Moon Banking

Development Bank SAOC

in Oman 🇴🇲

Development Bank SAOC in Oman is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About Development Bank SAOC in Oman

Development Bank SAOC is a government-owned development finance institution in Oman that specializes in providing financing for small and medium-sized enterprises (SMEs), microenterprises, and corporate ventures. The bank operates as a SAOC (Sole Closed Joint Stock Company) and is fully owned by the Government of the Sultanate of Oman.

With approximately 265-371 employees and 18 branches across the country, Development Bank SAOC focuses on supporting Oman's economic diversification goals aligned with Vision 2040. The bank plays a crucial role in financing development sectors including agriculture, fisheries, industry, tourism, education, healthcare, and information technology.