Oman Development Bank announces loan repayment relief

All beneficiaries of the emergency loan program packages have been given an additional grace period

  
Muscat: Oman Development Bank (ODB) has announced the extension of the repayment period for all beneficiaries of the emergency loan scheme packages.

It urged the beneficiaries to contact the specialized branches of their loans to complete the procedures.

Oman Chamber of Commerce and Industry (OCCI) appreciated the positive response to its Chamber and that of the private sector by the Oman Development Bank, with regards to extending the loan repayment period.

All beneficiaries of the emergency loan program packages have been given an additional grace period until January 2022. No interest or fees will be charged.

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