MUSCAT: Bank Sohar has always advised and encouraged the habit of saving within the community by launching and promoting its Al Mumayaz Savings Scheme year after year.

To further incentivise this, the bank continues to awards savers with fabulous prizes such as the RO1,000 hourly draw that has now been awarded to a record milestone of over 2,000 winners; a number that has been steadily growing since the draw’s introduction into the scheme in 2013.

The hourly prize draw has been steadily growing in popularity since its introduction into the savings scheme two years ago and has since witnessed over 2,000 winners across the bank’s 26 branches; averaging over 35 winners per branch in 2014 alone.

To celebrate this milestone event the bank organised a special cake cutting ceremony at the recent press launch of the 2015 Al Mumayaz saving scheme held at Grand Hyatt Muscat.

The cake was cut by members of the executive management at Bank Sohar including Rashad Ali al Musafir, the acting CEO; R Narasimhan, DGM and head of retail banking; Munira Abdulnabi Macki, DGM of human resource and corporate support; Khalfan Rashid al Taley, DGM and head of operations; Salim Khamis al Maskeri, senior AGM of branches; Khamis Masoud al Rahbi, AGM of branches; and Mazin Mahmood al Raisi, AGM and head of marketing and publicity.

“We have always encouraged the habit of saving while we reward as many of our customers for doing so. The hourly prize draw is a unique draw exclusive to Bank Sohar that was conceived especially for this purpose,” said Narasimhan, commenting on the landmark event.

“With over 2,000 winners across our entire branch network and counting, the family of hourly winners keeps getting bigger with each passing day. This year alone we will witness over 900 winners that will be added to the lucky winners list.”

Following the success and popularity of last year’s savings scheme, Bank Sohar has revised the new scheme to provide even better incentives to save by offering significantly more chances, more winners and more prizes.

In addition to continuing with its hourly prize draws each day from Sunday to Wednesday, the bank will also witness over 80 winners throughout the year as part of its monthly draws.

SOURCE: Muscat Daily