OAB Announces Winners of its June Hasaad Savings Draw

Muscat, August 25, 2020: Oman Arab Bank (OAB) has announced the names of 132 winners from its June monthly Hasaad Savings Scheme. This included 95 winners from the monthly branch draws of OMR 1,000 each, ten winners of OMR 100 from the Children’s Account draw, twenty OMR 100 winners from the Youth Account draw, five winners of OMR 500 from the Bank’s Salary Transfer draw, one winner of OMR 25,000 from the Big Prize draw at the Al Waqaibah branch and one winner of OMR 50,000 from the Elite Draw at the Al Rustaq branch.

Commenting on the results of the June draw, Rashad Al Shaikh, Acting Head of the Retail Banking Division at OAB said, “Following the announcement of the Hasaad winners for June, we have completed half of this highly successful scheme that was launched at the beginning of this year. However, we still have several incredible prizes for subsequent draws in the upcoming month. The June draw was very exciting since it included the Big Prize Draw, bringing the total value of cash prizes to OMR 175,500 for the month. The winners of these prizes are our customers who continue to maintain a savings culture, ensuring their financial stability for the future.”

The Hasaad scheme sees 95 lucky winners, with a minimum of one winner per month per branch, receiving a prize of OMR 500 and OMR 1,000 at the quarterly draws. In addition, ten winners are selected from the Children’s Account holders (aged 18 and below) and receive OMR 100 each. Twenty winners are selected from the Youth Account holders (aged between 18 and 27), each receiving a prize of OMR 100. There also two Elite winners of OMR 10,000 each per month.

The monthly Elite draw is replaced by a Grand Prize draw of OMR 50,000 for one lucky Elite customer, and occurs twice a year, in June and December. Oman Arab Bank also conducts a special ‘Big Prize’ draw of OMR 25,000 for one winner across its expansive branch network at the end of every quarter.

The Salary Transfer draw was introduced in 2020, which sees 5 winners per month receiving a prize of OMR 500 each, as well as a guaranteed gift to both children and youth (up to 27 years old) once a year. Oman Arab Bank is the only Bank providing a guaranteed gift to its youth customers.

“I would like to congratulate all the winners of the June draw and look forward to seeing more in the remaining draws for the year. Once again, I encourage all our valued customers to maximise their saving efforts and increase their chances of winning in the months to come,” Rashad added.

Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the bank operates a nationwide network of 55 branches and representative offices with 152 ATMs spread across Oman. OAB provides a complete range of financial products and services for personal banking, corporate banking and investment clients.