MUSCAT, 9 October 2011 – Excitement gripped BankMuscat head office which reverberated with celebrations surrounding al Mazyona RO 200,000 quarterly prize draw and launch of RO 400,000 jackpot prize campaign on Thursday. Oman’s popular al Mazyona savings scheme turned out to be a grand celebration for Abdulrahman Hilal Nasser al Rasbi from Al Kamil branch who won the mega RO 200,000 prize. Zubaida Al Raisi, previous winner of RO 200,000 from Muscat branch, picked the lucky winner.

Al Rasbi, an employee of the Ministry of Manpower, commented on the experience: “I am delighted to win this big prize from BankMuscat. I am very happy with the banking facilities and the helpful and courteous approach by the staff.”

Al Rasbi is familiar with the BankMuscat products and services. Personally, he recommends BankMuscat to friends and relatives because of the many value-added services provided by the Bank. Asked what he intended to do with the prize money, Al Rasbi said he would donate a part to establish a Quran learning centre and a community centre and reinvest the remaining amount in the bank.

Said Al Badai, AGM – Branches, said: “We congratulate Al Rasbi for winning the mega quarterly prize. He represents the experienced generation aware of the responsibilities to maintain prudent savings habits. Customers banking with BankMuscat in all parts of the country are rewarded with attractive prizes and personalised services.”

The large turn-out of crowd, including children, citizens and residents, witnessed the life-changing al Mazyona experience affirming the Bank's vision and constant efforts to fulfill the aspirations and ambitions of the largest banking family in Oman. The 3-hour celebrations included cultural and entertainment programmes, including music, drama, magic and cartoon show for children and family. Members of Oman Riders Club thrilled the crowd with a display of their heavy duty motorbikes. Over 40 exciting prizes were given away to participants of al Mazyona celebrations.

al Mazyona, reckoned the savings scheme of the nation, offers one of the biggest prize money in the savings scheme history in Oman. The flexible scheme makes regular saving easier and is available at the largest network of 130 branches across Oman.

For 20 years, al Mazyona has made dreams of innumerable customers come true and the prize money is an incredible incentive aimed at offering a life-changing experience. The objective of al Mazyona is to create a lifetime change for winners and allow them to invest their prize money in things that will make a lasting difference and the well-being of their families.

Celebrating 20 years of fulfilling dreams, al Mazyona was launched this year with a never-before offer guaranteeing bigger and better winning chances for customers across the Sultanate. The scheme offers attractive weekly, monthly, quarterly and bi-annual grand prizes on the generous theme of 20 and its multiples thereof.

A notable attraction this year is that the winning chances get multiplied by the number of years customers are associated with al Mazyona savings scheme. For example, a customer who has been saving with al Mazyona for one year will get one additional bonus chance while a customer who has been saving for 5 years will get additional 5 bonus chances. Those who have been saving for 20 years will get additional 20 bonus chances. The new scheme guarantees a life-changing experience and a never-before opportunity to reap immense benefits. This is the first savings scheme in the Sultanate to reward loyalty for customers depending on the duration of relationship.

In order to maintain the tradition of providing complete transparency of the scheme and good governance, the prize draws and general purpose controls surrounding the draw are fully tested and certified by Ernst & Young, who were present at the draw event.

Winning with al Mazyona has never been simpler as customers are not required to block their money for long and no average balance is also required, which makes the savings scheme sensible. The weekly prizes include RO 2000 each for two guaranteed winners from all the Sultanate’s regions. Customers are required to maintain RO 100 minimum balance for the 12 weekly prizes of RO 2000 each.

The monthly prize is an exciting RO 20,000 each for two winners. For eligibility, customers are required to maintain RO 1,000 minimum balance for one month. Thus, for RO 1000 balance, customers get 10 chances as each RO 100 balance provides 1 chance. The more the balance, more are the winning chances.

The climax of al Mazyona is the grand prize of RO 400,000 every six months. The next winner will be picked after December-end. For eligibility, customers are required to maintain RO 1,000 minimum balance for three months.