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Article: ODB disburses RO205m loans to businesses.
- Article from:
- Times of Oman (Muscat, Oman)
- Article date:
- October 11, 2009
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MUSCAT Eoe1/4" Since its inception Oman Development Bank (ODB) has so far awarded 26,000 small and medium loans valued at RO205 million to various sectors of the economy in different governorates and regions of the Sultanate, a bankEoe1/4aos statement said yesterday. This clearly indicates the bankEoe1/4aos policies and commitment to support the small and medium enterprises (SMEs) as they form an important tool to attract locals to set up establishments throughout the country.
Eoe1/4EoThe promotion of small and medium loans is the bankEoe1/4aos lending philosophy as it believes that development institutions have greater responsibility towards supporting ...