Muscat, Oman Housing Bank said that 673 loans having a lump sum value of about RO 29.2 million were subsidized by the government in the first five months of 2021.

In a statement to Oman News Agency (ONA), Adnan Haider Darwish, CEO of Oman Housing Bank, said that the bank will accelerate the pace of approval of subsidized housing loans over the next few months, despite the situation with the current Covid-19 pandemic. This reflects the bank’s commitment to developing the housing sector in the Sultanate in line with preset plans, said Adnan Haider Darwish.

The bank’s management focuses on realizing the visions of the government, led by His Majesty Sultan Haitham Bin Tarik, aimed at providing decent housing for Omani citizens, Adnan explained.

Source: Oman News Agency