Muscat, August 09, 2018: Further reinforcing its commitment toward offering the customer experiences across the Sultanate, Oman Arab Bank (OAB) has announce the opening of its newly revamped flagship branch in Al Khuwair. The new customer-focused branch is located within the Al Khuwair Commercial district, and will deliver the highest levels of convenience and enhanced banking facilities to the Bank’s customers in Al Khuwair.

The branch opening took place on August 8, and was inaugurated by Rashad Al Musafir, Acting CEO of OAB and Amin Al Husseini, Advisor, together with other senior members of the Bank management and staff.

Commenting on the launch of the new branch, Rashad Al Musafir, Acting CEO of Oman Arab Bank noted, “This event marked the launch of the seventh transformed branch that we have opened so far. This new branch, as with the others we have launched before it, features our new design philosophy, with stunning hues and stylish modern design that is distinctly OAB. It also sports our very latest technological advancements and products, together with personalised levels of service, generous size, spacious layout, and a large parking area; features that all our new and revamped branches have come to be known for.”

As with the previous revamped branches, the new Al Khuwair Branch features OAB’s enhanced brand identity with a refreshed look and feel; identical to the two flagship branches opened last year by OAB, in Qurum and Barka respectively, and the one launched in Sur earlier this year. Aesthetically, its design inspiration has been taken from the ‘Omani Skyline’, wherein the white symbolises Omani architecture, browns denote the sand deserts, grey referencing the mountains, and the blue glass overhangs representing the sky.

The sleek, modern, and streamlined look is augmented by a number of features and systems introduced as part of the new transformed branches. This includes the introduction of a new meet and greet facility with a streamlined queuing system, private advisory spaces with moving monitors for more personal interaction, together with digital signature pads and ID card readers within the advisory station design. The main branch area has three tellers and seven customer care advisories with a seating capacity for 40 customers. It even has a dedicated Corporate Services area, together with a Corporate Lounge.

As with the other flagship branches we have launched so far, the Al Khuwair Branch also features a dedicated ‘Elite’ section with its own Majlis with a total seating capacity for 20 customers and four RM Offices. These features will provide the bank’s VIP customers with a one-of-a-kind elegant and private experience that remains memorable.

“This marks the second of a series of branches we plan on transforming and opening this year across the country. As one of our flagship branches, the new Al Khuwair branch combines some of the very best elements of our branch design, form, and function with the aim of elevating our customer service experience as a whole; taking us one step closer to our ultimate goal of being their bank of choice in the country,” added Al Musafir.

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 representative offices and 148 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.

Muscat, June 19, 2018: In celebration of the Holy Month of Ramadan as well as to reaffirm its commitment to its customers, Oman Arab Bank (OAB) recently hosted an Iftar gathering for its customers in the Muscat region. The event was held at the Grand Millennium Muscat on June 6.

The Iftar gathering event was attended by over 250 OAB customers from branches across the Muscat region. Representing OAB at the Iftar event were several regional and branch managers, as well as other members of the OAB management and staff based in the Muscat region.

Commenting on the iftar gathering, Ahmed Al Kharusi, Head of regional management and branch support said, “We consider our customers very much a valued extension of the OAB family; and as we mark the blessed days of this holy month, we wanted to take this opportunity to share the spirit of togetherness with them. The event also provided us with an avenue through which we could show our appreciation to them for their continued patronage; whilst at the same time reaffirm our commitment to understanding their needs and exceeding their expectations.”

“Furthermore, we have always been committed towards providing products that are specifically tailored to our customers. Gatherings such as these provide us with a vital opportunity interact with and understand their requirements better; further strengthening our relationships while also obtaining their valuable feedback on our existing products and services,” he added.

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 representative offices and 148 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.

Muscat, June 24, 2018: Oman Arab Bank (OAB) recently conducted its Hasaad draw event for the month of May, at its Al Kuwair branch. The draw saw 83 winners from across the Bank’s branch network receiving OMR 1,000 each, together with one winner of OMR 20,000 as part of the Monthly Elite Draw.

Commenting on the draw for May, Rashad Al Sheikh, Deputy General Manager of Retail Banking at OAB said, “We are now approaching the mid-way point of our Hassad Savings Scheme 2018, with the next draw in the month of June, marking our Half-Yearly draw. That being said, there are still hundreds of prizes left to be won, and I encourage all our customers to continue savings to maximise their chances of winning.”

Hasaad Savings Scheme in its current edition offers the Bank’s clients across all regions and branches a chance to win one of several valuable prizes on a monthly basis. These prizes come as part of the Bank’s monthly draws, alternating between OMR 1,000 and OMR 500 per winner every month, across all branches. Regional Prize Draws, which will see one winner of OMR 20,000, conducted once every two months over the course of the year. The Hasaad Savings Scheme will also include 12 dedicated prize draws for Elite account holders with one winner of OMR 50,000 every quarter and one winner of OMR 20,000 for every month in between.

“On behalf of OAB I would like to congratulate each of the winners of the May Hasaad Savings Scheme draw; as well as wish all of our customers the best of luck in the upcoming half-yearly draw next month,” added Rashad.

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 representative offices and 148 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.

Muscat, April 24, 2018: Oman Arab Bank (OAB) recently conducted its Hasaad draw event for the month of April, at its Sur branch. The draw saw 83 winners from across the Bank’s branch network received OMR 500 each, together with one winner of OMR 20,000 as part of the Monthly Elite Draw, and another of OMR 20,000 for the Regional Draw – Dakhliya.

The event was attended by members of staff and management from the Sur branch and the Bank’s VIP customers from the region.

Commenting on the draw for April, Rashad Al Sheikh, Deputy General Manager of Retail Banking at OAB said, “This month’s draw saw us conduct the second of six OMR 20,000 regional draws, covering our branches in the Dhakliya region. These draws take place every alternate month, with the next take place as part of the June draw, for the Batinah region. These regional draws are only one of three primary draw categories we have this year, with our monthly branch draws and elite draws being the other two.”

Hasaad Savings Scheme in its current edition offers the Bank’s clients across all regions and branches a chance to win one of several valuable prizes on a monthly basis. These prizes come as part of the Bank’s monthly draws, alternating between OMR 1,000 and OMR 500 per winner every month, across all branches. Regional Prize Draws, which will see one winner of OMR 20,000, conducted once every two months over the course of the year. The Hasaad Savings Scheme will also include 12 dedicated prize draws for Elite account holders with one winner of OMR 50,000 every quarter and one winner of OMR 20,000 for every month in between.

“On behalf of OAB I would like to congratulate each of the 85 winners of the April Hasaad Savings Scheme draw. There are still hundreds of prizes left to be won before the 2018 Scheme ends with the Year-end December draw. As such, I would also like to encourage all our customers to continue savings to maximise their chances of winning,” added Rashad.

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 representative offices and 148 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.

Muscat, May 21, 2018: Oman Arab Bank (OAB) recently celebrated the graduation of                Mrs. Asma Ali Ramadhan Al Zadjali, AGM and Head of the Credit Administration Division of the Bank, who recently completed a comprehensive 9-month National CEO Program (NCP), which began in September last year at the International Institute for Management Development (IMD) Switzerland.

Commenting on Asma’s graduation, who was the sole candidate from the banking sector, Rashad Ali Al Musafir, the Acting CEO of the Bank said, “We are all delighted for Asma on her successful graduation from one of the premier leadership programs in the Sultanate and we believe that she is now developed to take on more responsibilities at a larger scale. In addition, her growth will enhance the performance of her division and the bank at large.”

“On behalf of everyone at OAB, I would like to extend our warmest congratulations to Asma for her phenomenal achievement; this is very much in line with the Bank’s strategic vision of enhancing the skills and development of our national workforce preparing them to take on higher positions at the Bank in the future. We are proud to see her having completed all phases of the program successfully, which in turn emphasises her exceptional talent and drive for excellence in everything she does. In fact, Asma’s graduation is just as much a milestone achievement for her at a personal level as it is at a Bank level,” he added.

From her side, Asma al Zadjali stated, “This was a very important stage in my career. Acquiring market knowledge from other candidates of different market sectors, over the course of these past nine months, has been an exceptional experience. I am overly enthusiastic and eager to put into practice all that I have learnt, to make my current role here at OAB with a view to improve the division, my team, and the overall bank. I would also like to express my deepest gratitude to the Bank’s executive management members for their support and encouragement, consistently pushing me to succeed in this program.”

The graduation ceremony of the third cohort of NCP and first cohort of NLCP, totalling 70 graduates, was hosted by the IMD, the supervisor of the program, under the patronage of HH Sayyd Khalid bin Hilal Al Bubaidi, Minister of the Diwan of Royal Court. As part of the ceremony, HE Dr Ali Qassim Jawad, Studies and Research Advisor at the Court, gave a speech pointing out the great success of the program in providing candidates with valuable knowledge and essential skills and capabilities. He further added that this program was set up in such a way as to have a positive impact on institutions the participants’ worked for and on their staff; this in turn will boost competitiveness across various sectors within the Sultanate. His Excellency also congratulated all graduates on their induction into the Oman Business Forum, which was founded last year to promote the outstanding capabilities of Nationals that can make a difference in the future.

Holding a Master’s in Business Administration from the University of Strathclyde, a Chairperson of Strathclyde Oman Alumni, and a member of the professional women association establishment, Asma has over 19 years of experience working in large companies and banks. In her time at OAB, she has been instrumental in the centralisation of Retail, Corporate, and Islamic Finance Credit Administration; thereby ensuring asset quality and bringing in the necessary changes to establish better control and improving the turnaround times.

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 57 branches and 8 representative offices across and 152 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.