Muscat, January 13, 2019: In line with its objective of encouraging the habit of saving amongst its customers, Oman Arab Bank (OAB), has announced the launch of its new ‘Hasaad’ Savings Scheme for 2019. The new scheme has been designed to offer customers increased chances of winning across all the Bank’s branches, as part of the monthly branch draws. Others include monthly draws for Elite and new monthly draws for Youth and Children’s account holders, to encourage savings amongst the younger generation. In addition, the new savings scheme will also include to major quarterly prize draws.

Commenting on the new program and the children and youth-focused draws, Fahd Amjad, the General Manager of Retail Banking at OAB said, “With the Hasaad Savings Scheme we aim to encourage the habit of saving among our clients for a more secure and prosperous future. We have placed special emphasis on our Children’s and Youth account holders this year; with special draws conducted specifically for these accounts on a monthly basis. In addition, we have brought back our popular monthly Branch draws and Elite draws, as well as introduced a bonus special quarterly prize draw; providing everyone with an opportunity to win great cash prizes and be rewarded for their savings.”

Hasaad Savings Scheme in its current edition offers the Bank’s clients across all regions and branches a chance to win one of several valuable prizes on a monthly basis. These prizes come as part of the Bank’s monthly draws which will see 87 lucky winners, a minimum of one winner in each branch, of OMR 500 monthly and OMR 1,000 each every quarter; ten winners of OMR 100 each for Children’s account holders aged 18 and below; 20 winners of OMR 100 each for Youth account holders aged between 18 and 25; and two winners of OMR 10,000 each as part of the monthly Elite Draw. The latter Elite draw, however, will see its monthly draw replaced by a Grand Prize draw of OMR 100,000 for one lucky Elite customer in December. In addition to these monthly draws, the Bank will also be conducting a special ‘Big Prize’ draw of OMR 25,000 for one winner across its branch network at the end of every quarter.

Fahd Amjad added, “With well over 100 winners per month, 2019 will see amongst the largest number of winners ever for our Hasaad Savings Scheme; totalling 1,431 winners before the Scheme comes to an end with the December draw. With so many prizes lined up, 2019 is no doubt going to be a very exciting year for our customers. On behalf of the Bank, I would like to wish all of them the very best of luck in the upcoming draws.”

OAB customers can easily open a ‘Hasaad’ account with a minimum balance of OMR 100, in order to be eligible for most of the prize draws.

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 65 branches and representative offices and 152 ATMs spread across the Sultanate. OAB provides a complete range of financial products and services for personal banking, corporate and investment clients.

Muscat, January 10, 2019: Oman Arab Bank (OAB), in line with its objective to support the community and national sports initiatives and teams, has arranged for three buses to take over 150 fans to support the Omani National Team in the upcoming group stage matches in the UAE as part of the AFC Asian Cup. This initiative was launched in collaboration with the Oman Football Associations (OFA), through whom fans were required to book their spaces.

Commenting on the sponsorship, Hilal Al Siyabi, the Head of Corporate Communication at OAB said, “Football is a sport that is very near and dear to the hearts of the people of Oman. As a prominent bank in the country, we are honoured to be in a position to sponsor the transportation to take fans to support the National Football Team in their upcoming matches. Furthermore, doing so not only helps further promote the sport but also helps us engage with fans and the community on a more personal level.”

As part of its sponsorship, OAB has made arrangements for three buses to take over 150 fans for each of the three upcoming group stage matches that the National Team will be participating in as part of the AFC Asian Cup. All bookings were taken on a first come, first served basis through OFA. The first of three matches took place yesterday against Uzbekistan in the Al-Sharjah Stadium. The next trip will be In support of the National Team’s match against Japan on January 13 in the Zayed Sports City Stadium, Abu Dhabi. The last of the three group stage matches will be against Turkmenistan on January 17, taking place at the Mohammed bin Zayed Stadium, Abu Dhabi.

“Each of these teams is extremely talented but I am confident the Oman National Team has what it takes to come out on top. On behalf of OAB, I would like to wish each of the players the very best of luck in their upcoming matches,” added Hilal Al Siyabi.

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 65 branches and representative offices and 152 ATMs spread across the Sultanate. OAB provides a complete range of financial products and services for personal banking, corporate and investment clients.

Muscat, February 11, 2019: As part of its efforts to enable young Omanis to start their careers in the banking sector, Oman Arab Bank (OAB), in collaboration with the Ministry of Manpower, organised a series of job interviews for citizens at the OAB Head Office. The shortlisted interviewees will soon be joining the Bank’s team to fill vacancies within its branches in the Sharqiya Governorate.

Commenting on this, Adil Al Rahbi, Head of Human Resources Division at OAB said, “We organised these interviews in line with our commitment to provide young Omanis with local job opportunities, especially for those looking for such opportunities in Sharqiya. This in turn, also provides them with an invaluable opportunity to kick start their careers in the Banking sector in one of the finest financial institutions in the Sultanate.”

It is worth noting that several job interviews were conducted by members from the Human Resources and Retail Banking Divisions. Shortly thereafter a number of candidates were shortlisted to fill retail banking vacancies within the Bank’s branches in the Sharqiya Governorate. The new joiners are expected to begin working in the new positions with the next couple of days.

Al Rahbi added, “We were impressed with the level of skill, knowledge, and capabilities showcased by each of the candidates who applied for the positions. We are confident that those selected will be a quality addition to the OAB team in Sharqiya. We are honoured to welcome them into the OAB family. We would like also to extend our gratitude and appreciation to the employees in the Ministry of Manpower, who provided our team with support in the communication process as well as in scheduling interviews with the candidates. Their assistance has been invaluable in facilitating our mission and achieving the Bank’s objectives.”

Oman Arab Bank is proud to have achieved the highest Omanisation percentage within the banking sector, nearing 96%. It is also one of the first banks to be established in Oman with a rich and proud history. Today, the bank operates a nationwide network of 65 branches and representative offices and 152 ATMs spread across the Sultanate. OAB also provides a complete range of financial products and services for personal banking, corporate, and investment clients.

Oman Arab Bank excites SQU students about a potential career in banking by offering guidance, advice and a variety of internship and graduate trainee opportunities

Muscat, March 6, 2019: Oman Arab Bank (OAB) recently participated in the Career and Training Opportunities Fair at Sultan Qaboos University (SQU) this week. The fair opened under the auspices of Sayyid Saud bin Hilal al Busaidi, Minister of State and Governor of Muscat, at the SQU cultural centre. Hosted by the Centre for Career Guidance at SQU, 55 institutions took part in this year’s fair.

In an effort to nurture Omani talent with workplace skills and experience before they graduate, OAB set up a booth at the fair, which was held from March 4 to 6. Human Resources representatives from OAB shared insight on career development opportunities and training programmes at OAB that are aimed at students.

Adil Al Rahbi, Head of the Human Resources Division at OAB, remarked, “Developing young Omanis – the future leaders of tomorrow – is one of the core mandates at OAB. Our participation at SQU Career Fair 2019 aims to showcase the variety of career paths available to the youth, as well as our commitment to shaping the careers of our potential employees from their very first interaction with OAB. Our intention is to enable students to garner enough practical skills before they graduate, and to assist in their transition into employment, while appealing to their  curiosity and desire to be active members of the workforce.”

“Our booth at the careers fair was aimed at encouraging students to ask questions and learn about the banking sector and the stepping stones required to develop their careers beyond job applications. OAB has developed a number of key initiatives catered towards enhancing practical skills and talent development, such as The Innovation Hub by OAB, Leadership Enhancement and Development Programme (LEAD), and the graduate training programme,” Al Rahbi said.

OAB recently held the first edition of the Innovation Hub, which saw a team of students create a prototype showcasing an innovative banking solution within 24-hours. This year’s Innovation Hub included more than 150 students taking part in the Students Challenge, where prototypes were developed under the themes of ‘banking for millennials’, ‘superior customer experience’, ‘digital economy and payments’, as well as an additional open category.

OAB continues to host several other training initiatives to assist students preparing for numerous career trajectories in banking; such as the graduate training programme at the OAB training centre every year.

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 65 branches and representative offices and 150 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.

Muscat, February 19, 2019: Following the launch of its new savings scheme last month, Oman Arab Bank (OAB), has announced now announced the names of the first 119 Hasaad winners for the year 2019. These include 87 winners of the monthly branch draws of OMR 500 each, ten winners from the Bank’s Children’s account and 20 from the Bank’s Youth Holders of OMR 100 each, and two winners of the monthly Elite Draw of OMR 10,000 each.

Commenting on the new program and the children and youth-focused draws, Fahd Amjad, the General Manager of Retail Banking at OAB said, “This year marks the largest number of winners ever for our Hasaad Savings Scheme, totalling over 1,431 winners before the Scheme comes to an end with the December draw. This draw is our first of the year with 119 lucky winners. We will carry this momentum throughout the year with well over 100 winners every month, easily making this one of the most memorable years for our Hasaad customers.”

Hasaad Savings Scheme in its current edition offers the Bank’s clients across all regions and branches a chance to win one of several valuable prizes on a monthly basis. These prizes come as part of the Bank’s monthly draws which will see 87 lucky winners, a minimum of one winner in each branch, of OMR 500 monthly and OMR 1,000 each every quarter; ten winners of OMR 100 each for Children’s account holders aged 18 and below; 20 winners of OMR 100 each for Youth account holders aged between 18 and 25; and two winners of OMR 10,000 each as part of the monthly Elite Draw. The latter Elite draw, however, will see its monthly draw replaced by a Grand Prize draw of OMR 100,000 for one lucky Elite customer in December. In addition to these monthly draws, the Bank will also be conducting a special ‘Big Prize’ draw of OMR 25,000 for one winner across its branch network at the end of every quarter.

Fahd Amjad added, “On behalf of the management, I would like to congratulate the first 119 winners of the year. I would also like to encourage all our customers who didn’t win this month to continue saving to maximise their chances of winning in the upcoming draws.”

OAB customers can easily open a ‘Hasaad’ account with a minimum balance of OMR 100, in order to be eligible for most of the prize draws.

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 65 branches and representative offices and 152 ATMs spread across the Sultanate. OAB provides a complete range of financial products and services for personal banking, corporate and investment clients.