Shaikh Waleed K al Hashar, Chief Executive Officer, Bank Muscat, said: “This financing arrangement comes within the scope of joining hands with partners to achieve the highest value for the National Economy. The agreement is a clear indication of the availability of viable financing facilities in Oman. Bank Muscat is focused on playing a prominent supportive role in projects of national importance and also in supporting other institutions, which are also contributing to economic growth and development.”
Adnan Haider Darwish, General Manager, OHB, said: “Oman Housing Bank’s primary role is to make housing affordable for the Omani society. Towards this objective, OHB provides housing loans for the Omani citizens with a focus on low and middle income group, which contributes to the development of the housing sector in the Sultanate and boosts economic growth. In order to achieve its objectives, the bank manages its financial needs from various lending institutions. We are happy with the support extended by Bank Muscat as it will enable us to contribute substantially to national economic priorities and development.”
Source Link: www.omanobserver.om