Wallets/sohar-international
Sohar International (Oman)
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Overview
Sohar International (Oman) is Omani commercial bank post-Aug 2023 Bank Sohar + HSBC Oman merger + MSX: BKSB + Royal Court Affairs of Oman + Oman Investment Authority major shareholders + one of Oman's larger commercial banks post-HSBC merger [1, om-cro].
History
Apr 4 2007 — Bank Sohar founded as Omani commercial bank.
Aug 2023 — Bank Sohar + HSBC Oman merger → Sohar International Bank S.A.O.G. distinctive Omani banking consolidation post-HSBC Oman exit.
2014 — Bank Sohar Mobile Banking app launch + 2023 Sohar International rebrand.
Ownership & operator
Operating entity: Sohar International Bank S.A.O.G. (MSX: BKSB; Omani commercial bank).
Major shareholders: Royal Court Affairs of Oman (Sultanate of Oman) + Oman Investment Authority OIA + Pension Funds Oman + post-Aug 2023 HSBC ~9.97% strategic shareholder + Omani retail + institutional + foreign investors.
Regulators: CBO (Central Bank of Oman).
Technical integration
Sohar International Mobile Banking app (iOS + Android) + soharinternational.com online + Sohar International branch network across Oman + Sohar International Visa + Mastercard cards; OmanQR + Oman IBAN.
Implementations & partners
Major Omani banking + payments competitors: [[bank-muscat]] (Bank Muscat; MSX: BKMB; Oman's largest commercial bank by assets) + [[nbo-oman]] (National Bank of Oman NBO; MSX: NBOB; Omani commercial bank) + [[ahli-bank-om]] (Ahli Bank Oman; MSX: ABOB; Omani commercial bank; Ahli United Bank Bahrain parent post-2009) + [[bank-dhofar]] (Bank Dhofar; MSX: BKDB; Omani commercial bank) + [[hsbc-oman]] (HSBC Oman; HSBC Holdings Omani subsidiary; Aug 2023 merged into Sohar International) + [[al-izz-islamic]] (Al Izz Islamic Bank Omani Islamic commercial bank) + [[bank-nizwa]] (Bank Nizwa Omani Islamic commercial bank).
Regulator: CBO.
Status
Active, Omani commercial bank post-Aug 2023 Bank Sohar + HSBC Oman merger + MSX:BKSB + Royal Court Affairs of Oman + Oman Investment Authority major shareholders + one of Oman's larger commercial banks post-HSBC merger [1, 2].
Sources
- 1 Sohar International — official
- 2 Sohar International Bank — Wikipedia
- om-cro In-corpus:
reports/countries/OM-oman.md
Source
Biography extracted from sohar-international.md. See matrix.md for standards-support matrix if present.