About

ABOUT CREDIT OMAN

Credit Oman SAOC was founded in 1991, under the name of Export Guarantee Financing Unit (EGFU). Since its inception, Credit Oman has played a pivotal role in facilitating domestic and export trade and contributing to Oman’s economic development. For over 30 years, Credit Oman has both shaped domestic trade, and catalyzed exports from the country to regional and international markets.

As the leading credit insurer of Oman, registered as an independent legal entity and fully owned by the government, Credit Oman is in a unique position to support the growth of Omani non-oil exports, to create a more developed, robust and diversified economy.

With a growing portfolio of clients, the range of products and services that cater to various stakeholder groups have expanded to include trade credit insurance products for small and medium sized enterprises (SMEs) and corporates and products for banks. Credit Oman is also backed by an A rated global reinsurance panel, with a solid international network.

“Facilitating global trade from Oman”

OUR VALUES

Credit Oman is governed by a set of core values that are shared across the organization. They include:

Value Creation

Committed to create and add value across the five core sectors that contribute to the diversified economic development of Oman.

Visionary Mindset

Dedicated to promote and fulfill the objectives outlined in Oman’s Vision 2040, to become a globally competitive country.

Innovative Leadership

Instilled with a forward-thinking mindset, understanding the needs of the future and enacting them through various actions, today.

Transparent Governance

Dedicated to honesty, integrity and accountability across all facets of the organization, to safeguard the interests of all stakeholders.

250 Omani companies grow their sales domestically and internationally LOCAL AND GLOBAL TRADE SUCCESS


Supporting over
115 markets globally LOCAL AND GLOBAL TRADE SUCCESS


Covering exports to
7,000 buyers in domestic and export trade Over LOCAL AND GLOBAL TRADE SUCCESS


'A' rated global reinsurance panel Credit Oman is backed by an STRATEGIC NETWORK


LOCAL AND GLOBAL TRADE SUCCESS


INSURED SALES

Over

OMR 2.2 B

Total Insured Sales

(Since inception)

  • Over OMR 1.9 B Total Export Insured Sales
  • Over OMR 300 M Total Domestic Insured Sales
Over

OMR 112 M

Total Insured

(In 2020)

  • Over OMR 82 M Total Export Sales Insured
  • Over OMR 30 M Total Domestic Sales Insured
Over

87

Active Policies
  • 50 Active Policies, insuring companies against Export Risks
  • 37 Active Policies, protecting clients from Domestic Trade Risks

PORTFOLIO DIVERSIFICATION (BY SECTOR)

OTHER SECTORS

  • Animal casing and skins
  • Automotive batteries, filters, radiators, and spare parts
  • Carpets
  • Computer software and stationery
  • Footwear
  • Furniture
  • Glass
  • Jewelry and precious stones
  • Leather products
  • Woven bags
  • Adhesive tapes & printed materials

MEMBERS OF