QDB launches guarantee programme to facilitate interest-free bank loans


Reuters | Doha | Updated: 06-04-2020 01:14 IST | Created: 05-04-2020 22:55 IST
QDB launches guarantee programme to facilitate interest-free bank loans
  • Country:
  • Qatar

Qatar Development Bank has launched a national programme to provide guarantees to local banks to grant interest-free loans to companies affected by the coronavirus outbreak, state news agency QNA said on Sunday.

The move came under the direction of Qatar's emir and in cooperation with ministry of finance, the central bank and all banks operating in the country, QNA added.

 

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback