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.