OAB Hosts its 3rd SME Workshop and Final Hayakkum Event in Suhar

Muscat, 01 October 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 (OAB), on September 25, hosted its third SME Financial Management Workshop of the year, this time for SMEs operating in Suhar. In addition, OAB also hosted the final Hayakkum roadshow event at the City Centre Suhar the day after the SME Workshop, providing an ideal platform for a number of SMEs from the region to showcase their products and services. The event also included a number of fun activities for both children and adults.

Commenting on the workshop, Al Salt Al Kharusi, the Head of Corporate and Institutional Banking Group said, “Building business relationships and establishing long-lasting synergies are a key pillar of our operational strategy at OAB. This is especially true for SME as they are critical to the country’s diversification efforts. This is why we continue to host event such as these, offering them guidance and exposure whenever possible to maximise their chances for success; in turn building a close business relationship with them that will last for years to come.”

The SME Financial Management Workshop was held at the Radisson Blu Hotel and saw an attendance of over 25 entrepreneurs and staff from several SMEs operating in Batinah. As with the previous two workshops, it 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 and when. The workshop was conducted by Mohammed Zadjali from the Capital Market Authority and was overseen by the Bank’s SME team.

The day following the SME Workshop, OAB hosted its fourth Hayakkum event of the year at City Centre Suhar. Throughout the event, the Bank showcased its range of products and services to the attendees while also addressing any queries they might have. The products and services on display included everything from the Bank’s Hasaad Savings Accounts, to biometric security and mobile banking. As with the previous events in Sur, Nizwa, and Salalah, OAB once again invited a number of artisans and SMEs from the region to join them at the Mall and participate in the roadshow.

Hayakkum Suhar is the fourth and final event in a series of gatherings we began just under two months ago. As with the previous three, this gathering was a family event with a number of fun activities for the entire family to enjoy, such as face painting, henna, games and spot prizes, as well as a mad science show.

“The Hayakkum events have been extremely successful with over 5,000 attendees across all four events. On behalf I would like to thank all the staff involved in its organization as well as thank all the attendees and SMEs that attended and participated in the event. We look forward to hosting many more such events in the future,” said Hilal Al Siyabi, the Head of Corporate Communication at OAB.

Oman Arab Bank is one of the first banks to be established in Oman, with a rich and proud history. Today, the bank operates a nationwide network of 65 branches and representative offices and 152 ATMs spread across the Sultanate. OAB provides a complete range of financial products and services for personal banking, corporate and investment clients.