MUSCAT, 19 October 2015 – Bank Muscat, the flagship financial services provider in the Sultanate, as part of its 'Let's Do More' vision and commitment to partnership in responsible banking, has launched a first-of-its-kind initiative to support charitable organisations in the Sultanate. Bringing together the bank's women customers, the 'Zeinah Cares' initiative blends banking convenience with community service towards charity in a seamless fashion.
Customers holding a Zeinah Savings account is offered a facility wherein the Baizas available in their account balance at the end of the month will automatically get transferred and donated towards charity. This facility is voluntary and optional for Zeinah customers. The accumulated amount from all the Zeinah customers will be transferred to Zeinah charity account and donated to registered charity organisations for women related activities.
To maintain transparency, details of the donation will be announced every month on social media by the beneficiary charity organisation. Women customers opening a new Zeinah account can fill the 'Zeinah Cares' form and submit it at the time of opening the account. Existing Zeinah customers can provide their consent to participate in this initiative by filling the 'Zeinah Cares' form available at all branches.
Coinciding with the Omani Women's Day, the bank re-launched Zeinah debit and credit cards featuring attractive designs incorporating Omani theme. The new chip and PIN cards reiterate the bank's commitment to offering exclusive products and services for women.
Tariq Atiq, AGM – Cards & eBanking, said: “In appreciation of the women customer segment, Bank Muscat is proud to re-launch the exclusive Zeinah debit and credit cards. Time and again, Bank Muscat takes the lead in enhancing banking service for customers. Bank Muscat cards, which spell convenience and security, is the preferred mode of payment in Oman. The wide range of Bank Muscat cards provide a secure payment option for a range of day-to-day transactions at shopping malls, restaurants or holiday abroad. Embedded with an electronic chip, the cards ensure maximum protection and peace of mind."
The Zeinah suite of products and services is based on the premise that women prefer to use special banking services that preserve their privacy. Catering to the unique needs, Zeinah offers privacy and a relaxed atmosphere for women at Bank Muscat branches. The unique products available for women include Zeinah auto finance offering low interest rate starting at 3.5% pa on a reducing basis (or 1.91% on flat basis) and a health & beauty finance scheme with exclusive discounts on premium health and beauty services.
Aimed at providing a distinct banking experience, Bank Muscat offers exclusive rewards and prize money for women in al Mazyona Savings Scheme. Targeted at Zeinah women customers maintaining a minimum balance of RO 100, al Mazyona offers three exclusive weekly prizes of RO 1000 each.