Oman Development Bank invites applications for emergency loans

Muscat: Oman Development Bank (ODB) has invited loan applications from project owners who have been affected by the pandemic and the lockdown for its emergency loan program.

Applicants can use the electronic submission service on the bank's website www.odb.om, before the end of the workday on 10th December 2020.

A statement issued online by ODB said, "Oman Development Bank invites applicants to benefit from the emergency loan program that has been approved in order to assist projects most affected by the pandemic and from those who obtained initial approvals and did not complete documentation procedures to initiate the completion of their application."

"Post 10th December, the bank will continue to provide its usual credit facilities for various projects, including those affected by the repercussions of the pandemic, in accordance with the usual procedures," the statement added.