BankDhofar unveils savings scheme for 2017

Business Saturday 14/January/2017 18:08 PM
By: Times News Service
BankDhofar unveils savings scheme for 2017

Muscat: BankDhofar has unveiled its new savings programme for 2017, increasing the number of winners and offering more valuable cash prizes in its weekly, monthly and quarterly draws.
Elaborating on the scheme, Faisal Hamad Al Wahaibi,chief retail banking officer at BankDhofar, said, “The new savings scheme for 2017 comes following the resounding success of the savings scheme last year, in which we saw an improved awareness and emphasis on the culture of saving. Today, we continue celebrating the success of the scheme, which comes within the framework of our concentrated efforts to enrich our customer experience and to reward those who save. We strive to provide the best services and products in the market, as our banking solutions are customised to suit customers’ needs and requirements. We did not only increase the number and the value of cash prizes this year, but also added customised winner categories and allocated prizes to cover all governorates and all branches in the Sultanate, ensuring more customers were included in the scheme.”
On his part, Khalid Rabia Al Amri,head of the branches network at BankDhofar, noted, “Like last year, prize draws will be conducted across BankDhofar branches in all governorates throughout the year. Every week, the draw will be conducted in one of the governorates and will exclusively include customers from that governorate, giving more customers the chance to win. The scheme will continue through December 2017 with the total value of weekly prizes reaching OMR750,000 for 750 winners, while the value of monthly prizes is OMR240,000 for 24 winners. For Al Riadah customers, the value of monthly prizes is OMR300,000 for 12 winners and the value of quarterly prizes is OMR200,000 for 4 winners.”
As per the prize draw scheme, BankDhofar customers who save a minimum of OMR100 in their accounts are eligible to enter the weekly and monthly draws, in which 15 customers will win cash prizes worth OMR15,000 (OMR1,000 for each winner) every week, while two customers will win OMR10,000 every month.
As for Al Riadah customers, one customer will win anOMR50,000 cash prize every three months, while one customer will win a OMR25,000 cash prize every month.
“The total value of cash prizes is OMR1,490,000, in which customers who save can enter weekly, monthly and quarterly draws (for Al Riadah customers). Every OMR100 saved by customers gives them one chance to win, and the more you save, the more chances you get,” said Al Amri.