OMAN ARAB BANK INTRODUCES INNOVATIVE INSURANCE PRODUCTS FOR COMPLETE CUSTOMER PEACE OF MIND

Muscat, July 19th 2016 – Oman Arab Bank (OAB) has signed an agreement with the Sultanate’s most trusted insurance company, National Life & General Insurance company, to introduce six new Bancassurance products to OAB customers.

Speaking at the signing of the agreement, Fahd Amjad, General Manager Retail Banking at Oman Arab Bank said, “These new additions to the fast-growing Oman Arab Bank range of outstanding products and services have been expertly developed in collaboration with insurance experts at National Life Insurance. We are committed to the evolving needs and expectations of our valued customers, supporting their ambitions and plans, and building a relationship with them based on trust and reliability. Carefully tailored to provide optimal levels of cover and protection for every possibility, they provide complete reassurance for the policy-holder, allowing them to rest easy in the knowledge they will be well-taken care of in every eventuality.”

Transparent and affordable, the newcomers to the burgeoning Oman Arab Bank portfolio of leading customer-focused products and services are currently available at Oman Arab Bank branches in the Muscat and Batinah region and will expand all other regions across the sultanate in the next coming months.

Hanaa Al-Hinai, Assistant General Manager, Head of Wealth Management, and Liabilities & Bancassurance said, “Caring for our customer’s needs as well as protecting their homes, families and health is a priority for Oman Arab Bank. We have carefully designed six products that cater to our customer needs in terms of Motor, Home, Medical, Personal Accident, Travel and Critical insurance. Dedicated insurance specialist are available at selected branches across the sultanate and offer our customers professional expert advice to our customers regarding their protection needs.”

Ever since OAB was established in 1984, the Bank has been working diligently to serve its customers and over the last 32 years has introduced a wealth of ground-breaking products and services. Today, OAB operates over 65 branches across the Sultanate providing innovative Retail, Corporate, Project, Investment, Trade and, most recently, Islamic Banking solutions.