Muscat, July 14th 2016 – Rewarding its valued customers like never before, Oman Arab Bank (OAB) recently distributed 157,500 OMR to the 17 lucky winners of its Monthly, Elite and Eid Al Fitr Hassad Savings Scheme draws. Unveiled in January 2016 to encourage personal savings, the Bank has provided more than 72 customers with a total of 420,000 OMR cash prizes since the beginning of the year.

The heirs of S.S. Al Harthi were unveiled as the lucky winners of OAB’s prestigious Elite prize, winning a total of OMR 100,000. Meanwhile, Nasser Al Jabri from Al Amrat branch collected the OMR 40,000 Regional Prize for the month of June.

The rewards also extended to reach five female account holders and five young savers under the age of 18, who were each rewarded with OMR 1,500 and OMR 1,000 respectively. Additionally and as part of OAB’s Eid Al Fitr draw, five lucky accounts individually winning OMR 1,000.

Hana Al Hinai, Assistant General Manager, Head of Wealth Management, Bancassurance and Liabilities at OAB, expressed: “On behalf of OAB, I would like to congratulate our 17 winners. With Hassad, we continue to reward our loyal customers by giving them the opportunity to win big as an added benefit to saving for the future. Our customers have plenty to look forward to with an upcoming super draw offering two people the chance to win OMR 50,000 each and a mega prize of OMR 100,000 exclusively for Elite Priority Banking.”

Under the Hassad Savings program, all OAB Hassad Account Holders are automatically entered into prize draws by simply maintaining a balance of OMR 100 or more. In addition to its monthly cash prizes, the Bank has more bonus draws lined up for its customers with special prizes set to be distributed on Omani Women’s Day and the 46th Omani National Day.