Bank Muscat, the flagship financial services provider in the sultanate, has evoked strong response to its unique non-collateral SME finance which addresses a critical requirement of entrepreneurs in Oman. The facility has broadened financial access for entrepreneurs to avail SME finance without collaterals. 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.”
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