Muscat, September 20th 2016 – Rewarding customers for saving, Oman Arab Bank (OAB) announced the 11 lucky winners of its Hassad Savings Scheme Draw for the month of August. Akbar Ali Hassan from the Samail branch became the latest winner of the monthly Regional Prize, walking away with OMR 40,000 while five lucky female account holders and five young savers each received OMR 1,500 and OMR 1,000 respectively.

Hanaa Al Hinai, Assistant General Manager, Head of Wealth Management, Bancassurance and Liabilities, said, “I would like to offer my congratulations to our 11 monthly winners. Hassad was designed to encourage a culture of saving and help our customers fulfill their aspirations. The response we have received has been massive as Hassad has successfully brought a unique and fun experience to our valued customers, rewarding dozens of lucky savers across Oman with over OMR 500,000 since the beginning of 2016.”

Customers who maintain a minimum balance of OMR 100 at the end of the month are eligible for the draw. OAB still has more than OMR 400,000 in cash up for grabs until the end of the year including the OMR 100,000 that has been earmarked exclusively for Elite customers in December. Additionally, upcoming draws also include special events celebrating Omani Women’s Day and the 46th National Day.