Since Bank Sohar began its operations and saw the light, it has had a driving dream, which is to elevate the level of services provided to meet the aspirations of individuals and institutions. After years of effort, Bank Oman has become a global institution on Omani soil.
Sohar International Bank offers a range of services for individuals and companies. We will mention below the most important services related to companies:
Working capital financing.
Forward loans.
Contract financing.
Real estate financing.
However, what concerns us here is the funding of projects, which is an excellent service provided by Bank Sohar for small, medium, and large enterprises in the Sultanate.
Project financing:
(1) Small and Medium Enterprises:
Sohar International Bank offers medium to long-term loans for small and medium-sized enterprises with the aim of supporting and uplifting them. The bank targets the following sectors: construction, real estate development, trade, manufacturing, wholesale and retail trade, transportation, hospitality, telecommunications, education, oil and gas industry, tourism, and services.
(2) Large establishments:
Sohar International Bank continues to provide facilities for financing large projects (construction, development) at an interest rate of 6%, provided that the minimum required amount is 1 million Omani rails.
