15-10-19
Bank Muscat, OHB sign US130 million financing
(MENAFN) Bank Muscat, the flagship financial services provider in the Sultanate and Oman Housing Bank (OHB), the Sultanate"s nodal housing finance institution, has entered into a long term financing contractUnder the agreement, Bank Muscat has committed to supplying up to USD130m million in long-term financing to support OHB"s core business of providing advance loans, especially to the low and medium-income group of Omani citizens. The agreement was signed by Sheikh Waleed K. Al Hashar, chief executive officer, Bank Muscat, and Adnan Haider Darwish, general manager, OHB at the Bank Muscat head office recently.
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