ODB starts receiving applications for emergency loans

Business Sunday 05/July/2020 16:36 PM
By: Times News Service
ODB starts receiving applications for emergency loans

Muscat: Oman Development Bank (ODB) has started receiving applications for the interest-free emergency loans programme endorsed under the Royal orders of His Majesty Sultan Haitham Bin Tarik.

The programme aims to help some segments of entrepreneurs whose businesses were gravely impacted by COVID-19 pandemic.

In particular, it targets holders of Riyada Card from among self-employed owners of small and medium enterprises and beneficiaries of loans from ODB and Al Raffd Fund, in accordance with terms set by the Supreme COVID-19 Control Committee.