Oman Housing Bank Stresses that Royal Directives will Boost Urbanization

By News Desk on January 13, 2023

Muscat: Musa Masoud Al Jadidi, CEO of Oman Housing Bank (OHB) has said that the Royal directives of His Majesty Sultan Haitham bin Tarik to strengthen the partnership between OHB and local banks stem from His Majesty’s keenness on everything that would provide avenues for a decent life for Omani people and adequate housing for Omani families in a manner that fits with development plans espoused by the government.

Al Jadidi told Oman News Agency (ONA) that the Royal directives will contribute to enabling the bank to accommodate the growing demand for its loans and to enhance the bank’s role in the housing and construction movement in Oman.

Al Jadidi added that partnership agreements between OHB and local banks would enhance the bank’s ability to expand its services and reduce applicants’ waiting time for applicants seeking housing loans. – ONA

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