Covid-19: Banks in Oman urged to postpone monthly loan payments

Energy Wednesday 08/April/2020 16:30 PM
By: Times News Service
Covid-19: Banks in Oman urged to postpone monthly loan payments

Muscat: Oman Chamber of Commerce and Industry has called on banks to postpone loan installments on companies and private sector workers without accumulating interest.

OCCI said in a statement, "We called on the Central Bank to urge the various financing institutions, banks and finance companies to observe the current conditions of private sector institutions by postponing the installments to companies and employees working in the private sector for a period of six months without accumulating interest."