go back

Al Mazyona momentum picks up with monthly prize draw worth RO 300,000

MUSCAT, 10 February 2013 — The Sultanate's flagship al Mazyona savings scheme from Bank Muscat has gained momentum with the first monthly draw winners picked by H.E. Eng. Mohsin bin Mohammed Ali Al Shaikh, Advisor, Diwan of the Royal Court, in the presence of AbdulRazak Ali Issa, Chief Executive, and senior bank officials. In all, 30 customers from governorates across the Sultanate won RO 10,000 each in the draw held on the occasion of the inauguration of the bank's new branch in Opera Galleria in the Royal Opera House. A total of RO 300,000 was given away in the monthly draw.
al Mazyona monthly prizes are reserved for 9 customers in Muscat governorate, 6 in Batinah, 3 in Dhakliya+Wusta, 3 in  Dhahirah+Musandam, 3 in Dhofar and 3 in Sharqiya. In addition, there are 3 prizes reserved exclusively for asalah Priority Banking customers every month.  For every RO 1000 balance, customers are entitled to 10 winning chances. The more the balance, higher the winning chances.

al Mazyona 2013 scheme reinforced its reach and appeal, taking the total prize money to over RO 7 million compared to RO 6 million in 2012. As on date, the scheme offers the biggest prize money in Oman and the region.

Notably, the enhanced prize money will be shared by more winners as customers from all governorates are guaranteed to win prizes ranging from RO 1000 a week to RO 100,000 at the end of the year.

The 2013 al Mazyona scheme reaches out to all individual segments with exclusive prizes earmarked for ladies, youth, children and high savings balance customers in all regions.

Said Al Badai, DGM – Branches, said: “Bank Muscat understands customer expectations and al Mazyona 2013 scheme continues to reflect innovative customer segmentation based on two principles - region and demographics – ensuring higher winning chances to all customers across the Sultanate, including ladies, youth and children. The 2013 al Mazyona scheme offers exciting weekly, monthly, quarterly and grand prizes. The simple and flexible scheme was structured after a thorough market survey through an independent market research agency covering Muscat and other interior regions. Winning with al Mazyona has never been simpler as customers are not required to block their money for long or wait for a long time to win the big prize."

Al Badai added: “al Mazyona customers have plenty of reasons to smile throughout the year, thanks to the new scheme that offers winning chances for customers in all regions. al Mazyona offers one of the biggest prize money in the savings scheme history in Oman and the region. The RO 7 million prize money is an incredible incentive for al Mazyona customers."

Win RO 1000 every week: With 3 prizes reserved for every governorate, customers have a very good chance to win RO 1000 with just a minimum balance of RO 100. In all, there are 27 prizes reserved every week for the governorates (9 in Muscat, 6 in Batinah, 3 in Dhakliya+Wusta, 3 in Dhahirah+Musandam, 3 in Dhofar and 3 in Sharqiya). Customers get one chance for every RO 100 balance.

Win RO 50,000 every quarter: Customers maintaining a minimum balance of RO 1000 for 3 months get a chance to win the big prize of RO 50,000 during the quarters ending March, June and September. One quarterly prize is reserved for each of the governorates listed above. The longer the saving, higher the chances to win.

Win RO 100,000 at end of the year: Customers maintaining a minimum balance of RO 1000 for the last quarter of the year get a chance to win RO 100,000 at the end of the year. In all, 9 winners from the governorates will win RO 100,000 each. Customers get 10 chances for every RO 1000 balance. The higher the balance, higher the chances to win.

Priority Banking customers: asalah Priority Banking customers maintaining a minimum balance of RO 30,000 are eligible to participate in all al Mazyona prizes for governorates, in addition to exclusive monthly, quarterly and year-end prize draws. The climax will be a jackpot prize draw of RO 500,000 for 1 lucky Priority Banking customer.

Prizes worth RO 1 million at end of the year:  With 9 winners from the governorates and 1 winner from Priority Banking customers, in all 10 customers are going to win RO 100,000 each, thus having a grand finale of prizes worth RO 1 million at the end of the year.

Zeinah Account Holders: Targeted at Zeinah women customers, al Mazyona offers 3 prizes of RO 1000 each every week. The prizes are available exclusively for Zeinah account holders maintaining a minimum balance of RO 100.

Children's Account Holders: By maintaining a monthly balance of RO 50, all Children's account holders get a chance to win one of the 20 prizes of RO 100 every month. If the child is celebrating his or her birthday during that month, they also stand a chance to be one of 10 additional lucky winners to receive RO 100 each.

Shababi Account Holders: Youth customers opening a new Shababi account with just RO 10 get a chance to win RO 300 every month. In all, there will be 10 winners 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.

Reward for loyalty: A continuing attraction is that the winning chances get multiplied by the number of years customers are associated with al Mazyona savings scheme. For example, if  a customer has been saving for 5 years, his chances of winning get multiplied by 5 times and similarly if he has been maintaining al Mazyona savings account  for 20 years, his chances get multiplied 20 times and so on. This benefit is unique only to al Mazyona savings scheme holders and no other bank offers this, as on date.

Certification and validation of al Mazyona draw: In order to maintain the tradition of providing complete transparency of the scheme, Bank Muscat will continue to conduct al Mazyona prize draws at public places and get these tested and certified by external auditors. al Mazyona prize draw and general purpose controls surrounding the draw will be fully tested and certified by Price Waterhouse Coopers – one of the globally reputed consulting firms. Bank Muscat pioneered this proactive step and is proud to continue this tradition in Oman. al Mazyona scheme will be certified by Price Waterhouse Coopers for communicating good governance and transparency.

During the past 21 years, al Mazyona has rewarded customers and enriched their lives. Big prize money is not the only way by which al Mazyona seeks to transform the lives of prudent savers. The scheme is targeted to accommodate all segments, including ladies, youth and children, thereby inculcating the savings habit among citizens who will be responsible for the future development of Oman. The underlying principle of the scheme is that the greater the deposit balance, the higher the chance of rewards. Customers can win more by saving more with Bank Muscat.
al Mazyona has consistently been a huge success. The objective of al Mazyona is to create a lifetime change for winners and allow them to invest their prize money in things that will make a lasting difference and the well-being of their families.
Over the years, al Mazyona has succeeded in inculcating a savings culture in Oman. The flexible scheme makes regular saving easier and is available across the largest network of 136 branches in Oman.


 

 
The Sultanate's flagship al Mazyona savings scheme from Bank Muscat has gained momentum with the first monthly draw winners picked by H.E. Eng. Mohsin bin Mohammed Ali Al Shaikh, Advisor, Diwan of the Royal Court, in the presence of AbdulRazak Ali Issa, Chief Executive, and senior bank officials. In all, 27 customers from governorates across the Sultanate won RO 10,000 each in the draw held on the occasion of the inauguration of the bank's new branch in Opera Galleria in the Royal Opera House.

al Mazyona monthly prizes are reserved for 9 customers in Muscat governorate, 6 in Batinah, 3 in Dhakliya+Wusta, 3 in  Dhahirah+Musandam, 3 in Dhofar and 3 in Sharqiya. Customers maintaining a minimum balance of RO 1000 get a chance to win RO 10,000 every month. For every RO 1000 balance, customers are entitled to 10 winning chances. The more the balance, higher the winning chances.

al Mazyona 2013 scheme reinforced its reach and appeal, taking the total prize money to over RO 7 million compared to RO 6 million in 2012. As on date, the scheme offers the biggest prize money in Oman and the region.

Notably, the enhanced prize money will be shared by more winners as customers from all governorates are guaranteed to win prizes ranging from RO 1000 a week to RO 100,000 at the end of the year.

The 2013 al Mazyona scheme reaches out to all individual segments with exclusive prizes earmarked for ladies, youth, children and high savings balance customers in all regions.

Said Al Badai, DGM – Branches, said: “Bank Muscat understands customer expectations and al Mazyona 2013 scheme continues to reflect innovative customer segmentation based on two principles - region and demographics – ensuring higher winning chances to all customers across the Sultanate, including ladies, youth and children. The 2013 al Mazyona scheme offers exciting weekly, monthly, quarterly and grand prizes. The simple and flexible scheme was structured after a thorough market survey through an independent market research agency covering Muscat and other interior regions. Winning with al Mazyona has never been simpler as customers are not required to block their money for long or wait for a long time to win the big prize."

Al Badai added: “al Mazyona customers have plenty of reasons to smile throughout the year, thanks to the new scheme that offers winning chances for customers in all regions. al Mazyona offers one of the biggest prize money in the savings scheme history in Oman and the region. The RO 7 million prize money is an incredible incentive for al Mazyona customers."

Win RO 1000 every week: With 3 prizes reserved for every governorate, customers have a very good chance to win RO 1000 with just a minimum balance of RO 100. In all, there are 27 prizes reserved every week for the governorates (9 in Muscat, 6 in Batinah, 3 in Dhakliya+Wusta, 3 in Dhahirah+Musandam, 3 in Dhofar and 3 in Sharqiya). Customers get one chance for every RO 100 balance.

Win RO 50,000 every quarter: Customers maintaining a minimum balance of RO 1000 for 3 months get a chance to win the big prize of RO 50,000 during the quarters ending March, June and September. One quarterly prize is reserved for each of the governorates listed above. The longer the saving, higher the chances to win.

Win RO 100,000 at end of the year: Customers maintaining a minimum balance of RO 1000 for the last quarter of the year get a chance to win RO 100,000 at the end of the year. In all, 9 winners from the governorates will win RO 100,000 each. Customers get 10 chances for every RO 1000 balance. The higher the balance, higher the chances to win.

Priority Banking customers: asalah Priority Banking customers maintaining a minimum balance of RO 30,000 are eligible to participate in all al Mazyona prizes for governorates, in addition to exclusive monthly, quarterly and year-end prize draws. The climax will be a jackpot prize draw of RO 500,000 for 1 lucky Priority Banking customer.

Prizes worth RO 1 million at end of the year:  With 9 winners from the governorates and 1 winner from Priority Banking customers, in all 10 customers are going to win RO 100,000 each, thus having a grand finale of prizes worth RO 1 million at the end of the year.

Zeinah Account Holders: Targeted at Zeinah women customers, al Mazyona offers 3 prizes of RO 1000 each every week. The prizes are available exclusively for Zeinah account holders maintaining a minimum balance of RO 100.

Children's Account Holders: By maintaining a monthly balance of RO 50, all Children's account holders get a chance to win one of the 20 prizes of RO 100 every month. If the child is celebrating his or her birthday during that month, they also stand a chance to be one of 10 additional lucky winners to receive RO 100 each.

Shababi Account Holders: Youth customers opening a new Shababi account with just RO 10 get a chance to win RO 300 every month. In all, there will be 10 winners 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.

Reward for loyalty: A continuing attraction is that the winning chances get multiplied by the number of years customers are associated with al Mazyona savings scheme. For example, if  a customer has been saving for 5 years, his chances of winning get multiplied by 5 times and similarly if he has been maintaining al Mazyona savings account  for 20 years, his chances get multiplied 20 times and so on. This benefit is unique only to al Mazyona savings scheme holders and no other bank offers this, as on date.

Certification and validation of al Mazyona draw: In order to maintain the tradition of providing complete transparency of the scheme, Bank Muscat will continue to conduct al Mazyona prize draws at public places and get these tested and certified by external auditors. al Mazyona prize draw and general purpose controls surrounding the draw will be fully tested and certified by Price Waterhouse Coopers – one of the globally reputed consulting firms. Bank Muscat pioneered this proactive step and is proud to continue this tradition in Oman. al Mazyona scheme will be certified by Price Waterhouse Coopers for communicating good governance and transparency.

During the past 21 years, al Mazyona has rewarded customers and enriched their lives. Big prize money is not the only way by which al Mazyona seeks to transform the lives of prudent savers. The scheme is targeted to accommodate all segments, including ladies, youth and children, thereby inculcating the savings habit among citizens who will be responsible for the future development of Oman. The underlying principle of the scheme is that the greater the deposit balance, the higher the chance of rewards. Customers can win more by saving more with Bank Muscat.
al Mazyona has consistently been a huge success. The objective of al Mazyona is to create a lifetime change for winners and allow them to invest their prize money in things that will make a lasting difference and the well-being of their families.
Over the years, al Mazyona has succeeded in inculcating a savings culture in Oman. The flexible scheme makes regular saving easier and is available across the largest network of 136 branches in Oman.