Sohar International rings Bell at MSX to announce successful merger with HSBC Bank Oman

Sohar International rings Bell at MSX to announce successful merger with HSBC Bank Oman

Muscat. Sohar International marked a historic moment in its journey of growth by ringing the market-opening bell at the Muscat Stock Exchange (MSX) on 20th August 2023. This momentous occasion celebrated the successful merger of HSBC Bank Oman with Sohar International, solidifying the bank's position as one of the fastest-growing financial institutions in the Sultanate of Oman.

The bell-ringing ceremony was graced by the esteemed presence of distinguished guests: His Excellency Abdulsalam bin Mohammed Al-Murshidi, President of Oman Investment Authority, and H.E. Abdullah bin Salem Al Salmi, Executive President of the Capital Market Authority. They were joined by Mr. Mohammed Mahfoodh Al Ardhi, Chairman of Sohar International, and Mr. Ahmed Al Musalmi, Chief Executive Officer, along with other esteemed members of the Sohar International Board and Executive Management. This event marked a significant milestone, and its importance was underscored by the attendance of prominent figures from the financial sector, shareholders, media representatives, and members of the public.

Expressing his pride in the bank's achievements and the transformative impact of the merger, Mr. Mohammed Mahfoodh Al Ardhi stated, "This glorious occasion marks the start of a new era for Sohar International - one that is marked with abundant growth prospects, not only for