Qatar's QDB extends loan guarantee program by three months, lifts ceiling - QNA
- Country:
- United Arab Emirates
Qatar Development Bank has extended by three months 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 Wednesday.
The cabinet decision also raised the ceiling of the guarantees to 5 billion Qatari riyals, from 3 billion. The National Guarantee Programme was launched in April. (Writing by Lisa Barrington; Editing by Jan Harvey)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Qatari
- Lisa Barrington
- COVID-19
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