Al Wathbah, BankMuscat’s comprehensive suite of programme lending solutions for the small and medium scale sector

Taking into consideration the importance of SME’s to the national economy, BankMuscat has dedicated a full-fledged SME Finance Department to cater to the needs of this sector. The department grants loans up to RO 250,000/- to small and medium size enterprises. Professional Account Relationship Managers working in the department assess the needs of customers, evaluate the related risks, structure finance, take care of certifications, monitor and supervise the credit facilities provided in different branches of the bank. The department is mainly divided into two finance units as follows:

Programme Lending Unit - Al Wathbah

Al Wathbah offers up to RO 100,000 in terms of funding for small commercial establishments with an annual turnover less than RO 250,000/-, subject to certain requirements stipulated by the Bank.

Al Wathbah currently offers 6 product categories:
- Equipment Finance
- Receivables Finance
- Credit Card Receivables Finance
- Working Capital Finance
- Contract Finance
- Import Finance

SME Finance Unit

If the client does not meet the requirements of the Programme Lending Unit (Al Wathbah), or if his/her credit needs exceed RO 100,000/-, the client can resort to SME Finance Unit, which provides credit facilities up to RO 250,000/-.

The above-mentioned financing solutions are marketed through all BankMuscat branches.

Address:

PO Box 134, PC 112, Ruwi
Tel. 24768832
Web: alwathbah@bankmuscat.com