OAB Announces Winners of the New Hasaad Savings Scheme 2020

OAB Announces Winners of the New Hasaad Savings Scheme 2020

Muscat, March 11, 2020: Oman Arab Bank recently revealed the names of the winners of its newly launched Hasaad draw. This draw saw over 140 winners being announced, as well as the introduction of a new draw category and guaranteed gifting scheme. 2020 will see the largest number of winners ever for OAB’s Hasaad Savings Scheme, totalling over 1,796 winners before it comes to an end with the December draw.

Commenting on the introduction of the 2020 Hassad Scheme, Rashad Al Shaikh, Acting Head of the Retail Banking Division at OAB said, “With the launch of the new Hassad Savings Scheme, we have designed it in such a way that it offers our customers more chances of winning. This is mainly due to the success of last year’s scheme, which saw a larger pool of winners across a wider range of draws. We hope that the Hasaad Savings Scheme continues to inculcate the importance of a saving culture, not only among individuals and families but for the young generation as well. We believe that this will assist them in building a more stable financial future for themselves and those around them.”

As a part of the scheme, 95 lucky winners, with a minimum of one winner in each branch, will receive a prize of OMR 500 monthly, reaching OMR 1,000 each quarter. There will be 10 winners of OMR 100 each for the Children’s account holders, aged 18 and below; 20 winners of OMR 100 each for Youth account holders, aged between 18 and 27 and two winners of OMR 10,000 each as part of the monthly Elite Draw. The latter Elite draw, however, will see its monthly draw replaced by a Grand Prize draw of OMR 50,000 for one lucky Elite customer, which will occur twice a year, in June and December. In addition to these monthly draws, the Bank will also be conducting a special ‘Big Prize’ draw of OMR 25,000 for one winner across its branch network at the end of every quarter.

A new introduction this year is the Salary Transfer draw, which provides 5 winners with a prize of OMR 500 each month, as well as a guaranteed gift to children and youth (up to 27 years old), once a year, respectively. Moreover, OAB is the only Bank that will be providing a guaranteed gift to its youth customers.

“Through this new scheme, we are looking forward to seeing the largest number of winners accumulated by the end of the year. With several prizes lined up, I encourage each and every one of our valued customers to continue saving to maximise their chances of winning. I wish them all the very best of luck,” Rashad added.

Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the bank operates a nationwide network of 65 branches and representative offices with 152 ATMs spread across Oman. OAB provides a complete range of financial products and services for personal banking, corporate banking and investment clients.