The Central Bank of the Oman
This is verifiable on the licensing directory [Permitted activities for Licenses /Licensee Approved Persons/ Licensee Controllers] of the Central Bank of the Oman official website. Our customer service can always guide prospective clients towards verifying our licensed activities on the Central Bank of the Oman licensing directory portal.
$5Million - $2Billion
The loan contract period can either be short term [3 - 5 years] or Long term [5 - 35 years]
Yes, we offer a grace period with 12 - 36 months. This is dependent on the size of the project, the industry of the project as well as the financial projections of the project.
Our major sectors of business interest includes aerospace, agribusiness, Real estate, Telecommunication, financial service and Fintech, ICT, semiconductors, metals & mining, pharmaceutical and medical technology, Tourism, capital markets, Industral plants, renewable energy, Oil & Gas, utilities, other innovative sectors of business interest.
10 - 15 working days
Yes, there are upfront fees which are only payable if a project receives final approval for funding. These fees are remitted at the government offices nthat handles the respective fund clearance processes.
In absence of viable assets for collateral, the required guarantee for the loan is an Insurance Surety bond premium of 4% on the principal loan amount.