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BankMuscat’s Commitment… Empowering Dreams
Muscat, 09 July 2007: For the past few
weeks BankMuscat’s 25th anniversary customer
convoy has been touring Oman’s countryside and
touching the hearts of people. The convoy, which
was flagged off by H.E. Hamoud Sangour Al
Zadjali, Executive President, Central Bank of
Oman, Sheikh AbdulMalik bin Abdullah Al Khalili,
Chairman, BankMuscat and other senior
dignitaries of the Bank in April this year, has
now reached the middle of its journey having
traversed the regions of Batinah, Dhahirah,
Dhakliya & Sharqiya.
When asked about the vision behind the customer
convoy, Sulaiman Al Harthy, DGM Consumer
Banking, BankMuscat, said:
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“To celebrate our 25th year we
decided to do something special:
touch the minds and hearts of as
many people as possible nationwide.
And what better way to do this than
to go to the people ourselves. After
all, we would like to believe that
we are the people’s bank. Our aim is
to help people help realize their
dream.” |
One of the
ways in which the bank is trying to touch
people, is to share with them details of their
popular al Mazyona savings scheme, baituna home
loans and current credit card offerings and how
they may benefit from the same.
Speaking on the Bank’s flagship consumer
product, Mr Sulaiman said:
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“Al Mazyona is our flagship consumer
banking product, and is without a
doubt, the leading savings deposit
product in the country today. Over
the past 15 years, Al Mazyona has
touched and changed over 1 million
lives allowing them to purchase
homes, provide for education, start
a business of their own or save for
a rainy day. This, as the nation’s
leading bank, is an integral part of
our efforts to give back to society
and to inculcate the savings habit
amongst people nationwide.” |

To ensure
people get to experience a taste of the
excitement around the draws, the BankMuscat team
manning the customer convoy have so far held al
Mazyona draws at Barka Souq, Nizwa Souq and
Sinaw Souq. The draws, which were conducted by
the Wali and representatives from the Majlis
A’Shura council, attracted a lot of interest
from people across the regions. The convoy is
now proceeding to Dhofar, where it shall remain
for the entire duration of the Khareef festival.
The al Mazyona draw is the first prize draw in
Oman to be independently audited by global
consulting firm, Ernst & Young. It promises
account holders a number of unique benefits:
account holders who maintain a minimum weekly
balance of RO 100 get a chance to win one of the
weekly prizes of RO 1000; account holders who
maintain a monthly minimum balance of RO 3000,
get a chance to win RO 20,000 every month; and
all account holders who have maintained minimum
monthly balance of RO 3000 for the past 6 months
get a chance to win RO 100,000 every alternate
month as a recognition for their loyalty to the
Bank. Additionally all account holders who
maintain a monthly minimum balance of RO 3000
get a free personal accident insurance cover up
to RO 10,000 as a measure of protection by the
Bank.
Along its eventful journey the customer convoy
has also shared details of the Bank’s Home
Finance solutions branded under the baituna
banner. BankMuscat’s baituna suite of products,
which were launched at the beginning of last
year comprises of baituna Classic Home Finance,
baituna Gold Home Finance and baituna Plus Home
Finance. The baituna suite of products are
available for purchase & construction of homes
for first-time buyers; purchases of second homes
or retirement homes; and also for purchase of
land for residential use at selected locations.
Financing is offered primarily to Omani
nationals, though the suite of products also
provides financing options for GCC nationals and
expatriates who wish to seek housing finance for
properties in the Sultanate. The Bank also
provides refinancing options to customers with
existing housing loans from other organizations.
Additionally, the Bank’s customer convoy
personnel have also been sharing details of
BankMuscat’s 25th Anniversary refer and win
promotion to people nationwide, wherein
customers have the unique opportunity of winning
two Lexus cars as a result of their either
availing of a series of products – including al
Mazyona and baituna – during the campaign period
or referring any of their friends to avail of
the same. The promotion has naturally drawn a
lot of attention with many customers availing of
the Bank’s newly launched Hayatuna Family
Protection plan or applying for a new credit
card, which also makes them eligible to enter
the draw.
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