Bank muscat SAOG : Corporate Internet Banking helps MSMEs transact easily and securely

​MUSCAT, 7 December 2021
In line with its customer centric vision "To serve you better, everyday" and commitment to excellence in providing banking and financial services to all its customers, Bank Muscat the leading financial services provider in the Sultanate continues to keenly support Micro, Small and Medium-sized Enterprises (MSMEs) through its Retail Enterprises (Najahi) unit. The collateral-free financing offered by Najahi and its online banking facilities have been supporting small businesses in growing their business. Over the years, Bank Muscat has been working steadily to further improve its portfolio of services and solutions as well as enhance the ease of banking through all customer touchpoints. The immense benefits of the current digital shift include increased efficiency, cost reduction, accountability, speed and scalability. In particular, digitalization is helping speed up transactions, optimize employee efficiency, minimize data-entry related risks in payment processes and improve security.

Bank Muscat's Corporate Internet Banking services provide a fast, convenient and secure banking experience for MSMEs control their finances 24x7. Available in both Arabic and English language options (click here), the Corporate Online Banking platform can be used by Najahi customers for real-time banking, fund transfers to local or foreign accounts, bill payments and bulk payments to vendors. It also facilitates salary payments for employees under the Wages Protection System (WPS). Najahi Current Account holders can also open FD accounts and request for cheque books. They can block their Najahi Card in case it is lost or stolen. Security is ensured by a physical token and secure mailbox. It must be noted that the bank's online banking platform features the latest technologies and world-class security features.

Bank Muscat's Najahi has been playing a pioneering role in supporting micro and small businesses in Oman through a number of collateral-free credit facilities. The Najahi suite of products include the value-added Najahi Current Account, Najahi Flexi Loan to support working capital, business expansion and other business needs; the Najahi Business Credit Card; and Najahi PoS Receivables financing for customers who use PoS machines for sales. It also offers non-financial support to Omani entrepreneurs through a number of innovative initiatives like free digital marketing certification programmes, consultation and seminars to share entrepreneurial success stories and learning.

For more information on Najahi, please visit the nearest branch, call 24790000 or go to our page.