Muscat, March 20, 2017 – Oman Arab Bank (OAB), as part of its continued efforts to promote the habit of saving, recently held its second monthly draw of this year’s ‘Hassad’ Savings Scheme at the Head Office in the presence of Amin AlHusseini, the CEO of OAB. The draw saw 25 winners receive OMR 500 together with 28 winners OMR 1,000 and ten winners of the OMR 250 child account draws spread across the nation. The draw also saw two customers win the bumper prize and ‘elite’ prize respectively of OMR 25,000 each.

Taking home the top prizes for the month of February, were  H Al Hattali, from the Bank’s Al Mabelah branch, who was the winner of the bumper prize of OMR 25,000 while A Al Kindi from Ruwi branch took home the ‘Elite’ prize of the same value.

Fahd Amjad, GM-Retail Banking at OAB said, “With our Hassad Savings Scheme this year we wanted to offer our customers the highest possible chances to win; in turn providing them with a greater incentive to save. In order to do so we had designed this year’s scheme to reward 100 winners per month. The draw for the month of February has already seen 65 winners being named, with the remaining 35 winner’s names to be announced as part of our upcoming special Omani Teachers Day Draw.”

Launched earlier in the year, the new Hassad savings scheme ensures customers from every region and branch have an equal opportunity to win, with OAB conducting prize draws every month alternating between regions and nationwide draws. Each of the draw will ensure a minimum of two winners of OMR 1,000 per branch in that respective region, together with multiple winners of OMR 500 across all branches and one Bumper draw of OMR 25,000 per month. OAB customers need only open an ‘Hassad’ account with a minimum balance of OMR 100, in order to be eligible for these prize draws. The Bank will also be conducting region and nationwide draws for children’s accounts with 10 winners of OMR 250 per month.

Oman Arab Bank’s banking proposition ‘Elite’ for High Net worth customers will also benefit from the revised Hassad scheme. Elite customers will now be participating in a dedicated monthly draws with a prize pot of RO 25,000 monthly, together with a half-year and year end prize draw of RO 50,000 in June and December.

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 56 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.