MUSCAT, 17 March 2019
Bank Muscat, the flagship financial services provider in the Sultanate, in step with its vision ‘To serve you better, everyday’ and commitment to partnership in encouraging a savings culture in Oman, hosted Premier banking customers at Al Hilla Castle in the wilayat of Buraimi and celebrated al Mazyona monthly draw in which 10 asalah Priority banking customers were rewarded with RO 20,000 each and 10 al Jawhar Privilege banking customers won RO 10,000 each. Targeting customers in the region, al Mazyona also rewarded 15 winners who received RO 1,000 each. The event was attended by Management Team members and Premier banking customers from the region.
Reaching out with a clarion call to foster the habit of regular saving, the 2019 al Mazyona savings scheme offers for the fourth year in a row RO 10 million prize money. The bank has lined up an astounding 4,437 high value prizes during the year, including monthly prizes totaling RO 550,000 to be shared by 370 winners, half yearly, end of year and mega prizes ranging from RO 10,000 to RO 250,000.
Abdulnasir Al Raisi, Deputy General Manager – Premier Banking, said: “Bank Muscat understands customer expectations as al Mazyona 2019 scheme offering over RO 10 million prize money is an incredible incentive for maintaining a healthy savings habit. With attractive prizes, al Mazyona reaffirms the bank's vision and constant efforts to fulfill the aspirations and ambitions of the largest banking family in Oman.”
The asalah Priority banking customers maintaining a minimum balance of RO 30,000 are eligible to participate in all al Mazyona prize draws, in addition to exclusive draws earmarked for them. The high savings balance customers have exclusive monthly prizes of RO 20,000 each for 10 customers, mid-year prizes of RO 30,000 each for 10 winners and special mid-year prizes of RO 100,000 each for two customers. The year-end prizes include RO 30,000 each for 10 winners and the special year-end prizes include RO 100,000 each for two winners.
al Jawhar Privilege banking customers maintaining a minimum balance of RO 10,000 in their savings accounts are eligible to participate in exclusive monthly prize draws of RO 10,000 each for 10 customers, mid-year prizes of RO 20,000 each for 10 winners and special mid-year prizes of RO 50,000 each for two customers. The year-end prizes include RO 20,000 each for 10 winners and special year-end prizes include RO 50,000 each for two customers.
The 2019 al Mazyona scheme has introduced new prizes in recognition of loyalty, salary transfer and the youth segment. As on date, al Mazyona is the biggest prize money in Oman and the region.
Notably, al Mazyona has further enhanced the salary transfer scheme to double the number of winners with a fixed salary prize of RO 500 every month for a year. The scheme has introduced a new segment of customers drawing salary above RO 1,000, in addition to customers drawing salary below RO 1,000. For eligibility, all that customers need to do is transfer their salary to the bank. In all, 20 customers will be rewarded every month in the salary transfer scheme.
Adding excitement to festivals and national celebrations, the 2019 scheme rewards customers with special prizes. A special prize draw offering RO 2,000 each for 50 winners from 14 regions will be held in celebration of Eid Al Adha. An exclusive draw for Zeinah women customers coinciding with the Omani Women’s Day in October is another highlight in which 50 customers will be rewarded with RO 2,000 each. On the occasion of the Sultanate’s 49th National Day, a special draw will be held offering RO 3,000 each for 49 winners. Introducing a new prize in celebration of Omani Youth Day in October, the bank has earmarked RO 500 each for 50 winners.
At a time when financial rewards and incentives are a premium, Bank Muscat is proud to sustain the unique al Mazyona experience. Continuing with the tradition of rewarding customers, 2019 al Mazyona scheme is designed to transform the lives of prudent savers. The scheme is targeted to accommodate all segments, including ladies, youth, children, high savings balance customers and salary account holders, thereby inculcating a strong savings habit among citizens who will be responsible for the future development of Oman.