OMAN ARAB BANK UNVEILS NEXT GENERATION ATM BANKING EXPERIENCE

Muscat, November 2nd 2016 – Continuing to lead the Sultanate in the use of banking technology and presenting a new level of convenience for its customers, Oman Arab Bank (OAB) has introduced APTRA™ Activate, the world’s most advanced self-service software, to its nationwide network of ATMs. The first bank in Oman and the third GCC bank to use this cutting-edge solution, OAB Bank takes pride in meeting the needs of its customers in the best and most innovative ways possible.

With attractive easy to use touch screen animation, a variety of hi-speed and highly secure OAB ATM services are now possible thanks to APTRA™ Activate. These include making local and international transfers as well as credit card payments; paying utility, mobile and internet bills; requesting instant e-statements and balances on accounts, loans and credit cards; and updating mobile contact numbers.

“One of the Sultanate’s most popular methods of day-to-day banking, OAB ATMs serves customers 24 hours a day, seven days a week and as such are a pivotal part of how our customers manage their personal financial transactions. Equipped with this state-of-the-art programme, our ATMs now not only accommodate the broadest possible range of services but also reflect the exemplary standards the bank endeavors to deliver in its comprehensive branch network spread across the country,” noted Fahd Amjad, GM of Retail Banking.

Jamil Abdulqader Al Zadjali, OAB AGM – Head of Digital Banking added, “With a focus at all times on providing the most convenient, safe, and reliable services, OAB has always fully embraced the use of technology. As a result, we offer straightforward and consistent interactions across online, mobile, ATMs, and branches in a seamless multi-channel approach, responsive to our customers’ changing needs, expectations, and preferences. And by implementing this game changing software we are proud to have placed our valued customers once again at the forefront of banking innovation.”

A pioneer of technology in Oman’s burgeoning banking sector, OAB has harnessed its rich possibilities to implement financial solutions that complement today’s modern lifestyle, and create the best possible experience for customers as they connect, interact and transact.

OMAN ARAB BANK’S CEO INSPIRES HIGH-POTENTIAL EMPLOYEES TO SUCCEED DURING LEAD PROGRAM

Muscat, 2nd November 2016 – 20 participants undergoing the second module of Oman Arab Bank’s (OAB) ‘Leadership Enhancement and Development’ (LEAD) program welcomed a visit from Amin Al Husseini, CEO of OAB. The second part of the unique six-month multi-modular training initiative, which was launched to cultivate the skillsets of the bank’s high-potential Omani employees, aims to enhance the situational leadership, decision-making, and motivational skills of its participants to prepare them for future management roles at OAB.

Since its launch, the program has delivered multiple capacity-building trainings, giving young and talented Omanis working with OAB the chance to enrich their leadership and management skills and position themselves as catalysts in the market. The first part of the program focused on building self-awareness and challenged participants to develop different leadership styles, roles, self-management, and practical coaching techniques.

Al Husseini, who spoke with the trainees during his visit said, “LEAD was inspired by our goal to nurture our Omani workforce and provide them with a fantastic opportunity to grow within the Bank. This is a strategic investment that represents the epitome of our talent acquisition and development strategy to accelerate the professional growth of our future leaders. By granting our team members the tools, instructors and training they require to reach their full potential, we are securing our talent pool and ensuring that they can manage whatever opportunities and challenges come their way.”

LEAD was designed and is being facilitated by Inspirational Development Group (IDG), a global leadership and management performance consultancy. The program consists of four modules organized over a six-month period, with each module covering important skills related to leadership ability. Future modules will include a workshop dedicated to socialization, performance management skills training, advice from senior leaders, and personal development strategic mapping among other topics and themes. The highest performing delegates will then be taken to the Royal Military Academy Sandhurst as the culmination of the IDG program.

16 LUCKY CUSTOMERS WIN BIG WITH OMAN ARAB BANK’S HASSAD SAVINGS SCHEME

Muscat, 16 November 2016 – As part of its continued efforts to reward customers for saving, Oman Arab Bank (OAB) distributed OMR 60,000 to the 16 lucky winners of its Monthly and Omani Women’s Day Hassad Savings Scheme Draws. Launched in January 2016 to encourage a culture of saving, the Bank has since rewarded 121 people with more than OMR 600,000 in cash prizes.

For October’s Monthly Draw, K.M.A. Al Mashani from the Governorate of Dhofar scooped the OMR 40,000 Regional prize. Five female account holders and five young savers also received OMR 1,500 and OMR 1,000 respectively.

Hanaa Al Hinai, Assistant General Manager, Head of Wealth Management, Bancassurance and Liabilities at OAB, said, “Hassad was developed based on the desire to reward our customers and provide them with an incentive to save so that they can enjoy more financially secure lifestyles. As a result, more than 100 people across the Sultanate have had their dreams fulfilled. The feedback we have received from customers has been exceptional and we look forward to rewarding many other lucky winners in the near future.”

“Every year, as a token of our appreciation, OAB holds draws to commemorate occasions such as Omani Women’s Day. This year, in celebration of the growing role of women in the Sultanate, Rahma Marzouq, Ahlam Zayid, Khazina Ali, Haouria Bilal, and Walaa Khair were awarded OMR 1,500 each through our lucky draw.”

With Hassad’s Savings Scheme, all OAB customers with a minimum balance of OMR 100 at the end of the month are automatically entered into the draw. With the year coming to a close, OAB has lined up a number of exciting opportunities for customers to win big, with more than OMR 300,000 in cash prizes still up for grabs. Alongside two more monthly draws, the Bank will celebrate the 46th National Day with a special draw, in addition to its second Elite Draw in December, and a super draw at the end of the year where two customers will be chosen to win OMR 100,000.

OMAN ARAB BANK CELEBRATES 46 YEARS OF NATIONAL PROGRESS AND PROSPERITY

Muscat, 19th November 2016: Joining the nation in celebrating Oman’s 46th National Day, Oman Arab Bank held a special event at its Ghubrah Head Office to honor His Majesty Sultan Qaboos bin Said for his remarkable vision for the country. The event was steered by the Deputy CEO of Oman Arab Bank, Rashad Al Musafir and was attended by members of the senior management and staff members.

Speaking at the event, Rashad Al Musafir said, “We at OAB congratulate His Majesty and the people of Oman on this momentous milestone. The exemplary leadership showcased by His Majesty has always reflected in Oman’s strong economic position, both regionally and globally. A leader well known for his love and commitment towards the well-being of his people, His Majesty has always encouraged growth and development amongst national talent and worked towards strengthening Oman’s core sectors.”

He added, “Oman boasts a strong and expanding banking and finance sector and with a robust legacy of trust built over three decades, OAB is proud to contribute to the national development and progress of the country. Keeping in line with His Majesty’s dedication to the people of Oman, we are always encouraging and fostering national talent by providing our employees with all the tools and skills they need to become leaders in the field of banking and finance.”

Brightly decorated in the national colors of red, green and white, the office festivities included students performing poetry about their love for the Nation and its achievements.

Established in 1984 following the acquisition of Arab Bank’s branches in the Sultanate, OAB today operates more than 65 branches and offices, and over 135 ATMs in high footfall locations across the Sultanate that are supported by Arab Bank’s 600 branches spanning five continents. With its growing portfolio of services and banking solutions, OAB has strongly engaged with the local, regional and international community to promote the Sultanate as an economic trade and investment powerhouse.