Latest News

BankDhofar and Oman Towers Company have recently signed a financing pact worth OMR 30 million, to finance the rollout of new telecom towers in the Sultanate over the coming years.

BankDhofar and Dalilee recently signed an agreement for payment solutions. 

In recognition of the exceptional services, products and financial solutions for Al Riadah Priority Banking Services, BankDhofar recently won ‘Outstanding Priority Banking Services of the Year’ award. Receiving the award on behalf of the Bank was Hind Abdul Malik Al Sabbagh, AGM & Head of Priority Banking, at the Red-Carpet Signature Luxury 100 event.

As one of the outstanding Omani leaders at BankDhofar, Majida Issa Al Balushi, AGM - Large Corporate & Corporate Branch at BankDhofar, received the Financial Services Award at Al Mar’a Magazine Excellence Awards 2022. The award recognizes her efforts and successful leadership of the corporate banking services at BankDhofar.

Demonstrating its keenness to support various initiatives that serve the community, BankDhofar recently sponsored the inauguration ceremony of ‘Women Club for Sports and Cultural Creativity’. The inauguration ceremony was presided over by HH Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth. Representing BankDhofar at the event were, Abdul Hakeem Omar Al Ojaili, CEO of BankDhofar, Kamal Uddin Hassan Al Maraza, Chief Maisarah Islamic Banking Officer, and a number of prominent female employees from BankDhofar.

The summit focused this year on Human Resources
Dr. Khalid Salim Al Hamadani, Chief Human Resources Officer “At BankDhofar, we have a clear vision and strategy that focuses on nurturing our talents and developing their skills.”

BankDhofar continues striving to boost its role as one of the key players in the Sultanate's banking sector, maintaining sustainable business growth and gaining the trust of its key partners and stakeholders. Since 1990, the Bank has worked consistently towards revamping the banking industry in the Sultanate with diverse initiatives and unprecedented programs that aim to raise the service quality and set the benchmark for the best customer experience.

Demonstrating its efforts in building on the existing relationships with its partners and strengthening its ties with stakeholders, BankDhofar recently organized Wholesale Banking Partners’ Meet Event. The event was attended by Abdul Hakeem Omar Al Ojaili, CEO of BankDhofar, and BankDhofar’s Corporate Banking management team, who welcomed the representatives of the corporates and the stakeholders.

BankDhofar announced that it has successfully raised OMR 115.5 million Basel III compliant Additional Tier 1 (AT1) bond listed on the Muscat Stock Exchange. This is the largest OMR AT1 single tranche offering by any bank in Oman. The issue attracted a high-quality order book with strong participation from local investors that allowed BankDhofar to set the yield at 6.75%.

Reaffirming its keenness to intensify its social involvement and community outreach, BankDhofar recently supported Omani Association for the Hearing Impaired by providing hearing aid devices. Being an integral part of society, BankDhofar's contribution to the association will contribute to making a positive impact on the lives of this vital segment of society.