industry-specific trade associations or organizations in Oman offer guidance or support for debt collection within your sector.
Blog
September 25, 2023
September 25, 2023
Negotiation
Attempt to negotiate directly with the debtor. Sometimes, open communication and the willingness to work out a payment plan can lead to a resolution without the need for third-party services.
September 25, 2023
Legal Assistance
Consult with a local attorney or law firm experienced in commercial and debt collection matters. They can advise you on the legal procedures and options available for debt recovery in Oman.
January 2, 2018
Defaulters of financing the business sector
On behalf of the Bank, we conduct all acts related to the collection of debts of companies and businesses, through negotiation, amicable settlement, or judicial follow-up if necessary.
January 2, 2018
Defaulters of funding individuals
specialized service that collects the dues of banks and finance companies from their default customers, and it includes all forms of financing products.
January 2, 2018
Partners in the success
Debt collection is an essential task for businesses that need constant cash flow, in order to sustain the success of many industries. Many investors are fear of debt collection problems and the cost of follow-ups, which may sometimes exceed the value of the debt itself, creating a potential downward spiral that could lead to bankruptcy,