(MENAFN - Muscat Daily) Muscat- To honour the winners of the Al Mumayaz Saving Scheme 2017 Year-End Draws, Bank Sohar recently hosted ceremonies at various branches.
The events were conducted at Azaiba, Ibri, Salalah and Sohar branches marking the culminating sequel to the bank's recently held Year-End draws and the successful conclusion of the Al Mumayaz Savings Scheme 2017.
All events were overseen by the respective branch managers, where each event witnessed the attendance of members of the bank's executive management.
The Sohar branch celebrated the winning grand prize with Shakir Ghamtil and winner of the Year-End Exclusive Draw of RO100,000; Khamis Ali al Shamsi who won the Regional Draw of RO20,000.
The celebrations then moved to the bank's Azaiba branch to felicitate Saifuddin Abdulkadir Katabji, another winner of the Regional Draw of RO20,000. The victory lap continued amidst celebrations at Bank Sohar's Ibri and Salalah branches where Salmaal Mamari from the Ibri branch and A A A from Salalah branch, each won RO20,000 as part of the Regional Draws. Last but not least, M A M (minor) from the Salalah branch won RO10,000 as part of the bank's Children's Draw that was held recently.
Rajeev Arora, DGM and head of Retail Banking, Bank Sohar, said, 'We feel proud and elated that the Al Mumayaz Scheme 2017 culminated with such resounding success. Each year, the savings scheme opens up to fresh enthusiasm and new faces as more people realise the value of its appeal.
'As a bank with a strong customer-centric model and one that seeks to offer consistently superior products, we work towards setting new records with each updated edition of the scheme, so that it continues changing lives for the better, every day.
'Once again, congratulations to all the winners and here's wishing all the others the best of luck in our new edition of the scheme that will offer even more prizes and opportunities for everyone to win.'
Since its inception, the Al Mumayaz Savings Scheme has offered compelling motivation for clients to save and exert financial prudence in cash management.
Each year, the scheme is updated with new features, prize categories and increased cash prize rewards, making it one of the most diversely segmented savings schemes incentivising every demographic.
This year, the product has emerged even stronger and more nuanced. In a grand unveiling ceremony held recently, customers received the first glimpse of the many innovations in the all-new Al Mumayaz Savings Scheme 2018.
Still retaining its distinction as one of the industry's most variegated savings instrument with more winners' categories than any other, the scheme has even more exciting prospects in store.
Under the bank-wide draws (General Draws), the 2018 edition of the Al Mumayaz Savings Scheme offers RO1,000 daily, RO5,000 monthly (each for two winners) and RO20,000 year-end (for four winners each). Rewarding minors and encouraging them and their parents to save, the Children's Draw offers RO100 daily, RO500 monthly (each for two winners) and RO2,500 Year-end (each for four winners). For more information on Bank Sohar, visit the bank's official website www.banksohar.net or call 24730000.