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Bank Muscat all set to mark 2016 al Mazyona grand prizes, new scheme

​MUSCAT, 04 January 2017 – Bank Muscat, the flagship financial services provider in the Sultanate, is all set to mark a big celebration to pick the grand year-end prize winners of 2016 al Mazyona savings scheme and unveil the 2017 savings scheme at Al Mouj Golf on 10 January.

Springing the biggest surprise, 2016 al Mazyona year-end prizes totaling RO 1 million will be shared by two customers, including one asalah Priority Banking customer, who will receive RO 500,000 each.

The 2016 al Mazyona savings scheme offering a total prize money of RO 10 million has been rewarding and fulfilling the dreams of customers with high value prizes throughout the year, ranging from RO 1,000 a week to RO 10,000 a month and RO 100,000 every quarter besides special draws coinciding with festivals and national celebrations.

The core focus of al Mazyona is to encourage customers to sustain a strong savings culture and be rewarded with the biggest aspirational prizes. At a time when savings are most critical to ensure a secure future for individuals and families, al Mazyona plays an anchor role to encourage financial discipline. The objective of al Mazyona is to create a savings habit that makes a lasting difference in the well-being of families.

al Mazyona offers the biggest prize money in the savings scheme history in Oman. Bank Muscat understands customer expectations and for over 25 years the flagship savings scheme has been rewarding customers and enriching their lives. The scheme is targeted to accommodate all segments, including ladies, youth, children and high saving customers, thereby strengthening prudent savings habit among citizens who will be responsible for the future development of Oman.

al Mazyona reflects innovative customer segmentation based on two principles - region and demographics – ensuring higher winning chances to all customers across the Sultanate.

al Mazyona is the only savings scheme to recognise and reward loyalty for customers based on their association with the bank. For example, if a customer has been saving for 5 years, his chances of winning get multiplied by five 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 loyalty reward.