Company Information

Get to know Sohar International

Sohar International, formerly known as Bank Sohar, is a prominent Omani commercial bank that commenced operations in 2007. It rebranded in 2019 to reflect its new vision and strategy focused on being a more vibrant, customer-centric, and humane organization. The bank offers a full suite of financial products and services to individual, corporate, and institutional clients, including retail banking, wholesale banking, treasury, and Islamic banking through its Sohar Islamic window. Its mission is to help customers win and achieve their financial goals by providing responsive and innovative banking solutions, driving growth and contributing to the development of the Sultanate of Oman.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Wealth Management

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Sohar International

Oman

Founded in

2007 (19 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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ASIC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.