OAB celebrates back to school with children

Muscat: To celebrate the joy of returning to school with children, Oman Arab Bank (OAB) organized various activities in both City Centre Muscat and ,Mall of Oman which included many interesting educational activities, competitions, and offering valuable gifts and prizes, including competitions, gifts, and raffles for valuable prizes, including Samsung tablets, to encourage young students to be interested in studying and academic achievement.

Khalid Al Amri, Chief of Retail Banking Officer at OAB, said: “We are pleased at OAB to share the joy of the new academic year with the children and their parents, as it will be full of exciting educational experiences for the students. OAB has enhanced these experiences with a program full of events that develop knowledge and encourage the spirit of competition and innovation. We also ensured that the events provide the opportunity to educate children financially and introduce children’s saving accounts at OAB to their parents.”

OAB provides many advantages for children’s accounts, including the ability for customers to easily open an account for their children through the bank’s application or online banking platforms without needing to visit its branches.

The children’s savings account offers many advantages, such as account monitoring via mobile application, a free direct debit card, easy and secure transfer between accounts, interest of up to 2.25% p.a. , the highest return among banks in the Sultanate of Oman, life insurance of up to OMR 50,000, gifts on the child’s birthday, and discounts in many stores.

The account also provides flexibility in managing the savings by setting the monthly savings amount and modifying monthly deposits at any time without any fees, with a convenient savings plan by sending monthly deduction instructions for free once the account is opened, which will automatically deduct the amounts every month and transfer them to the child’s account over the plan.

Through these services and benefits, the bank continues to provide the best services to its customers, encourage and develop a culture of saving among children and members of society, and help them plan for their children’s future early.