BBK signs loan facility with WJ Towell Group of Oman
The agreement between the two parties for these credit facilities was recently signed at a ceremony in the month of January at W J Towell’s Head Office in Muscat.
“We are very pleased to be providing significant credit facilities to W J Towell, one of the leading Omani business groups. They are a long-established and well-diversified group who have expanded as Oman has grown,” Abdulkarim Bucheery, BBK’s Chief Executive, said.
“BBK, as one of the leading banks in the region, are keen to play a major role in helping established regional businesses to develop and grow further. This deal further demonstrates our endeavour to become a leading regional bank and is another important step in the evolution of the Bank. BBK looks forward to similar future transactions across the GCC region.”
“BBK is a highly respected regional Bank and we are delighted to have reached agreement with them to secure competitively-priced credit facilities which will enable our group to continue on our path of business growth,” Hussain Jawad, Chairman, WJ Towell & Co LLC said.
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