Oman Arab Bank Launches “Friends of OAB” rewards programme with rewards up to OMR 1,000

Muscat, June 26, 2022: Oman Arab Bank (OAB) announced the launch of “Friends of OAB”, its new referral programme. Starting from today, OAB customers will be able to refer their friends and family by clicking on “Friends of OAB” on the OAB Online Banking app, a not-to-be-missed opportunity with rewards up to OMR 1,000 for successful referrals.

The more friends and family members a customer refers, the greater the rewards. OAB customers taking part in the referral programme will automatically receive OAB rewards points when their referral deposits OMR 1,000 and above in their new OAB account, and maintains that amount for at least one month. The reward amounts to 1% for every OMR 1,000 deposited (up to 10 referrals). It is simple to reap the rewards as an OAB customer could earn up to OMR 1,000 with only 10 referrals. Beneficiaries will be able to view details of their current and previous reward points and transaction details at any time, with ease, through the OAB Online App.

Commenting on the launch of the programme, Rashad Al Shaikh, Head of the Retail Banking Division at OAB, said, “We are always exploring new ways to reward our customers for their loyalty. The reward programme is not new to our customers. Following the success of the OAB rewards programme for credit cardholders, we decided to extend the rewards programme to “Friends of OAB”. Our latest programme enables customers to earn reward points when they refer their friends or family members to OAB through the OAB Online Banking app. These points can be redeemed for incredible benefits”.

Through the “Friends of OAB” programme, customers will be able to redeem their points to pay for their purchases using OAB POS machines at partner retailers. Additionally, customers can also benefit from a cashback option, which will be directly credited to their account, equal to the value of the points redeemed.

More information is available on the OAB website ( and via the OAB Online App.

OAB has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the OAB Group operates a nationwide network of 48 conventional branches and 145 conventional ATMs locations across the Sultanate. OAB provides a complete range of financial products and services through its OAB Online App. Customers can now digitally benefit from several other services, directly from the convenience of their mobile phones.