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## Sohar Bank Eyes Regional Expansion With Hong Kong Strategic Move
Oman's Sohar International Bank has secured regulatory clearance from local monetary authorities to establish a presence in Hong Kong, marking a significant step in the institution's international expansion strategy. The green light was issued on December 25, with the bank announcing the development through the Muscat stock exchange.
The financial institution emphasized that the Hong Kong authorization remains conditional on obtaining supplementary permits from local regulators and maintaining full compliance with both Hong Ko
Oman's Sohar International Bank has secured regulatory clearance from local monetary authorities to establish a presence in Hong Kong, marking a significant step in the institution's international expansion strategy. The green light was issued on December 25, with the bank announcing the development through the Muscat stock exchange.
The financial institution emphasized that the Hong Kong authorization remains conditional on obtaining supplementary permits from local regulators and maintaining full compliance with both Hong Ko