PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

596907

Primary Business Area

Access To Finance

Disclosure Date

May 28, 2013

Country

Oman

Region

Middle East

IFC Approval Date

Dec 2, 2012

Status

Completed

Estimated Total Budget

$603,745.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 2, 2017

Project Estimated End Date

Jun 30, 2014

Project Description

Given the current economic situation in the region with high unemployment rates, IFC aims to facilitate private sector development through building an efficient financial sector that is more responsive to the private sector needs. Through this project, IFC aims to provide AS to Bank Muscat, the largest private bank in Oman, to further enhance and improve the sustainability and profitability of its SME Banking operations, thus contributing to job creation in the country.

Development Results