MUSCAT, 15 May 2017 – Bank Muscat, the flagship financial services provider in the Sultanate, as part of its 'Let's Do More' vision and commitment to partnership in encouraging a savings culture in Oman, hosted Premier banking customers and al Mazyona quarterly prize draw in the wilayat of Sohar. H.E Sheikh Ali Bin Ahmed Al Shamsi, Wali of the Governorate of Sohar, presided at the celebration and picked the lucky winners at the event attended by dignitaries and Management Team members of the bank.

Seventeen winners covering all regions, including five from asalah Priority Banking and four from al Jawhar Privilege Banking, won high value prizes ranging from RO 25,000 to RO 100,000. The high value al Mazyona prizes included RO 100,000 each for five asalah Priority banking customers, RO 50,000 each for four al Jawhar Privilege banking customers and RO 25,000 each for eight customers.

Congratulating the winners, Abdulnasir Al Raisi, DGM – Premier Banking, said: “Bank Muscat is proud to reward al Mazyona customers and encourage a strong savings culture in Oman. The exciting scheme has a positive impact on the people and the nation. Marking a long-standing relationship with clients, the Premier banking strategy is a step into the future banking in Oman, reflecting the commitment to offer innovative services and remain the nation's bank of first choice. In step with the customer-centric vision of the bank, Premier banking is focused on providing personalised service catering to the complex financial needs of clients. With a bouquet of exclusive offerings, the rewarding al Mazyona experience distinguishes Premier banking clients from competitors."

For the second year in running, Oman's flagship al Mazyona savings scheme has retained the prize money at RO 10 million. Guaranteeing more for everyone to share, al Mazyona is the biggest prize money in Oman and the region.

Reaching out with a powerful call for savings, the highlights of 2017 al Mazyona savings scheme include 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.

al Mazyona offers high savings customers of asalah Priority Banking chances to win RO 30,000 monthly prizes, RO 100,000 quarterly prizes, and RO 250,000 year-end prizes. Prizes reserved for al Jawhar Privilege Banking customers include RO 20,000 monthly prizes and RO 50,000 quarterly prizes.

The exciting al Mazyona salary transfer scheme rewards customers with a fixed salary prize of RO 500 every month for a year. Bank Muscat is the first to introduce a prize scheme offering a fixed salary prize every month in Oman. All that customers need to win the salary prize is to transfer their salary of RO 500 and above to the bank. In all, 15 customers are rewarded every month in the salary transfer scheme.

Adding excitement to festivals and national celebrations, the 2017 scheme rewards customers with special prizes. An exclusive draw for Zeinah women customers coinciding with the Omani Women's Day in October is another highlight in which 10 customers will be rewarded with RO 10,000 each. On the occasion of the Sultanate's 47th National Day, a special draw will be held offering RO 2,000 each for 47 winners.

By maintaining a monthly balance of RO 50, al Mazyona Children's account holders get a chance to win 40 monthly prizes of RO 100 each. al Mazyona children's account holders are also eligible for other al Mazyona prizes where they will get 2 chances by maintaining a minimum balance of RO 100 .

Youth customers opening a Shababi account with just RO 10 get a chance to win RO 100 every month. In all, there will be 40 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.

al Mazyona continues to be the only savings scheme to recognise and reward loyalty for customers based on their association with the bank. At a time when financial rewards and incentives are a premium, Bank Muscat is proud to reward customers with the unique al Mazyona savings prizes. The bank understands customer expectations and al Mazyona 2017 scheme continues to promote and reward a healthy savings habit in Oman.

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 has succeeded in inculcating a strong savings habit among citizens responsible for the future development of Oman. The flexible scheme makes regular saving easier and is available across the largest network of Bank Muscat branches in Oman.