OCCI welcomes Oman Development Bank's decision on loan repayment

Muscat: The Oman Chamber of Commerce and Industry (OCCI) has appreciated the decision of the Development Bank to extend the payment period for the beneficiaries of the emergency loan program packages to 2022 without calculating interest or fees.

OCCI said in a statement: "Oman Chamber highly appreciates the positive response to the demands of the Chamber and the Omani private sector expressed to the Oman Development Bank, especially with regard to extending the repayment period and giving an additional grace period to all beneficiaries of the emergency loan program packages until January 2022 without calculating interest or fees."