Study of the Effect of Fintech on The Financial Efficiency and Productivity of Omani Commercial Banks

Progress in the use of financial technology has become an important matter in the development in the use of digital technology and the revolution that has occurred in the field of financial transactions in recent years. As financial technology makes people easier and faster. Therefore, through this research, discuss the impact of financial technology on the financial and productive materials of Omani banks. This study is analyzing cum exploratory in nature as it assessed the information and data obtained from the financial statements of the five banks in the Sultanate of Oman, which are the Bank of Muscat, Dhofar Bank, Sohar Bank, Bank Nizwa and Oman Arab Bank. The financial statements for the banks list that was chosen for the year 2018 to 2022. From the research and through the previous technologies It was noticed that the banks used are seeking to provide easy and quick experiences that facilitate the customer to do his transactions without the need to do several operations, as all previous technologies all seek to be all safe and secret transactions and this indicates Financial technology is safe and does not threaten the impact of financial technology on improving the productivity and financial efficiency of Omani banks plays an important role in improving the productivity and financial efficiency of Omani commercial banks. It has helped streamline operations, enhance customer experience and provide innovative solutions. security of the banks and the entities that it uses.