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al Mazyona to celebrate RO 500,000 quarterly prize draw today

MUSCAT, 03 December 2013 – Bank Muscat, the flagship financial services provider in the Sultanate, will mark a celebration today (Wednesday, 4 December) at the head office to pick RO 500,000 al Mazyona quarterly prize winners. H.E. Hamad bin Khamis Al Amri, Under-Secretary for Labour Affairs at the Ministry of Manpower, will preside as guest of honour at the event to be attended by dignitaries and senior bank officials.

Customers maintaining a minimum balance of RO 1000 for 3 months get a chance to win the big quarterly prize of RO 50,000 each. The longer the saving, higher the chances to win. In all, 10 customers covering all the governorates, including one asalah Priority Banking customer, will win the quarterly prize of RO 50,000 each in the 2013 al Mazyona savings scheme offering a prize basket of RO 7 million.

al Mazyona reaffirms the bank's vision and constant efforts to fulfill the aspirations and ambitions of the largest banking family in Oman. The flagship savings scheme has won the hearts of people and succeeded in linking to various issues benefitting society. The bank attaches great importance to inculcating prudent savings and spending habits and has tailored al Mazyona scheme with this objective in mind. The series of big prizes from Bank Muscat is the major attraction of al Mazyona which offers fair and transparent winning chances for all segments of customers.

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ALIZZ ISLAMIC BANK REVIEWS CORPORATE OPERATIONS WITH FATWA & SHARI’A SUPERVISORY BOARD MEMBERS

Muscat, December 3rd 2013 – alizz islamic bank (SAOG), one of the first dedicated Islamic Banks in Oman, recently held its third Fatwa & Shari’a Supervisory Board (FSSB) meeting for the first time at the bank’s Head Office in Alizz Tower located in the Central Business District (CBD). The Board reviewed recommendations and agreements that aim to further develop the full range of Shari’a compliant banking solutions on offer.

The meeting was chaired by Sheikh Dr. Mohammed Abdul Rahim Sultan Al Olama and attended by Sheikh Dr. Osama Mohammed Saad Bahar and Sheikh Nasser bin Yousef bin Nasser Al Azri, in addition to Mr. Sufyan Maysara Yassin, Head of Shari’a Audit and Compliance at alizz islamic bank.

Jamal Darwiche, Acting CEO of alizz islamic bank said, “The recent successful launch of our operations has provided both the management and board with a solid foundation to evaluate current products’ performance and identify methods to meet all our customers Shari’a compliant banking needs. The Board’s in-depth discussions focused on enhancing and customising services and reviewed the bank’s corporate banking policies and procedures pertaining to our products and offerings.”

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Bank Sohar Lends Support to ‘Effectiveness of Breastfeeding Week’ in Saham

Muscat, December 03, 2013: Towards their objective of positively contributing to the public health sector and engaging with the community on healthcare related issues, Bank Sohar supported a week-long event organised by the Directorate General of Health Services - North Batinah on the effectiveness of breastfeeding.


The ‘Effectiveness of Breastfeeding Week’ was inaugurated by Sheikh Dr. Faisal Ali Al Zeedi, Deputy of Saham Wali while representing Bank Sohar was Ms. Naeema Al Farsi, Branch Manager of the Bank Sohar Saham branch. Held at the Hafeet Health Center in Saham from November 26 - 29, the event saw participation from a large number of locals, who learnt of the importance of breastfeeding, while highlighting the benefits it provides to both newborns and


Speaking about the significance of such events, Ms. Munira Abdulnabi Macki, DGM of Human Resources and Corporate Support at Bank Sohar, "As a part of our Corporate Social Responsibility initiatives, we believe that maintaining a healthy community will be possible when the private sector joins hands with the public sector and picks up pace to inform the people about the various attributes of public health. We are very pleased to have participated in this health week held in Saham in association with the Directorate General of Health Services where we were able to spread consciousness through education and information. At Bank Sohar we regularly collaborate with the healthcare sector to support an array of such events, and we will continue to pursue the same."

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Bank Sohar supports Special Olympics Organized by the Al Amal Association

Muscat, December 02, 2013: As part of its ongoing Corporate Social Responsibility program, Bank Sohar has for the second year running, extended its full support to the Al Amal Association.  The non-governmental organization, which is proactively engaged in uplifting people with intellectual disabilities in the Sultanate, will soon be organising a Special Olympics sporting event in the Sharqiya region.  A cheque, in support of the event, was handed over by Ms. Munira Abdulnabi Macki, DGM of Human Resources and Corporate Support at Bank Sohar, to Mr. Saleh Khamis Al Aghbari, National Director of Special Olympic & Board Member Al Amal Association & in the presence of Mr. Mazin Mahmood Al Raisi, AGM & Head Marketing & Publicity – Bank Sohar & Mr. Haitham M. J. Al Lawati, Board Member of the Al Amal Association, at the Bank’s premises.


“It is our strong belief that the people with intellectual disabilities can, with proper guidance and encouragement, enjoy and benefit from participation in individual and team sports” commented Ms. Munira Macki. “For individuals with intellectual disabilities, organizations like the Al Amal Association have long been their advocates. They have provided meaningful opportunities of empowerment through sports, travel and socialization. As a result of their efforts, today’s mentally and physically challenged Omanis have an opportunity to reach and exceed their potential for greatness.”

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ALIZZ ISLAMIC BANK OFFERS OMANTEL INNOVATIVE BANKING PRODUCTS

Muscat, December 01 2013 – alizz islamic bank, one the first dedicated Islamic banks in Oman, signed a Memorandum of Understanding (MoU) with the Oman Telecommunications Company (Omantel). Acting CEO of alizz islamic bank, Jamal Darwiche and VP Human Resources at Omantel, Dr. Ghalib bin Saif Al Hosni signed the MoU that will provide Omantel employees with innovative Shari’a compliant financial solutions.

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Bank Muscat ranked among 50 safest banks in emerging markets

MUSCAT, 1 December 2013 – Bank Muscat, the flagship financial services provider in the Sultanate, has won yet another prestigious global accolade to be ranked among the 50 safest banks in emerging markets. Over the years, Bank Muscat has been consistently ranked among the 50 Safest Banks in Emerging Markets by Global Finance.

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Bank Sohar to sponsor Al Ma's Excellence Awards

Muscat, December 01 , 2013: In line with the Royal vision of His Majesty Sultan Qaboos for the empowerment of Omani women, Bank Sohar continues to play a commendable part in the realization of this strategic national goal and be a leader in gender diversity; supporting women in the workplace, and in the community. To support this initiative, Bank Sohar will be sponsoring the upcoming Al Mar’a Excellence awards, to be hosted by United Media Services scheduled for December 04, 2013 at the InterContinental Hotel Gardens.

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Bank Sohar Receives Another Excellence Award

Wins Majestic Five Continents Award for Quality & Excellence in GenevaMuscat, December 01, 2013: Cementing their position as one of Oman’s top banks committed to excellence, Bank Sohar was awarded the Majestic Five Continents Award for Quality & Excellence by Otherways International Research & Consultants, in a glittering awards ceremony and gala dinner at Grand Hotel Kempinski in Geneva, Switzerland.

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Bank Muscat to select new batch for ‘Jesr al Mustaqbal’ scholarships

MUSCAT, 30 November 2013 - Bank Muscat, the flagship financial services provider in the Sultanate, has announced that the last date to submit applications by Omani youth belonging to social welfare families for ‘Jesr al Mustaqbal’ (Bridge to Future) higher education scholarship programme is 5 December 2013. 

Secondary school graduates from low-income families are eligible to apply for the scholarship to pursue undergraduate diplomas at selected colleges and universities. The study programmes offered are diploma in Banking, Accounting, Finance or Information Technology, with its duration not exceeding three and a half years. The sponsorship covers course registration, tuition fees, books and a monthly allowance.

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