New branch prominently located at Nizwa Grand Mall and open from 9am to 5pm

Muscat, May 24, 2017: Oman Arab bank (OAB) has announced the official opening of its ‘new-look’ Nizwa branch at the Nizwa Grand Mall. With the opening of this new branch, OAB aims to deliver enhanced banking facilities, efficient and easily accessible services, as well as provide extended opening hours to its customers.

The official opening took place on May 24, under the auspices of Lt Gen Ahmed bin Harith Al Nabhani, Chief of Staff of The Sultan’s Armed Forces, and was attended by Hani M. Al Zubair, OAB board member, Amin Al Husseini, CEO of OAB; together with other members of the Bank’s executive managment.

Commenting on the opening of the branch, Amin Al Husseini noted, “At OAB we are proudly one of the country’s premier banking institutions, and we remain focused on growing closer to our customers. As such we are always on the lookout to offer increased convenience and better facilities to our customers across the country.  The opening of Nizwa Grand Mall aligns with this objective. Additionally, this is the first OAB branch that offers all services, from 9am to 5pm.”

The new Nizwa Grand Mall branch features an enhanced brand identity with refreshed look and feel; integral to OAB’s transformation strategy. The sleek, modern, and streamlined look is further augmented by a number of new features and systems introduced for the first time in the bank.  The branch has seen the introduction of a meet and greet facility with streamlined queuing system, video walls for bank news, private customer service spaces with multimedia screens for a more personal interaction, together with digital signature pads and ID Card readers within the advisory station design.

Aesthetically the new Nizwa branch takes its design inspiration from the concept of the ‘Omani Skyline’, wherein the white symbolises Omani architecture, browns denote the sand deserts, grey referencing the mountains, and the blue glass overhangs representing the sky.

Each new look branch has a separate ‘Elite’ reception, lounge and Elite Relationship Manager office to give premium customers an elegant and private experience that is memorable. The branch transformation combines elements of design, form and function and aims to elevate the customer experience leading to better service.

“Our new Nizwa branch not only helps us meet growing customer demand in that area but also reaffirms our commitment towards providing a range of fast and efficient banking solutions. This new branch location also offers the added advantage of an extremely convenient and easily accessible location that is already frequented by a large number of our customers in the area. We are in the process of transforming our entire branch network, and we look forward to opening a new look branch in Al Hail shortly.” concluded Fahd Amjad, GM of Retail Banking at OAB.

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 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.

New branch prominently located on Sultan Qaboos Street and open from 8:00 am to 2:00 pm

Muscat, May 31, 2017: Oman Arab bank (OAB) recently celebrated the official opening of its new Al Hail branch, prominently located on Sultan Qaboos Street. The opening of this new branch takes the total number of branches within the OAB network to 66 and marks the Banks first ever branch in the Al Hail area. Following in the footsteps of the recently launched Nizwa Branch, the ‘new look’ Al Hail branch follows a modern design philosophy,  and extends the banks reach by delivering an enhanced banking experience for its growing customer base in the Muscat region.

The official branch opening took place on May 25, under the auspices of His Highness Al Sayyid Marwan bin Turki Al Said, DG Research and Development Studies at the Supreme Council of Planning, and was attended by Mulham Al Jarf, OAB Board member, and Amin Al Husseini, CEO of OAB; together with other members of the Bank’s management and staff.

Commenting on the opening of the new branch, Amin Al Husseini noted, “Through our international expertise and local capability we at OAB continue to deliver class-leading products and services to our customers; whilst building our branch network to deliver greater access and convenience to our growing customer base. We remain confident, strong and are committed towards moving forward together with our customers. The opening of this, our 66th branch, is in line with this objective; offering customers in the area convenient and accessible banking solutions.”

Integral to OAB’s transformation strategy, the new Al Hail branch features an enhanced brand identity with a refreshed look and feel and modern environments. The design concept takes inspiration from the ‘Omani Skyline’, and uses a palette of four colours – white, brown, grey, and blue; wherein the white symbolises Omani architecture, browns denote the sand deserts, grey referencing the mountains, and the blue glass overhangs representing the sky.

The sleek, modern, and streamlined look is further augmented by a similar array of new customer friendly features and systems introduced for the first time in the Nizwa branch. These include the new advanced meet and greet facility with streamlined queuing, video walls for bank news, private advisory spaces with moving monitor screens for more personal interaction, together with digital signature pads and ID Card readers built within the advisory station area. Each of these advanced features has been designed to facilitate a more paperless operation within the branch environment.

The new Al Hail branch also features a separate ‘Elite’ reception area, two lounges and dedicated Elite Relationship Managers; ensuring premium customers can enjoy an elegant and private banking experience.

“A similar zonal structure to what was featured in the Nizwa branch has also been incorporated here; with each of the four zones colour coded and dedicated to a specific task – meet and greet, transactions, customer support, and Elite. This approach not only simplifies the structure and facilities of the branch for our customers, but also streamlines operations and improves efficiency. The new branch reaffirms our commitment towards providing customers with a fast, convenient, and trouble-free banking experience that is unique to OAB,” concluded Fahd Amjad, GM of Retail Banking at OAB.

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 66 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.

OMR 50,000 Hassad ‘Elite’ Draw winner announced at event

Muscat, June 7, 2017: Oman Arab Bank (OAB), in keeping with the spirit of the holy month of Ramadan, recently organised an exclusive Iftar celebration for its Elite Banking customers on June 5 at the Shangri-La’s Barr al Jissah Resort and Spa.

The event was held under the auspices of His Excellency Mohammad Al Zubair, Adviser for Economic Planning Affairs to His Majesty Sultan Qaboos bin Said. Welcoming guests was the OAB Chairman, members of the board and senior executives. The event also saw the attendance of over 250 OAB Elite account holders.

Commenting on the Iftar gathering, Amin Al Husseini, CEO of OAB said, “Ramadan is a time of solidarity and tradition, providing us with an ideal opportunity to gather with our most dedicated customers and share the spirit of togetherness in commemoration of the blessed month of Ramadan. We believe that these gatherings are a perfect platform to build on the strong relationships with our customers, as well as to share with them the joys, blessings, and goodwill of Ramadan.”

As part of the evening proceedings, OAB also conducted the special OMR 50,000 ‘Elite’ Draw of the Hassad Savings Scheme for the Month of June under the auspices of Her Highness Sayyida Aliya bint Thuwaini Al Said. The winner of the prize draw was an OAB Elite customer from the Al Khoud branch. The remainder of the Hassad Savings Scheme Draws for the month will be focused on the Bank’s branches in the Batinah region, will be conducted at a dedicated event to be held shortly in Sohar.

Congratulating the winner, Basil Al Lawati, Head of Elite Priority Banking said, “Our Elite Accounts are by far the most exclusive accounts available from the Bank; offering its members the broadest spectrum of products and services available within the Bank’s portfolio. As part of the benefits we have an exclusive draw of OMR 50,000 for the half yearly and year end draws, reserved for our ‘Elite’ customers as part of the Hassad Savings Scheme. Given the focus of this event, we felt it was the perfect opportunity to conduct our Elite Draw for half year. As such, on behalf of the Bank, I would like to offer our congratulations to our Hassad ‘Elite’ Draw winner.”

OAB’s Elite membership is reserved for exclusive customers, offering a best in class banking experience. All esteemed Elite customers enjoy unique banking services including dedicated relationship managers available at all times, premium service centres and lounges to conduct banking transactions privately, 24 hour call centre support, and free SMS and Internet Banking. In addition to the dedicated Hassad Elite Draw, Elite customers receive a number of other benefits including a free for life Elite Visa Infinite Credit card and Elite Debit card, preferential pricing on Deposits and Loans, special discounted tariffs for Bank Charges, unlimited complimentary lounge access for over 500 International Airports, complimentary chauffeur service, and a personalized concierge service. The Bank also offers its Elite customers a number of wealth management services including tailor made portfolios, subscription access to IPOs, financial planning services, and bancassurance options. The Bank currently operates three dedicated ‘Elite’ Lounges – one at its head office in Muscat and the other two in the newly opened Nizwa and Al Hail branches respectively.

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 66 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.

Muscat, July 9, 2017 – Oman Arab Bank (OAB) recently held its sixth monthly draw of this year’s ‘Hassad’ Savings Scheme live at the Avenues Mall in Muscat. The draw event was held under the auspices of Fatma Al-Nabhani, the famous Omani tennis player, and was attended by Amin Al Husseini, the Chief Executive Officer of the Bank, together with other senior members of the Bank’s Retail Department. Totaling 100 winners, the draw saw 25 winners receive OMR 500 together with 28 winners receiving OMR 1,000 and ten winners of the OMR 250 child account draws. The draw also saw one customers win Bumper Draw of OMR 25,000, as well as an Elite Draw winner of OMR 25,000. In addition, the Bank also held a special Eid draw where 35 winners received OMR 300 each.

Rashad Al Sheikh, DGM of Retail Banking at OAB said, “This year’s scheme focuses on rewarding customers through two kinds of monthly draws. The main draw alternating between each of our different regions of operation and the Nation each month as it offers greater opportunities for our customers to win. This month’s draw was focused on the nation as a whole with winners being selected from across each of our 57 branches across the country.”

The draw event, which was held at the Avenues Mall in Muscat, saw a number of fun activities being held for children including face painting, games, contests, and even dedicated drawing areas. There were also some special prize draws conducted for attendees of the event.

“On behalf of OAB, I would like to congratulate each of the 100 winners of our ‘Hassad’ savings scheme draw for the month of June. As well as wish all our customers the best of luck for the remaining draws which will continue until the end of 2017,” added Rashad.

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 a ‘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 OMR 25,000 monthly, and the upcoming year-end prize draw in December of OMR 50,000.

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 57 branches and 8 representative offices across and over 150 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.

Muscat, July 30, 2017:  As part of its commitment to community, Oman Arab Bank (OAB) organised an internal Staff Blood Donation Drive at its head office on July 17. The event was organised by the Social Committee of OAB in collaboration with the Ministry of Health and saw a good number of OAB employees volunteer to donate blood.

Commenting on the Blood Donation Drive, Hilal O. Al Siyabi, Head of CSR at OAB said, “At OAB we believe that we have a responsibility towards the local community, which has to be expressed through both our values and actions. This Blood Donation Drive is a clear reflection of this ideology; one that is aimed at raising awareness on the importance of blood donation, as well as providing an avenue through which our staff can donate; especially for those whose otherwise tight schedules would not allow them to participate.”

“Many do not realise the importance of blood donations and the fact that a single unit of blood donated can save multiple people’s lives. Furthermore, the need is constant for a healthy and reliable blood supply. As such, on behalf of OAB, I would like to thank each and every employee who donated blood on the day as well as the staff at the Ministry of Health and members of our Social Committee who helped in hosting such a successful event,” added Hilal.

OAB is engaged in various initiatives, such as this Blood donation drive, throughout the year; each of which is intended to enhance the social wellbeing of the community in which it operates. Some of these social projects involve direct support from its employees, through invaluable work done by the Social Committee at OAB.

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 57 branches and 8 representative offices across and over 150 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.