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The Qatar Development Bank (QDB) has extended the date of receiving applications for the National Guarantee Programme until June 15, 2021.
The QDB said it will continue to manage and supervise this programme by providing guarantees to local banks to grant loans to private sector companies affected by coronavirus (COVID-19), in cooperation with the Ministry of Finance, Qatar Central Bank and all banks operating in the country.
The programme aims at providing financing grants to cover salaries and rents for companies affected by the coronavirus pandemic in the private sector.
The QDB has issued a guide for this programme to cover the educational aspect of the pandemic response strategy. Through this programme and updates, the QDB aspires to continue its support to Qatari private sector and Qatari entrepreneurs in the best possible way, which will provide them with sufficient flexibility to achieve more growth, development and prosperity.
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21/12/2020
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