Bank Muscat hosts Open Day for micro and small businesses

Date

8/8/2016 1:54:48 AM

(MENAFN- Muscat Daily) Muscat-

Giving a major thrust for micro and small businesses to play an important role in diversifying the sultanate's economy and creating job opportunities for Omani youth, Bank Muscat will host an Open Day to benefit micro and small businesses in the Ghala Industrial Area.

The three-day event organised by the Retail Enterprises department begins on Monday at the Najahi service centre at the Ghala Industrial Area branch.

Facilitating financial inclusion, Bank Muscat Najahi products and services have created a benchmark, helping micro and small businesses to overcome hurdles and chart successful ventures with proper planning, financial discipline and prudent management.

Offering a special discount on Najahi business credit facilities, the Open Day reiterates the bank's commitment to extending the helping hand to micro and small businesses for fulfilling their financial needs.

In line with responsible banking, the focus of Bank Muscat is clear to create a sustainable financial platform for the nation and people and thereby contribute to the country's progress and development.

Early on, Bank Muscat identified the opportunities and challenges faced by this vital segment to develop a relevant suite of products and services. Securing credit without collaterals and accessing innovative banking services have been hurdles faced by micro and small businesses.

The specially designed Najahi products mainly include credit facilities without collaterals to develop and grow micro and small businesses. With Najahi, Bank Muscat provides finance for micro and small businesses.

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