Sohar International debuts Asia‑Pacific base in Hong Kong
The new base gives the Omani lender closer access to Mainland China and Asia.
Oman-based bank Sohar International has opened its Asia-Pacific office in Hong Kong, marking the bank’s first office in Asia and the first presence of an Omani bank in Hong Kong.
The launch comes after the bank received approval from the Hong Kong Monetary Authority in April, followed by final approval from the Central Bank of Oman in May to establish the office.
The bank said Hong Kong’s position as an international financial centre and its links with Mainland China and global markets make it a strategic base for its engagement with Asia.
The regional office will strengthen relationships with financial institutions, corporates, investors and strategic partners, whilst promoting investment and business opportunities in the Sultanate of Oman, the bank said in a statement.
“The presence will also support the Bank in developing deeper market understanding and relationships that can benefit Omani clients and businesses seeking greater engagement with Asian markets,” it added.
The move also builds on Sohar International’s expansion into Saudi Arabia, supporting its ambition to strengthen its regional and international presence and serve clients across increasingly interconnected markets.
The opening was marked by an official gala ceremony at Grand Hyatt Hong Kong, attended by senior officials from Oman and Hong Kong, including Hong Kong Financial Secretary Paul Chan Mo-po.