Oman Arab Bank Reveals Hasaad Savings Scheme for 2019

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.