Bank Sohar’s Al Mumayaz Savings Scheme 2017 continues to be a tremendous success with customers, entering its sixth round of monthly draws for the year. The monthly drawsfor the month of August were conducted during aVIP gathering at Noor Al Bedaya Hall in Wilayat Saham on 11 September, under the auspices of H.E. Eng. Mohammed bin Khamis Al Badi, Member of Shura Council and Representative of Wilayat of Saham. The draws awarded 32 lucky winners cash prizes totalling OMR 45,000. These included a General Draw for OMR 10,000, Children’s draw for OMR 1,000 and a Female Draw for OMR 5,000. Additionally, the dedicated Branch Draws, which saw one winner from each of the Banks’s 29 branches win OMR 1,000 each, were conducted earlier at the Bank’s Head Office in Muscat.

Representing Bank Sohar and welcoming invitees at the gathering were Mr. Rajeev Arora, DGM & Head of Retail Banking; Mr. Khamis Masoud Al Rahbi, Sr. AGM of Retail Banking; Mr. Mazin Mahmood Al Raisi, Senior AGM - Marketing & Customer Experience; Mr. Rashid Saif Said Al Maskry - District Manager of the Batinah Region, Ms. Badriya Sultan Al Jahwari, Senior Manager Saham Branchand other senior members of the Bank.

Commenting on the event, Mr. Rajeev Arora, DGM and Head of Retail Banking at Bank Sohar said, “On behalf of Bank Sohar, I would first like to congratulate the winners and thank our esteemed guests for being present here this evening, as we conduct our sixth successful monthly draw. Their presence further strengthens our bank-client relationship and reinforces our commitment to our customers. The Al Mumayaz Savings Scheme has been tremendously successful as shown by the numerous lucky winners we have announced in the past. This year alone we have had more than 800 winners so far, and this number will increase to approximately 1,350 by year end.  One of the reasons why the scheme has been so successful is that is rewards people for being financially prudent. As a financial institution, we want to inculcate this habit among our customers by giving them a product that meets their financial needs as well as motivates them to save for their as well as their family’s future.”

Emphasising the Bank’s commitment to innovative product research and development, Mr. KhamisMasoud Al Rahbi, Sr. AGM - Retail Banking, said, “We have always focused on developing products and services that not only enhance customers’ banking experience but also guarantee them competent value additions in terms of diversity, alacrity and complete lifecycle solutions. Along with our other innovative products,the savings scheme’s success reflects Bank Sohar’s dynamic position in the Oman’s Banking sector underpinned by its strong commitment to prioritise and fulfill customers’ needs beyond their expectations. I would like to congratulate the winners of this month’s draws and encourage all our customers to continue saving as the more they save, the better their chances of winning in the remaining draws.”

The event commenced with a welcome note by Ms. Badriya Sultan Al Jahwari followed by a speech by Mr. Mazin Mahmood Al Raisi, Senior AGM - Marketing & Customer Experience highlighting the various milestones and achievements of the Bank. The speech was followed by a short documentary video highlighting the Bank’s milestones and achievements of the past ten years. The event then saw the recitation of a poem about Bank Sohar by Poet Sultan Al Issai. This was followed by a brief overview by Mr. Redha Al Lawati, Sr. Chief Manager of Liabilities and Sales, on the Al Mumayaz Savings Scheme 2017 and an outline of each of the draws that were to be conducted. In addition, an audience raffle draw was held where some lucky attendees walked away with exciting prizes.

Following the presentation, The Al Mumayaz Savings Scheme Monthly Draws were conducted starting off with the Children’s Draw which saw Noor  Al Jamoudi (Minor)from NizwaBranch, win OMR 1,000.  The Female Draw followed, which saw Ms. K. Al Thuhlifrom NizwaBranch win OMR 5,000. The final draw of the day was the General Draw which saw Mr. Rashid Al Harthy from Privilege Banking Branch win OMR 10,000.

Concluding the event, the Chief Guest H.E. Eng. Mohammed bin KhamisAlBadi, Member of Shura Council and Representative of Wilayat of Saham, was presented with a token of appreciation by Mr. Rajeev Arora, DGM & Head of Retail Bankingon behalf of the Bank.

The Monthly Branch Draws which were conducted earlier at the Bank’s Head Office in Muscat witnessed a customer from each of the Bank’s branches win OMR 1,000. This included Mr. Kamal Khanas the winner from the Al Buraimi Branch, Ms. Farida Al Hadhramifrom the Al Azaiba Branch, Mr. Khamis  Al Noflifrom the Sohar Branch, Mr. Ahmed Al Awaisifrom the Barka Branch, Mr. Khalifa  Al Ghafrifrom the Ibri Branch, Mr. Sulaiman Al Hosnifrom the Al Khbaoura Branch, Ms. Jamila Al Habsifrom the Al Qurum Branch, Jenan  Al Zadjali (Minor)from the Al Khoudh Branch, Mr. Dilavar Alifrom the Sinaw Branch, Mr. A. M. H.from the Privilege Banking Branch, Mr. Ali Mohammed from the Salalah Branch,Mr. Srinivas Chowdaryfrom the MBD Branch, Mr. I. Z. from the A’Seeb Branch, Yasser Al Alawi (Minor)from the Sur Branch, George Mathew  (Minor)from the Al Khuwair Branch, Mr. W.  Al Harthifrom the Ibra Branch, Ms. Ibtisam  Al Toubifrom the Nizwa Branch, Amran Al Wahibi (Minor)from the RuwiBranch, Mr. Humaid  Al Badwawifrom the Shinas Branch, Al Anood Al Naabi (Minor)from the Suwaiq Branch, Mr. Tariq  Al Wahaibi from Al Quriyat Branch, Mr. Khamis  Al Saadifrom the JaalanBani Bu Ali Branch, Mr. Ali Al Minjifrom the Al Amerat Branch, Omimah Ahmed Al Abri (Minor)from the Bahla Branch,Mr. Fahad Al Alawifrom the Avenues Mall Branch, Mr. Mohammed Al Hatmifrom the A’Rustaq Branch, Mr. Abdullah Mohammed from the Saham Branch, Mr. Khalid Al Harassifrom the Mabella Branch and finally Mr. A. M. S., from the Musannah Branch.

Bank Sohar’s Al Mumayaz Savings Scheme 2017 provides customers with numerous opportunities to win exciting cash prizes. The scheme conducts Hourly prize draws of OMR 1,000 for four winners each from Sunday to Wednesday. This year the Bank introduced three new Weekly draws, including a Children’s draw where five minor accounts holders each win OMR 100, General draw of OMR 1,500 for two winners, and an Exclusive Weekly draw of OMR 5,000, specifically for the customers who maintain high deposit accounts. This will take place in addition to a monthly draw exclusively for children where one minor account wins OMR 1,000. The Bank will also be conducting monthly General draws with one winner of OMR 10,000, alongside monthly Female draws with one winner of OMR 5,000. There are also Branch Draws where one customer from each of the Bank’s branches wins OMR 1,000 every month. Lastly, the Bank will be conducting an Exclusive Draw of OMR 100,000 for one winner as part of the Year-End Draws, alongside a Children’s prize draw for one winner of OMR 10,000 and Regional draws where one winner from branches in each of the Bank’s four operational regions, namely ‘Muscat’, ‘Al Batinah’ including Al Buraimi Branch, ‘Al Dakhiliya’ covering Ibri and Sharqiya Branches, and Salalah including Privilege Banking Unit, will win a prize of OMR 20,000 each.

Together with its Al Mumayaz Savings Scheme and other market leading retail products and services, Bank Sohar provides an extensive network of 29 conventional branches with 58ATMs across the Sultanate. In addition, Bank Sohar customers can also avail of convenient cash withdrawal services at over 1,000 ATMs across the country operating under the ‘OmanNet’ platform. The Bank’s ATMs at Buraimi and Shinas border continue to operate with the ‘Dirhams Dispensing’ facility; thus adding immense convenience to businessmen who travel and transact business across the border on a regular basis, as well as to customers who visit the United Arab Emirates. The Bank’s customers enjoy the advantage of a Cash Deposit facility at all branch ATMs as another value-added service. In addition, the Bank’s E-channels, encompassing SMS Banking, Internet Banking services and a specialised Mobile Banking Application for Android and iPhones, allow customers to access their bank anytime and from anywhere. Further, Bank Sohar has implemented recently the Mobile Payment Clearing and Switching System (MpClear), where customers will be able to conduct funds transfers on the Bank Sohar Mobile Banking App, using their phone numbers instead of their account numbers and allowing transfers 24x7.

For more information on Bank Sohar and Al Mumayaz Savings Scheme, please visit www.banksohar.net or call 24730000. You can also follow the Bank on Facebook at www.facebook.com/excel.banksohar, on Instagram at www.instagram.com/banksoharexcel or join the conversation on Twitter @banksohar_excel.

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© Press Release 2017