Muscat, 28 September 2025: Sohar International has once again underscored its leadership in Oman’s banking sector, securing two prestigious accolades during an awards ceremony. For the second consecutive year, the bank was recognized as the ‘Best Performing Company’ in the Large Cap segment and was also honoured as the leading ‘Enabler of National Initiatives and Progress’.
Held under the patronage of HE Ahmed Al Dheeb, Deputy Chairman of OPAZ (The Public Authority for Special Economic Zones and Free Zones), the high-profile ceremony brought together senior government officials, policymakers, business leaders, and market experts. Based on a rigorous ranking process conducted by United Securities, the awards recognized the top companies across Large Cap, Medium Cap, and Small Cap categories, celebrating not only financial excellence but also the broader contribution of leading institutions to Oman’s economic progress.
Companies were assessed against seven key financial performance parameters: Revenue Growth, Net Profit Growth, Return on Average Assets, Return on Average Equity, Net Profit Margin, Operating Profit (EBIT) Growth, and Operating Profit Margin (EBIT). In this competitive field, Sohar International ranked first in its category, distinguishing itself across all these dimensions.
Speaking on the occasion, Khalil Salim Al Hedaifi, Chief Government and Private Banking Officer at Sohar International, said, “By receiving this dual recognition, Sohar International reaffirms that financial excellence and broader responsibility can, and must, go hand in hand. This honour reflects the disciplined execution of our strategy, the strength of our governance, and the dedication of our people. While excelling across all performance parameters, we remain equally committed to supporting Oman’s national priorities, advancing the objectives of Oman Vision 2040, and facilitating its strategies and programs to accelerate the nation’s development journey. For us, sustainable growth goes beyond numbers — it is about creating enduring value for all stakeholders, contributing to the prosperity of our communities, and enabling long-term progress. These accolades are not an endpoint, but a catalyst for even more ambitious contributions in the years ahead.”
Sohar International continues to align its operations with Oman’s long-term development agenda, placing national progress at the center of its operations. The bank champions economic diversification, financial inclusion, and digital innovation, while investing in Omani talent and sustainable practices.
By embedding these priorities into its core strategy, Sohar International demonstrates that banking excellence directly supports national advancement — reinforcing its role as both a financial leader and a trusted partner in shaping the future of Oman.
About Sohar International:
Sohar International is Oman’s fastest-growing bank, guided by a clear vision to become a world-leading Omani service company that helps customers, communities, and people prosper and grow. With a purpose to help people ‘win’ by delivering responsive banking for their ever-changing world, the bank offers innovative solutions across Commercial and Investment Banking, Wealth Management, Islamic Banking, and more. Operating with a strong digital-first approach and an expanding regional footprint—including presence in the Kingdom of Saudi Arabia—Sohar International is committed to driving value through strategic partnerships and a dynamic customer experience. Learn more at www.SIB.om