Bank Muscat has released its non-collateral SME finance in Oman

Ilham Al Hamaid, AGM – SME Credit, Marketing and Regional Corporates, said: “al Wathbah SME non-collateral finance has opened a new world of opportunity for entrepreneurs. The SME finance not requiring collaterals is a bold step affirming the bank’s commitment to encourage an entrepreneurial culture in Oman.”
Ilham Al Hamaid added: “Bank Muscat initiatives aimed at supporting entrepreneurs and developing the SME sector stem from the Royal directives to promote SME role in the development of the national economy. Bank Muscat takes pride in adopting tangible steps aimed at implementing the Royal directives on SME development benefiting the country’s youth.”