18th October: Oman Arab Bank, one of the leading financial institutions in the Sultanate, today announced the launch of its most prestigious card: OAB Infinite card during a press conference held at the bank premises.  

Aimed at high net worth customers of the bank, the Infinite card provides cardholders with the ultimate purchasing experience and a unique set of high-end benefits, including world-class service from a round-the-clock concierge team and comprehensive travel insurance and purchase protection. The OAB Infinite card, which is the top tier card product in the industry, is exclusive for the bank's affluent segment and will be distributed by invitation only 

"This launch of Infinite card is in line with our overall strategy to constantly enhance and upgrade our product offering in order to meet the industry's highest standards and better respond to customers' expectations and concerns. With the new OAB Infinite card, we have launched an exclusive and top-of-the-range product, reflecting our commitment to introducing premium products," stated Mr. Abdul Qader Askalan, CEO of Oman Arab Bank.  

There is a growing sophistication among the affluent and High net worth individuals of the Sultanate. Oman Arab Bank recognizes this trend and seeks to meet the financial and lifestyle needs of this discerning clientele. With new initiatives such as the Infinite card, OAB is also proud to consolidate its leadership in the premium payment solutions industry and make a sustained contribution to the economy of Oman.  Through world-class services and innovative banking solutions, we hope to become the 'Bank of Choice' for discerning individuals, corporations, and government entities. "added Mr. Rashad Al Shaikh, Head Retail Marketing & Business Development.  

Every OAB Infinite cardholders will be assigned with professional Customer Service Managers who are dedicated to serve them 24 hours a day, 365 days a year. Renowned and respected everywhere, it opens a new gateway to a world of privileges, a world in which clients enjoy truly personal service. The wide range of exclusive privileges includes:

  • Concierge Service that will take care of the travel needs of its customers

  • Global Customer Assistance that's ensures continuous multi-lingual support anywhere in the world, offering medical, legal or financial help and advice.

  • emergency cash up to $5,000 and payment authorisation is guaranteed within 24 hours incase the card is lost or stolen

  • Medical services include telephone advice, referral to a local specialist and monitoring during and after hospitalisation.

Elaborating on the many benefits that the card offers, Ms Farah Abdullah Moosa Product Manager - Cards at OAB said, "Apart from providing the customer with unlimited purchasing power anywhere across the globe, the Infinite card comes with an abundance of features for its users to exclusively enjoy. The Concierge Service, for one, is a complimentary added value available to any Infinite cardholder. Through this service, specialized professionals are assigned to every OAB Infinite cardholder, and are responsible for taking care of his or her air travel arrangements, hotel reservations, international airport reservation services, currency exchange, packaged holiday reservations, transportation, luggage handling and more. The cardholder can easily access these services by calling a toll-free number. 

"All Oman Arab Bank products and services have evolved over the years in line with specific customer requirements, fulfilling their financial dreams and aspirations. To meet and exceed customer expectations of its premier clientele, OAB offers several privileges and benefits to Infinite cardholder that reflects their status of being in a class of their own," commented Hisham Abdulhadi, ADGM, Card Centre. 

Oman Arab Bank operates through a network of 54 branches and offices through out the Sultanate. The bank offers a wide range of products and services in Retail, Corporate and Investment Banking. There were a number of unique initiatives that accelerated OAB's performance. These initiatives include innovative retail products such as OAB Markabati Plus car laon, AL Dar Housing loan and the opening of OAB's Fil Khidma call centre service. the bank has also recently been declared the best Investment Bank in Oman in 2010 by World Finance magazine. 

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© Press Release 2010