MUSCAT, 21 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 strong savings culture in Oman, celebrated al Mazyona Shababi monthly prize draw for youth in Buraimi University. Dr. Khamis Al Muniri, Acting Vice Chancellor, picked the lucky 50 winners at the event attended by Management Team members.
Youth customers opening a Shababi account with just RO 10 get a chance to win RO 100 every month. In all, 50 winners are rewarded every month in the youth category. Shababi account holders are also eligible for other al Mazyona prizes by maintaining a minimum balance of RO 100. Coinciding with the Omani Youth Day in October, a special draw offering RO 500 each for 50 winners awaits Shababi customers.
Abdullah Tamman Al Mashani, Deputy General Manager – Institutional Sales & Products Development, said: “At a time when financial rewards and incentives are a premium, Bank Muscat is proud to sustain the unique al Mazyona experience. The bank understands customer expectations and al Mazyona 2019 scheme continues to reflect innovative customer segmentation based on geographic, lifestyle and demographic segmentation, ensuring higher winning chances to customers across the Sultanate, including ladies, youth, children and high savings balance customers.”
Shababi is the first banking service in Oman targeted at youth in the age group of 18 to 23 years who are pursuing higher education in university / colleges. Engaging youth beyond banking, Shababi offers varied opportunities like sports, games, arts and entertainment to support their lifestyle activities. Notably, Shababi encourages the youth from an early age to develop a strong savings habit, thereby creating a positive social and economic impact in Oman.
Bank Muscat offers unique products and services targeted at the youth segment. Themaar higher education savings plan is an affordable and systematic monthly savings plan opening up a great opportunity for college and higher education requirements of youth.
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 540000 to be shared by 350 winners, half yearly, end of year and mega prizes ranging from RO 10,000 to RO 250,000.
For over 25 years, al Mazyona has rewarded numerous customers and enriched their lives. Bank Muscat encourages everyone to save for the future with the objective of creating life-changing experience for winners and allowing them to invest the prize money in things that will make a lasting difference, thereby improving the well-being of their families. Customers can win more by saving more with Bank Muscat since their chances of winning goes up proportionally with higher deposit balances and the longer they save with the bank. This flexible scheme makes regular saving an easy habit to practice and is available for all customers of Bank Muscat, which has the largest network of branches in Oman.
Bank Muscat understands customer expectations as al Mazyona 2019 scheme 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.