MUSCAT, 7 April 2020
In line with its vision ‘To serve you better, everyday’ and commitment to the growth and development of the nation, Bank Muscat, the flagship financial services provider in the Sultanate, continues to encourage a savings culture in Oman. The core focus of Al Mazyona has been to encourage customers to sustain a strong savings culture and be rewarded with the biggest prizes in Oman. The success of Al Mazyona scheme demonstrates the confidence of customers in Bank Muscat. It shows that the Bank understands customer expectations and helps them achieve their dreams and aspirations for the future. Al Mazyona reflects innovative customer segmentation based on geographic, lifestyle and demographic segmentation, ensuring more chances of winning for all its customers across the Sultanate.
Bank Muscat has lined up the largest number of high-value prizes in the country with 6,677 winners all set to be rewarded for their savings habit in 2020. Both the number of Al Mazyona prizes and the total prize money have been increased with the total number of winners in the 2020 scheme going up by around 50% compared to the previous year. Notably the bank has increased the number of prizes in the 2020 edition of Al Mazyona for winners across all governorates of the Sultanate. The regional monthly draws will now see 420 winners win RO 500 each every month. Customers need to maintain a minimum balance of RO 100 to be automatically entered into these monthly draws. The special Mid-Year and End-of-Year draws will see 28 winners from across the Sultanate walk away with prizes of RO 5,000. Customers need to maintain a minimum balance of RO 1,000 to be automatically entered into these two special draws.
Speaking about the 2020 Al Mazyona savings scheme, Abdullah Tamman Al Mashani, DGM – Institutional Sales and Product Development, Bank Muscat, said that the Bank was happy with the response to the latest edition of Al Mazyona which shows that there is tremendous interest in savings programmes. He added that the Bank is constantly innovating and adding to the programme in response to customer requirements. One of the major reasons for the success of the scheme is that Bank Muscat has been transparent in conducting prize draws throughout the year. He thanked all customers, both individuals as well as corporate entities, for the confidence in Bank Muscat’s products and services. He added that the Bank would continue to keep pace with their aspirations and always work towards serving its customers better every day in line with its vision.
This year’s scheme offers the biggest prize money in Oman of RO 11 million and was launched at a press conference held at the Bank’s Head Office earlier this year. The press conference also witnessed the first monthly draws for various prizes under the programme. The bank will continue to conduct regular monthly draws during the coming months and announce the details across different media. For more details on Al Mazyona accounts, go to https://www.bankmuscat.com/en/accounts/Pages/details.aspx#saving