Sohar International introduces first API Banking Portal in the Nation

Sohar International introduces first API Banking Portal in the Nation

Muscat: Sohar International - Oman's Best Bank, has launched its comprehensive Application Programming Interfaces (API) Banking Portal, heralding a new era designed to revolutionise financial management catering primarily to government bodies, corporate entities, and fintech companies through providing innovative API-based solutions.

This transformative journey is a direct response to the rapidly evolving financial landscape, where shifts in consumer behaviour and technological advancements necessitate a new approach to banking. Standing at the forefront of financial sector modernisation, API banking enables third-party entities to securely access bank services and data to complete specific transactions that otherwise may take a longer time to complete.

Mr. Ahmed Al Musalmi, Chief Executive Officer of Sohar International commented, "Today marks a significant milestone in our nation's financial landscape as we proudly launch our API Banking portal, a first in the country. This innovative platform empowers developers and third-party providers to create groundbreaking financial services, driving unparalleled convenience and choice for our customers. By embracing this innovative technology, we are not only fostering innovation but also reinforcing our commitment to security, transparency, and customer-centric solutions. Aligning with Oman Vision 2040 and our nation's agenda towards a more digital economy, this initiative supports our collective goal of creating a technologically