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Bank Muscat all set to mark al Mazyona grand year-end prizes

​​MUSCAT, 13 January 2018

Bank Muscat, the flagship financial services provider in the Sultanate, is all set to ring down the curtain on 2017 al Mazyona savings scheme with the high value year-end prize draw. The grand celebration marking the culmination of RO 10 million prize money in 2017 will be held under the auspices of Dr. Madiha Bint Ahmed Al Shibaniyah, Minister of Education on Tuesday 16 January.


Springing the biggest surprise, the 2017 al Mazyona year-end prizes totaling RO 1.4 million will be shared by 10 customers, ranging from RO 50,000 to RO 250,000. Four asalah Priority Banking customers will receive RO 250,000 each and four al Jawhar Privilege Banking customers RO 50,000 each while two al Mazyona customers will be rewarded with RO 100,000 each in the concluding draw of 2017.


Reaching out with a powerful call for savings, the highlights of 2017 al Mazyona savings scheme included high value prizes for different segments, including women, children, youth and high saving customers, ranging from RO 1,000 weekly prizes to RO 10,000 monthly prizes, RO 25,000 quarterly prizes and RO 100,000 annual prizes.


For over 25 years, al Mazyona has rewarded numerous customers and enriched their lives. Big prize money is not the only attraction of al Mazyona, which is designed to transform the lives of prudent savers. The scheme is targeted to inculcate a strong savings habit among citizens responsible for the future development of Oman.

Adding excitement to festivals and national celebrations, the 2017 scheme rewarded customers with special prizes. The bank conducted a special prize draw offering RO 3000 each for 42 winners from 14 regions in celebration of Eid Al Fitr. On the occasion of the Sultanate's 47th National Day, a special draw was held offering RO 2,000 each for 47 winners. al Mazyona continues to be the only savings scheme to recognise and reward loyalty for customers based on their association with the bank.


Notably, 2017 al Mazyona had an exciting salary transfer scheme to reward winners with a fixed salary prize of RO 500 every month for a year. All that customers were required to do is transfer their salary of RO 500 and above to the bank. In all, 15 customers were rewarded every month in the salary transfer scheme.


Bank Muscat understands customer expectations and al Mazyona 2017 scheme offering RO 10 million prize money served as an incredible incentive for maintaining a healthy savings habit. At a time when financial rewards and incentives are a premium, Bank Muscat has sustained the unique al Mazyona experience. The bank understands customer expectations and al Mazyona 2017 scheme reflected innovative customer segmentation based on two principles - region and demographics – ensuring a higher winning chances to customers across the Sultanate, including ladies, youth, children and high savings balance customers.