ODB approves investment loans worth OMR3.5mn

Business Sunday 03/July/2022 11:29 AM
ODB approves investment loans worth OMR3.5mn
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Muscat: Oman Development Bank (ODB) has approved loans for funding four investment projects worth OMR3.5 million covering aviation training, education, tourism and livestock sectors.

ODB pointed out that its strategic goals accord greater scopes for Oman 2040 programmes, notably by increasing the number of financed projects that provide added value to the national economy.

The bank added that its goals include the development of governorates and the creation of employment opportunities for Omani youth. It advised the heads of supervision offices and directors of ODB branches to play a bigger role in promoting economic activity in the governorates.

ODB also accords importance to digital transformation as a means of upgrading the services the bank renders to beneficiaries.