Credit Oman approves credit ceiling worth OMR2 million

Muscat: The Export Credit Guarantee Agency of Oman (Credit Oman) approved credit ceilings with a total value of OMR2,215,000 in January and February 2020.
The value of credit ceilings approved under the export credit guarantee policy reached OMR1,265,026 for 26 exporters from the Sultanate and to the countries of the world. The share of applications for credit ceilings under the domestic credit guarantee policy amounted to OMR950,000 for 27 local sellers from inside the Sultanate to a local buyer.
The credit ceilings were diversified in a variety of sectors that include building materials, iron, consumer goods, plastics, petrochemicals, agricultural and fisheries sectors, in addition to various sectors of all kinds and listed in the primary industries, raw materials and others.