ODB kicks off interest-free emergency loan process in Oman

Energy Sunday 05/July/2020 17:17 PM
By: Times News Service
ODB kicks off interest-free emergency loan process in Oman

Muscat: Oman Development Bank (ODB) 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 coronavirus (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.