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Taageer, a non-banking finance company operating in Oman, licensed by the Central Bank of Oman in 2000, underwrote its first lease in September 2001. Since then shown a steady and consistent growth in its asset base, income and profitability. The Company currently has a book size of USD 179 million as on September 2008.
Taageer caters to the ever increasing needs of the business segment / consumers thereby playing an active role in contributing to the socio-economic development of the Sultanate of Oman by offering the following products :
- Automotive finance.
- Plant & machinery.
- Heavy Equipment.
- Bridge loans.
- Construction loans.
- Working Capital Finance through Debt Factoring.
- Bill Discounting of receivables.
- Corporate Deposits.
Taageer also offers the following specialized financial products:
- “Al-Tayeb” Non-Conventional Finance..
- “Al Hal” Consumer Loans for financing of home appliances, furniture, computers and other electronic items.
- Heavy Equipment.
- "Al Sahal" Insurance.
Following off-balance sheet facilities are offered to customers through our Bankers:
- Performance Bonds .
- Payment Guarantees.
- Tender Bonds .
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