Stemming from the Royal Directives to promote the SME role in the country’s economic diversification, Bank Muscat is proud to have initiated a series of innovative programmes benefiting SMEs. The main objective of the bank’s SME strategy is to play an important role in filling the gaps and empowering entrepreneurs to chart successful business ventures by providing necessary training, guidelines and tools.
In line with the vision and directive of His Majesty Sultan Qaboos bin Said to stimulate an entrepreneurial mindset, Bank Muscat is aligned with the national objective to complement and add value to the country’s progress and development.
Bank Muscat works hand-in-hand with the government and partners to create a favourable environment for SMEs in Oman. The bank’s Al Wathbah SME department offers a comprehensive suite of tailor-made finance solutions and non-financial services targeted at small and medium enterprises. Credit facilities, both short-term and long-term in nature, are available to all sectors. Further support is extended through non-financial services in areas of education, coaching, networking opportunities and workshops.