OAB partners with Shukran Introduces New Feature to Convert OAB Rewards Points into Shukrans

Muscat, 09 November, 2020: Oman Arab Bank recently announced the signing of an agreement with the Landmark Group in Oman, which allows its customers to convert their OAB Rewards points into Shukrans. Customers who pay using their credit cards will be able to redeem these points for Shukrans and shop from a wide range popular, homegrown Landmark Group brands, including Centrepoint, Home Centre, Max, Shoexpress, Emax and more.

Commenting on this new signing, Rashad Al Shaikh, Acting Head of the Retail Banking Division at OAB said, “At OAB, we always strive to provide more value-added services to customers by establishing key partnerships with renowned brands. In line with this commitment, we entered into an agreement with the Landmark Group, which represents several diverse range of brands in the Sultanate. Our customers can now convert their points received from our OAB Rewards programme into Shukrans, allowing them to receive incredible discounts and shop more.”

To convert OAB Rewards points, customers can simply visit http://www.oabrewards.com/ or log onto the OAB Rewards App and submit a Shukran conversion request. A notification will be sent to confirm the process completion, after which they can redeem Shukrans against purchases at Landmark Retail brand stores.

“We chose ‘Shukran’ as it is one of the most popular retail loyalty programmes in the Sultanate and it benefits our customers by allowing them to use their well-earned points at a majority of retail stores across the country. We are confident that our credit card customers will appreciate this new feature, which offers them more retail store options to spend their points on.,” Rashad added.

Saikat Mishra, Country Head, Landmark Group, Oman, said, “We are extremely pleased to partner with Oman Arab Bank, and expanding our offerings to more people in this region. With a variety of value driven brands under our Group’s portfolio, we are certain that this partnership will further strengthen our commitment of offering endless possibilities. With Shukran, our aim is always to deliver personalized experiences by providing people the option to choose from a diverse category of brands and establish a lasting connect with them.”

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 over 160 ATMs spread across Oman. OAB provides a complete range of financial products and services for personal banking and corporate banking.