Bank Dhofar expanded its transaction banking business in 2025 as investment in digital services helped clients manage collections, payments and trade finance more efficiently.
The bank’s open-account collections and reconciliation platform matches incoming payments to invoices, customers and sales locations for corporates and SMEs, importing invoices from client systems and creating virtual accounts, with reminders and dashboards to track overdue payments.
Its client base grew by approximately 35% in 2025, while monthly SME collection volumes rose from approximately OMR1 million ($2.6
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