ODB to reschedule loans, secure SMEs

Muscat: Oman Development Bank (ODB) announced that it started receiving applications for the rescheduling of loans sanctioned to projects via ODB’s branches in the Sultanate’s governorates.
The ODB reaffirmed that it would positively consider all the applications, including ones for loans re-payed through monthly transfers.
The ODB also stressed it would offer operational loans to all categories of projects, particularly small and medium enterprises (SMEs) and micro-projects whose operations are hit by the current coronavirus pandemic, to enable the small businesses to survive and realise their objectives.