Sohar International awarded Best Wealth Management Bank in Oman by World Economic Magazine

08-29-2022 Back to Newsroom

With a passion to serve customers bringing the best of the world to Oman and taking the best of Oman to the world, Sohar International has carved a niche for itself by offering unparalleled wealth management advisory services for customers. In recognition of its ongoing achievements, the World Economic Magazine recently awarded Sohar International the coveted title of ‘Best Wealth Management Bank in Oman 2022’. Following a selection process that is based on core competencies, the World Economic Magazine awards provide a benchmark for excellence across different domains. It recognises organisations that are driven by values of innovation, progression, and dynamism and who also reserve the capacity to effectively drive sustainable impact in society.

Commenting on the award, Mr. Khalil Salim Al Hedaifi, Chief Retail Banking Officer at Sohar International said, “This award comes as a testament to Sohar International’s inherent culture to provide clients a comprehensive suite of financial services that are tailored to suit their dynamic needs and help them navigate their investments in the right direction. Our wealth management advisory services delivered by a highly capable team reflect the same organisational values of excellence, transparency, and efficiency that our clients have grown increasingly familiar with. At Sohar International we continue to deliver with the sole purpose of enabling people to win, each in their own respective way.”

Going beyond just offering astute financial advisory services, Sohar International’s Wealth Management offers highly customized financial and related products and services, covering customer saving, borrowing, insurance, investing and day-today banking needs with a complete eco system of supporting tools and benefits; all delivered with commitment and personalized attention. With a team of certified wealth management advisors who possess the needed industry insights on international market trends, Sohar International also provides its clients with access to investment options in global markets in a risk-controlled environment through strategic long term tie-ups with well renowned international entities.

“Despite the global economic challenges, Sohar International has evolved to provide its customer not only product-based advice but also goal-based advice. We use our in-depth understanding of the market, and our expertise to play an advisory role across multiple assets, liabilities and client experiences that includes intangibles such as trust, security and access to exclusive networks for their long-term benefit. Through our network of international partnerships, we bring international markets and opportunities much closer to our clients in Oman and can cater to a wide variety of investor needs,” added Mr. Khalil Salim Al Hedaifi.

While such prestigious awards act as a continuous testament to Sohar International’s superior quality services, its persistent stance on providing enhanced levels of customer service has helped it to further cement its position as a preferred financial partner in the country. The bank has a significant loyal customer base which is also steadily growing.

Sohar International was recently ranked the ‘Fastest Growing Bank’ in the Large Banks Category and ‘Excellence in Digital Transformation’ by the highly coveted Best Banks Survey at the Oman Banking and Finance Awards. The Global Business Review Magazine Awards 2022 honoured Sohar International with the title of ‘Best Corporate Banking – Oman 2022’. In addition, the bank was recently awarded the coveted title of “Best Retail Banking - Oman 2022” in the latest round of awards by World Economics Magazine.

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