Sohar International Launches New Corporate Mobile Banking App to Empower Businesses with Enhanced Flexibility

10-24-2023 Back to News & Events

Demonstrating its unwavering dedication to continually improving and expanding its services to better serve corporate clients, Sohar International introduces its latest addition to the suite of its corporate Internet banking services revealing its new Corporate Mobile Banking App. This innovative app is tailored to cater to the unique requirements of the corporate world, enabling clients to run and grow their businesses effortlessly.

The new corporate App is designed to provide unmatched convenience, speed, and cost-effectiveness to a diverse corporate audience, including large corporations, government entities, SMEs, and retail businesses. This innovative app responds to the growing demand for remote banking, enabling businesses to manage financial transactions and accounts from anywhere at any time. The Corporate Banking Mobile App offers a suite of features tailored to businesses, including statement checks, salary transfer, fund transfers, and bill payments. To ensure security, the application is fortified with two-factor authentication, providing the choice of static and dynamic passwords, as well as advanced biometric authentication options like fingerprint or Face ID.

Mr. Ahmed Al Musalmi, Chief Executive Officer at Sohar International, emphasized the paramount significance of modernized digital tools for contemporary businesses. Mr. Ahmed Al Musalmi stated, "In today's rapidly evolving business landscape, companies are increasingly drawn toward digital solutions that offer efficiency, convenience, and utmost security. With the introduction of our innovative and feature-rich application, our primary objective is to empower our corporate clientele with enhanced control and deeper financial insights. At Sohar International, we continually dedicate ourselves to raising the bar of our customer value proposition while cultivating a robust ecosystem that serves the interests of the entire sector."

To access the app, corporate and government clients can simply download it from the app stores and log in using their usernames and passwords on the corporate internet banking platform. In case they are not registered, clients can easily do so through their dedicated relationship managers or by visiting their nearest branch.

Mr. Sajeel Bashiruddin, Chief Digital Officer at Sohar International added, “Featuring a host of services that have been tailored exclusively to meet the needs of business customers, our Corporate Mobile Banking App goes beyond the optimization of operations and the infusion of convenience. It is strategically designed to enhance productivity and reduce the time and effort required for financial tasks, resulting in an efficient financial management experience for businesses. Our app provides enhanced control and deeper financial insights, and we're constantly evolving to offer even more. We stand firm as pioneers in digital banking solutions and champions of financial inclusion."

The launch of the new Corporate Banking Mobile App aligns with Sohar International's digitalization commitment. In addition to this app, Sohar International offers a range of digital services tailored to its wholesale banking clients. Their Corporate Internet Banking Service provides online tools to save time and resources for corporate customers, enabling online transactions, reducing paperwork, and cutting costs. Furthermore, Transaction Banking manages routine financial transactions, including international trade financing, cash management, and liquidity. Within Transaction banking, the bank provides specialized services in Trade Finance, Cash Management, and Supply Chain Finance collectively catering to the complete corporate ecosystem. Sohar International remains dedicated to delivering innovative solutions that meet evolving business needs as it advances in its digital journey.

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