Oman Sohar International Bank opens Asia Pacific office in Hong Kong

China News Service, Hong Kong, September 10th. Sohar International Bank of the Sultanate of Oman (referred to as "Oman") opened an Asia-Pacific office in Hong Kong on the 10th, which is the first office established by Sohar International Bank outside the Middle East. Sohar International Bank is also the first Omani bank to settle in Hong Kong.

Paul Chan, Financial Secretary of the Hong Kong SAR Government, said that he welcomes Sohar International Bank to establish an office in Hong Kong, which demonstrates its confidence in Hong Kong’s role as an international financial center and a gateway connecting the Middle East, Mainland China and Asia.

Liu Kaixuan, Director of Investment Promotion of the Hong Kong SAR Government, said that the entry of Sohar International Bank not only enriches Hong Kong's banking industry ecology, but also allows companies to redefine the huge prospects of deepening investment cooperation between the Middle East and Asia and give full play to Hong Kong's outstanding strengths in financing, risk management and professional services.

Abdulwahid Mohamed Al Murshidi, Chief Executive Officer of Sohar International Bank, said that setting up an office in Hong Kong is an important strategic plan for Sohar International Bank's international development, allowing the bank to connect more closely with one of the most important global financial and business centers, and build a stronger platform to deepen ties with investors, financial institutions, enterprises and strategic partners in China and even across Asia.

It is reported that Sohar International Bank is one of the banks with the fastest growing business in Oman, and its total assets are the second largest bank in the country.