Muscat, May 17, 2017: Oman Arab Bank (OAB), last Tuesday, was honoured by Dar Al Atta’a at a Gala Dinner hosted by the organization at the Al Bustan Palace – A Ritz Carlton Hotel. The event was held under the patronage of His Highness Sayyid Taimur bin As’ad bin Tariq Al Said. OAB was honoured at the ceremony in appreciation of its continuous support of the charitable organization and its various activities across the Sultanate.

The Bank was represented at the event by Amin Al Husseini, Chief Executive Officer of OAB, together with members of Bank’s senior management and a number of staff from the Marketing and Corporate Social Responsibility departments.

Commenting on the occasion, Hilal bin Omar Al Siyabi, Head of Corporate Social Responsibility Department at OAB said, “What Dar Al Atta’a has done over the past years and still doing is truly a noble act that deserves our full appreciation, support, and praise. Their activities and initiatives have influenced and left a mark in every single village of the Sultanate. As part of our commitment to our beloved country and its people, we consider it our responsibility to support these efforts and help them achieve their noble goals. Receiving this honour today is a testimony of the strength of our long standing relationship with Dar Al Att’a; one that I am confident will continue for many years to come.”

OAB aims to reflect its success in the banking sector on the corporate social responsibility front. In line with this objective, the Bank ensures its social work goes beyond just financial support and towards a more comprehensive framework that involves the Bank staff; encouraging them to voluntarily assist in each of the various social activities the Bank, or the organizations it supports, are involved in.

Dar Al Atta’a is a non-profit volunteer- based charity that was formed in 2002 and was formally registered as a Charity organisation in 2006 with the Ministry of Social Development. Dar Al Atta’a runs a number of programs and activities including Family Welfare, Education Care, Empowerment, Disaster Relief and other activities specific to Islamic values like Ramadan relief, Eid, and Zakat – among others.

Oman Arab Bank is one of the first banks to be established in Oman, with a rich and proud history. Today, the bank operates a nationwide network of 65 branches and offices and over 135 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking and corporate as well as its Islamic arm, Al Yusr.

Muscat, June 6^th, 2017: In conjunction with the holy month of Ramadan and as part of its social responsibility programme, Oman Arab Bank (OAB) has unveiled a new initiative; opening special fee-free savings accounts for orphaned children in need. This is being done in cooperation with the Ministry of Social Development and represented by the Childhood Care Centre. The community initiative aims to offer the Bank’s customers and those who wish to help orphaned children an easier channel through which they can provide their support.

Commenting on this occasion, Hilal O. Al Siyabi, Head of Corporate Social Responsibility Department at OAB said, “We at OAB believe that our role and contribution towards our community is just as important as the other roles we play at an economic level. The ‘Accounts for Orphan Children’ initiative aligns with our philosophy, and provides a channel where anyone in the community can help support orphaned children registered with the Ministry of Social Development and help enhance their lives. The fee-free savings accounts will help these orphaned children save the money they receive till they reach the legal age where they can manage their accounts by themselves. Furthermore, the money can also be used earlier if required to cover any of their expenses; but can be done only with the approval of the Ministry of Social Development.”

The Ministry of Social Development pays special attention to orphaned children; recognising their rights and needs as part of their effort to promote social integration and equality. It is within this framework that the Childhood Care Centre was established. This was done in cooperation with the private sector with the aim of efficiently developing and integrating orphaned children into the community, in recognition of their right to citizenship and development; as guaranteed by the Basic Law of the Sultanate of Oman.

“Through this initiative, not only will we more effectively support orphaned children, but we are providing an opportunity for everyone, especially OAB customers, to contribute in helping enhance their lives both presently and in the future,” added Hilal.

Oman Arab Bank is one of the first banks to be established in Oman, with a rich and proud history. Today, the bank operates a nationwide network of 65 branches and offices and over 135 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.