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al Mazyona celebrates RO 500 000 quarterly prize draw

MUSCAT, 07 December 2013 – The Sultanate's flagship al Mazyona savings scheme from Bank Muscat celebrated the RO 500,000 quarterly prize draw at the head office. H.E. Hamad bin Khamis Al Amri, Under-Secretary for Labour Affairs at the Ministry of Manpower, presided as guest of honour at the event attended by dignitaries and a large turn-out of customers and senior bank officials. The highlight of the celebrations was a stage play which conveyed the message of prudent savings habits.

Ten customers covering all the governorates, including one asalah Priority Banking customer, won the quarterly prize of RO 50,000 each. The winners are Ahmed Said from Adam branch, Humaid Khamis (Seeb), Saud Ali (Al Sarooj), Ruskeen Syed (Ruwi High Street), Saleem Mubarak (Bidiya), Rashid Abdullah (Musannah), Dhamin Ali (Bahla souq), Juma Khalfan (Mahdah), Taher Mehmood (Salalah 23rd July Street) and Sheikha Abdullah (Sur). Customers maintaining a minimum balance of RO 1000 for 3 months are eligible for the big quarterly prize draw. The longer the saving, higher the chances to win.

Said Al Badai, DGM - Branches, said: “al Mazyona reaffirms the bank's vision and constant efforts to fulfill the aspirations and ambitions of the largest banking family in Oman. The flagship savings scheme has won the hearts of people and succeeded in realising the dreams of thousands of customers. The bank attaches great importance to inculcating prudent savings and spending habits and has tailored al Mazyona scheme with this objective in mind. The series of big prizes from Bank Muscat is the major attraction of al Mazyona which offers fair and transparent winning chances for all segments of customers."

Momentum has started building up for the RO 1 million al Mazyona year-end grand prize which will be shared by 10 customers covering all the governorates, including one Priority Banking customer, who will receive RO 100,000 each. Customers maintaining a minimum balance of RO 1000 for the last quarter of the year are eligible for the grand prize draw.

al Mazyona 2013 scheme offers a  total prize money of over RO 7 million. As on date, the scheme offers the biggest prize money in Oman and the region. Notably, the enhanced prize money is shared by more winners as customers from all governorates are guaranteed to win prizes ranging from RO 1000 a week, RO 50,000 every quarter to RO 100,000 at the end of the year. 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.

Taya Bait Sabeea, Senior Regional Manager, said: “Bank Muscat understands customer expectations and al Mazyona represents 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. al Mazyona offers exciting weekly, monthly, quarterly and grand prizes. 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."

An added 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 and no other bank offers this, as on date. This provides high savers with the best chance to win the year-end RO 1 million prizes.

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 138 branches in Oman.