National Response Guarantee Program

Following the outbreak of the Covid19 pandemic in 2020, Qatar kicked off the National Response Guarantee Program (NRGP) to support the private sector by providing companies with the necessary financial support while allocating, through Qatar Development Bank, 100% guarantees to local banks to the tune of 5 billion QR. The program is a guarantee scheme by the government of Qatar to help mitigate the pandemic’s repercussions on private firms and to finance their short-term payments such as staff payroll and rental fees.

 QDB is Introducing a New Amendment Offering

In line with its ongoing efforts to adapt the program to emerging challenges, ensure the financial sustainability of the private sector and reduce the credit burden on companies, QDB is introducing a new amendment offering beneficiaries the opportunity to transfer NRGP facilities from partner banks to QDB (outstanding Principal only). This will allow for flexible financing options (i.e., lower profit rate and affordable repayment terms), which will contribute to facilitating the repayment of existing facilities, improve companies’ cash flows and mitigate an increase in clients’ debt burden as a result of higher financing rates and short repayment terms.

New Terms and Conditions

  • The new NRGP amendment offers customers the option to transfer their outstanding facilities to QDB, setting new terms and conditions for the flexible repayment of financing as outlined in the main financing transfer agreement concluded between QDB and partner banks and upon the request of clients.
  • The new program allows existing NRGP customers to apply to transfer their facilities to the QDB portfolio, according to the outlined conditions, starting from October 10 and until February 8, 2024. All transferred credit facilities will be considered as new financing schemes with QDB, resulting in a new repayment period of up to 5 years, including a one-year grace period with a 1% p.a. profit rate.
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Frequently Asked Questions


The new credit facilities under the program will be considered as a new QDB financing scheme, with a repayment period of up to 5 years, including a one-year grace period, and with a profit rate starting at 1%, in accordance with QDB’s policies and conditions.
All existing NRGP clients that have indicated their intention to transfer their outstanding NRGP principal balances from partner banks to the QDB portfolio are eligible to undertake the necessary transfer steps between October 10 and until February 8, 2024. 
Clients may maintain their facilities with partner banks and opt out of the program for various reasons. Their related guarantee cover under NRGP shall remain valid under the same terms and conditions throughout the four-year NRGP guarantee period.
-In the case of a blocked company registration, clients should submit a document from the Ministry of Commerce and Industry explaining the nature or reason for the block. Clients may then seek exceptional internal approval similarly to accounts with a valid commercial registration. 
-In the event of an invalid company registration, the client with a personal guarantee (and is a signatory or applicant of the existing NRGP account) shall take over the facility as personal financing under the program. 
Partner banks must calculate and agree with the client on the total outstanding balance to close the account based on the outstanding principal amount on the date that the client has applied to transfer the facility to the QDB portfolio (Application date)
Partner banks and clients must agree on the settlement of all arrears (i.e., unpaid non-principal amounts such as profit and fees including late payment fees in the event of default) through a separate financing scheme, overdraft, or any other repayment scheme to collect the said amounts. 
Partner banks shall directly settle with clients all unrealized interest or profit amounts that may be due at the time of completion of the QDB facility transfer.
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