Ebdaa-Bahrain to Help Advance Microfinance in Oman

Source: Trade Arabia

Ebdaa Bahrain Microfinance Company has reached an understanding with Oman Development Bank to advance microfinance in the Sultanate of Oman.

A delegation from Oman Development Bank had come to Bahrain on a five-day visit, which served as an introductory and training opportunity for them at Ebda. The delegation gained a comprehensive understanding of the company's financing products, risk coverage guarantees, archival and documentation procedures, default indicators and collection mechanisms.