Sohar International wins fastest growing bank, recognised for excellence in digital transformation
Published: 02:06 PM,Jun 01,2022 | EDITED : 06:06 PM,Jun 01,2022
MUSCAT: Demonstrating exemplary progress in key areas of operations, Sohar International has remained persistent in fulfilling the goals defined in its growth, expansion, and digital transformation strategies. Fuelled by innovation, customer-centricity, and the inherent zeal to offer world-class financial products and services to the Omani society, Sohar International was ranked by the highly coveted Best Banks Survey as the ‘Fastest Growing Bank’ in the Large Banks Category. The results of the survey are declared after a stringent analysis of various factors and are, therefore, one of the most sought-after accolades in the banking industry. At the same event, the bank was also applauded for achieving ‘Excellence in Digital Transformation’. The bank won the two accolades at the Oman Banking and Finance Awards, held under the seventh edition of the New Age Banking Summit (NABS). Sohar International has been registering accelerated development across all parameters in the past year while setting new benchmarks in the digital realm.
Receiving the coveted awards at the highly anticipated banking event was the Chief Executive Officer of Sohar International – Ahmed al Muslami. The summit, which was hosted by His Excellency Shaikh Salim bin Mustahail bl Mashani honoured His Excellency Tahir bl Amri, Executive President, Central Bank of Oman as the Chief Guest and keynote speaker, took place on 31 May 2022 at Al Bustan Palace . The summit also witnessed the participation of over 150 delegates from more than 100 BFSI and technology companies, including leaders of the top 10 banks in Oman.
Commenting on the awards, Ahmed al Musalmi, Chief Executive Officer of Sohar International said, “Prestigious awards like these further attest to the bank’s well-placed, strategic, and progressive business plans. Our stellar growth story goes beyond our proven capabilities that are at par with international financial institutions – our pride stems from the fact that we have shown resilience, even in challenging times, and have remained unfaltering in our commitment to providing our customers with superior products and services. The emphasis we placed on technological innovation also acted as a key catalyst for our growth as we continued to align with the digitalisation goals of the country. Responding to market demands, the bank has radically transformed its digital channels to deploy a new, best-in-class, omni-channel platforms. The healthy and consistent growth experienced has been on the back of innovating thinking, actively seeking out new opportunities, and ensuring that we continue fulfilling our purpose of helping people win whilst delivering banking for their ever-changing world. Such growth does not only contribute to the bottom-lines, but also - more importantly - positions us to contribute towards our communities, as well as play an active and complimentary role towards enhancing the socioeconomic scene within the country aligning us with Oman Vision 2040.”
Receiving the coveted awards at the highly anticipated banking event was the Chief Executive Officer of Sohar International – Ahmed al Muslami. The summit, which was hosted by His Excellency Shaikh Salim bin Mustahail bl Mashani honoured His Excellency Tahir bl Amri, Executive President, Central Bank of Oman as the Chief Guest and keynote speaker, took place on 31 May 2022 at Al Bustan Palace . The summit also witnessed the participation of over 150 delegates from more than 100 BFSI and technology companies, including leaders of the top 10 banks in Oman.
Commenting on the awards, Ahmed al Musalmi, Chief Executive Officer of Sohar International said, “Prestigious awards like these further attest to the bank’s well-placed, strategic, and progressive business plans. Our stellar growth story goes beyond our proven capabilities that are at par with international financial institutions – our pride stems from the fact that we have shown resilience, even in challenging times, and have remained unfaltering in our commitment to providing our customers with superior products and services. The emphasis we placed on technological innovation also acted as a key catalyst for our growth as we continued to align with the digitalisation goals of the country. Responding to market demands, the bank has radically transformed its digital channels to deploy a new, best-in-class, omni-channel platforms. The healthy and consistent growth experienced has been on the back of innovating thinking, actively seeking out new opportunities, and ensuring that we continue fulfilling our purpose of helping people win whilst delivering banking for their ever-changing world. Such growth does not only contribute to the bottom-lines, but also - more importantly - positions us to contribute towards our communities, as well as play an active and complimentary role towards enhancing the socioeconomic scene within the country aligning us with Oman Vision 2040.”