Muscat, 16 December 2019: In line with its continued efforts to support the development of small local businesses as well as to foster long-lasting partnerships with these companies, Oman Arab Bank hosted an SME Financial Management Workshop for businesses banking with them in Sur.
Commenting on the workshop, Jamal Al Wahaibi, the Head of SME department said, “Building business relationships and establishing long-lasting synergies are a key pillar of our operational strategy at OAB. This is especially true for SMEs since this segment provides a vital contribution towards the country’s diversification efforts. For these reasons, we aim to conduct workshops like these to offer them guidance and maximise their chances for success. This, in turn, helps us build closer and more robust business relationships with them in the long run.”
The SME Financial Management Workshop was held at the Sur Plaza Hotel Hand saw an attendance of over 20 entrepreneurs and staff from several SMEs operating in the Sharqiyah region. The workshop focused on how to manage business finances and provided SME’s with a deeper insight into the various financial products and services available to them, both from the Bank as well as from the government and other financial institutions. It also showcased how to best make use of these tools.
Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the bank operates a nationwide network of 65 branches and representative offices and 152 ATMs spread across Oman. OAB provides a complete range of financial products and services for personal banking, corporate banking and investments clients.