Sohar International Bank SAOG Overview
Pro stress-test →Sohar International Bank SAOG is an Oman-based bank primarily engaged in commercial, investment, and Islamic banking, organized into three segments: retail banking, wholesale banking, and Islamic banking. The bank also maintains operations in Hong Kong. As a listed entity on the Muscat Securities Market, it is one of Oman's leading financial institutions serving both individual and corporate customers across the MENA region.
Strategic Profile
Pro stress-test →The bank is pursuing expansion into non-oil sectors, digital banking, and regional markets to drive revenue growth and diversification, with strategic focus on fee-based income, Sharia-compliant products, and capital strength. The Government of Oman holds a 19.41% stake, providing strategic backing.
Competitive Landscape
Pro stress-test →Sohar competes against other Omani commercial banks and regional financial institutions. The bank is positioned as one of the leading lenders in the MENA region. Key competitors include National Bank of Oman, Bank Nizwa, Oman Arab Bank, and regional players from the Gulf and wider Middle East.
Industry Context
Sohar International Bank SAOG operates in Omani commercial and Islamic banking.
Key facts
Founded: N/A · Headquarters: Sohar, Oman · Employees: 1,665 · Revenue: N/A · Market cap: N/A