Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring...
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![Page 1: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/1.jpg)
Oman Economic Forum“Small and Medium Enterprises: Creating Employment Opportunities
& Inspiring Innovation”
al-Wathbah SME Development at bank muscat
By: Ilham Al Hamaid AGM- SME Credit & Marketing & Regional Corporates 19th March 2014
![Page 2: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/2.jpg)
Content
![Page 3: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/3.jpg)
• SME is a driving force for economic growth and job creation
• SMEs drive & shape innovation, speed-up structural changes, introduce competition and contribute to the productivity.
• Country’s approach to support and develop SMEs
Why SMEs? Why SMEs?
![Page 4: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/4.jpg)
• SME at bank muscat since last 20 years
• Independent department headed by AGM
• 43 team members distributed between small, mid and regions
• ARMs across the country
• Specialized products and services
Al-Wathbah SME at bank muscatAl-Wathbah SME at bank muscat
![Page 5: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/5.jpg)
What do we offer SMEs? What do we offer SMEs?
Financial Services
SME Finance: Funded : Overdraft, Loan, Advance (Others), Bill
Discounting, Letter against Trust Receipt, etc Non-Funded: Letter of Credits & Guarantees Government Guarantee Program with Ministry of
Commerce & Industry Program Lending products
Non Financial Services
![Page 6: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/6.jpg)
![Page 7: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/7.jpg)
al-Wathbah SME Non Financial al-Wathbah SME Non Financial ServicesServices
Workshops for SMEs
Seminars at different colleges of the country
al Wathbah Business Zone
CEO Mentorship program - joint efforts with Public
Authority of SMEs & Ministry of Commerce & Industry
Tours for the best SME practices
Participation with government initiatives i.e. government guarantee program, exhibitions, sponsorships, etc.
![Page 8: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/8.jpg)
al-Wathbah Businesswomen’s al-Wathbah Businesswomen’s initiativesinitiatives
al Wathbah Businesswomen’s Forum: dedicated web page for business women to network and market their products / services.
Other initiatives: *Al Wathbah Ramadhan Souq *Networking events
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2014: 2014: Upcoming Initiatives/Way ForwardUpcoming Initiatives/Way Forward
al Wathbah SME Academy
al Wathbah Businesswomen’s Advisory Forum
al Wathbah SME TV
al Wathbah Business Women Annual Event / Award
al Wathbah SME Souq
Mentoring Entrepreneurs
al Wathbah Centers / Desks
Workshops & networking events across the country
![Page 10: Oman Economic Forum “Small and Medium Enterprises: Creating Employment Opportunities & Inspiring Innovation” al-Wathbah SME Development at bank muscat.](https://reader035.fdocuments.us/reader035/viewer/2022062718/56649e6c5503460f94b6bbf9/html5/thumbnails/10.jpg)
Thank You