OAB’s Tumouhi set to boost SME growth

by | Aug 28, 2023 | 0 comments

MUSCAT –Oman Arab Bank (OAB) has further strengthened its support  to the  pivotal role of Small and Medium-sized Enterprises (SMEs) in Oman with the announcement of  Tumouhi. Launched under the patronage of HE Dr Nasser bin Rashid Al Mawali, Undersecretary of the Ministry of Economy, the program is targeted towards helping the nation’s SMEs thrive in a sector already enjoying vibrant growth in the country.

Sulaiman Al Hinai, General Manager of Wholesale Banking Group at Oman Arab Bank, said: “SMEs are the lifeblood of any healthy economy and they have long been a priority in OAB’s operations across the Sultanate. With Tumouhi, OAB aims to further support SME growth by streamlining their experience and establishing a strong reputation as a pivotal partner thanks to the suite of benefits available. SMEs represent a crucial component on our road towards realizing the bold blueprint of Oman’s Vision 2040, which gives even more importance to this initiative as a vital development on this journey.”

He added, “Tomouhi is it is a testament to our dedication to nurturing and cultivating the advancement of SMES.”

In addition, strategic and key partners have also come on board to provide services and products for SMEs to foster their growth and facilitate their business operations. These include Oman Academy for SMEs, Omantel, National Life and General Insurance, Talal Abu Ghazaleh Global, Asia Solutions, Corwe Oman, Dalili, Global College of Engineering and Technology, Hamdan Al-Sadi Law Firm, Rajab Al Kathiri & Partners Law Firm, OSOS, and Tatweer Cyber Security. 
SMEs can open a Tumouhi account at their nearest OAB branch. For more information, please visit https://www.oman-arabbank.com/tumouhi.

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