Oman · Financial institution

Bank Dhofar (S.A.O.G.)

Bank Dhofar SAOG is a public joint-stock company listed on the Muscat Stock Exchange. Its head office is in Ruwi, Muscat. It offers retail, corporate, treasury and investment banking in Oman, and Islamic banking through its window Dhofar Islamic. It began operations in 1990 as Bank Dhofar al Omani al Fransi and merged with Majan International Bank in 2003. It took over the Oman branch business of Bank of Baroda in May 2025.

BICBDOFOMRUXXX LEI6354004C6R7INCP4CN20 Licence no.Not on a tracked register Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BDOFOMRU directly. Swift GPI member, not yet live 2 branch codes Claim this profile

Licences and registrations

Matched by LEI on the 22 tracked registers

None matched by LEI in the 22 tracked registers.

  • The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.

Swift network

Swift’s ISO 9362 BIC directory

BIC
BDOFOMRUXXX head office
Connection to Swift
Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BDOFOMRU directly.
Swift GPI
Member, not yet live
Payment schemes and systems
No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
Branch codes
2 branch codes
BIC first registered
1995-09-02
Last updated
2025-02-01

Overview

Researched 29 Sep 2026 · Sources

Total assets

OMR 6.08bn

Group · 30 Jun 2026 · interim report ↗

Employees

1,780

headcount · Group · 30 Jun 2026 · interim report ↗

Ownership

Publicly listed

Ticker BKDB

Institution type

Commercial bank

Trades as BankDhofar

Ownership
At 30 June 2026, Eng. Abdul Hafidh Salim Rajab Al Ojaili and his companies held 24.99%, and government-related funds together held more than 28%.
Major shareholders
Eng. Abdul Hafidh Salim Rajab Al Ojaili & his Co. 24.99% · 30 Jun 2026
Dhofar International Development & Investment 23.29% · 30 Jun 2026
Pension Funds Trust Accounts 15.37% · 30 Jun 2026
Social Protection Fund 10% · 30 Jun 2026
H.E. Yousuf bin Alawi bin Abdullah & his Co. 9.82% · 30 Jun 2026
Sheikh Mustahail bin Ahmed Al-Ma'ashani & his Co. 7.67% · 30 Jun 2026
Stock listing
Muscat Stock Exchange BKDB
Head office
Building No. 460/87, Central Business District, Ruwi, P.O. Box 1507, 112 Muscat, Oman
Name in the local language
بنك ظفار
Former name
Bank Dhofar al Omani al Fransi

Business lines

  • Corporate banking
  • Retail banking
  • Islamic banking
  • Markets & trading
  • SME banking
  • Trade finance
  • Transaction banking & payments
  • Private banking & wealth
  • Asset management
  • Mortgage lending
  • Cards
  • Correspondent banking
  • Investment banking

According to its June 2026 investor presentation, corporate banking earned 36% of operating income, retail banking 31%, Islamic banking 17% and treasury, investments and financial institutions 16%.

Online

Websites & references
bankdhofar.com ↗
dhofarislamic.com ↗ Islamic banking window (Dhofar Islamic) site
online.bankdhofar.com ↗ online banking portal
Official social accounts
None found
Sources · 14 pages consulted
  1. bankdhofar.com/
  2. bankdhofar.com/about-us/overview/management-team/
  3. bankdhofar.com/about-us/overview/board-of-directors/
  4. bankdhofar.com/about-us/investor-relations/
  5. bankdhofar.com/media/xxvjzekb/ir-presentation-q2-2026-final.pdf
  6. bankdhofar.com/about-us/contact-us/
  7. bankdhofar.com/treasury/
  8. bankdhofar.com/corporate/financial-institutions/
  9. cbonds.com/company/49465/
  10. arabiandaily.com/omans-bank-dhofar-appoints-karumathil-gopakumar-as-acting-ceo/
  11. almasar.om/%D8%A7%D8%B3%D8%AA%D9%82%D8%A7%D9%84%D8%A9-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9
  12. thearabianstories.com/2025/05/06/bankdhofar-completes-acquisition-of-bank-of-barodas-oman-branch/
  13. thearabianstories.com/2024/12/17/bank-dhofar-gets-in-principle-approval-from-cbo-to-acquire-bank-of-barodas-oma
  14. omanobserver.om/article/1141046/business/banking/bank-dhofar-withdraws-takeover-offer-for-ahli-bank

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Karumathil Gopakumar Karumathil Gopakumar Acting Chief Executive Officer (Deputy CEO since November 2021; acting CEO since 5 September 2024) Confirmed 29 Sep 2026 · bankdhofar.com ↗
Chair
Eng. Abdul Hafidh Salim Rajab Al Ojaili Eng. Abdul Hafidh Salim Rajab Al Ojaili Chairman Confirmed 29 Sep 2026 · bankdhofar.com ↗
Chief financial officer
Vikesh Mirani Vikesh Mirani Chief Financial Officer Confirmed 29 Sep 2026 · bankdhofar.com ↗
Executive
Ahmed Said Mohammed Al Mahrezi Ahmed Said Mohammed Al Mahrezi Deputy Chairman Confirmed 29 Sep 2026 · bankdhofar.com ↗
Executive
Ali Khamis Hussain Al Zadjali Ali Khamis Hussain Al Zadjali Chief Compliance Officer Confirmed 29 Sep 2026 · bankdhofar.com ↗

Supervisors & regulators

Researched 29 Sep 2026 · Sources

Oman
Central Bank of Oman Central bankPrudential supervisorAML supervisor

Recent events

Researched 29 Sep 2026 · Sources

  1. Merger / acquisition

    The bank told the Muscat Stock Exchange that it had finished integrating the Oman branch business of Bank of Baroda.

    thearabianstories.com ↗
  2. Merger / acquisition

    The bank signed a business transfer agreement with Bank of Baroda for its Oman branch.

    thearabianstories.com ↗
  3. Licence

    The Central Bank of Oman gave in-principle approval for the bank to acquire the banking business of Bank of Baroda's Oman branch.

    thearabianstories.com ↗
  4. Leadership

    Chief Executive Officer Abdul Hakeem Omar Al Ojaili resigned. Deputy CEO Karumathil Gopakumar became acting CEO from 5 September 2024.

    arabiandaily.com ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.

Identifiers

Head-office record

BIC
BDOFOMRUXXX
How the BIC breaks down
  1. BDOFBank
  2. OMCountry · Oman
  3. RULocation
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI
6354004C6R7INCP4CN20
LEI record
View on GLEIF ↗
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.

Profile

Type
Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
Regulation
Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Register licences
None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Country · region
Oman · Middle East & North Africa
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.

Ownership and group

GLEIF relationship records

GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.

Addresses

Registered address
CBD AREA RUWI RUWI 112 1507 OMAN
Operational address
BANK DHOFAR CBD AREA RUWI RUWI 112 RUWI POB 1507 OMAN

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>BDOFOMRUXXX</BICFI>
  <LEI>6354004C6R7INCP4CN20</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>BDOFOMRUXXX</BICFI>
  <LEI>6354004C6R7INCP4CN20</LEI>
  <Nm>BANK DHOFAR (S.A.O.G.)</Nm>
  <PstlAdr>
    <TwnNm>RUWI</TwnNm>
    <Ctry>OM</Ctry>
    <AdrLine>CBD AREA RUWI RUWI 112 1507</AdrLine>
  </PstlAdr>
</FinInstnId>

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Network

Branch network

All 2 branch BICs connect to the head office. They are all in Ruwi, and no function or registration year splits them further.

Head office BDOFOMRUXXX HQ BDOFOMRUMIB · DHOFAR ISLAMIC · Ruwi MIB BDOFOMRUTFD · Ruwi TFD

Hover over a branch or group to see its details

Branch codes

BICBranchCityAddressLEIUpdated
BDOFOMRUMIB DHOFAR ISLAMIC Ruwi BANK DHOFAR CBD AREA RUWI RUWI 112 RUWI OMAN — 2025-02-01
BDOFOMRUTFD — Ruwi RUWI RUWI OMAN — 2025-02-01

See every BIC in Oman →

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Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
  • Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: bankdhofar.com (official website) · original; Karumathil Gopakumar: bankdhofar.com (official website) · original; Eng. Abdul Hafidh Salim Rajab Al Ojaili: bankdhofar.com (official website) · original; Vikesh Mirani: bankdhofar.com (official website) · original; Ahmed Said Mohammed Al Mahrezi: bankdhofar.com (official website) · original; Ali Khamis Hussain Al Zadjali: bankdhofar.com (official website) · original.

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