All the major local banks in the Sultanate seem to be wooing depositors
with Mega Prize Schemes. What are the schemes you have? Kindly give us the details.

National Bank of Oman (NBO) is offering the best prizes for its depositors under its Al-Kanz Scheme, which none of the other banks in Oman have as yet offered. The salient features of the
scheme are: -

1) December -2009 Mega Pri ze:
RO 500,000

Eligibility: Customers need to maintain
minimum monthly average balance of
RO 1,000.

2) MONTHLY GRAND PRIZES:
RO 125,000

• July RO 125,000
• August RO 125,000 (will be an nounced on Sept 13, 2009)
• October RO 125,000
• November RO 125,000

Eligibility: Customers need to maintain
minimum monthly average balance of
RO 1,000.

3) MONTHLY BRANCH WISE
DRAWS:
RO 1,000

Every month, one guaranteed winner of RO 1,000 from each NBO branch. Eligibility: Customers need to maintain minimum monthly average balance of RO 100.

4) DAILY SCRATCH & WIN:
Those customers who will open the Al- Kanz account with minimum deposit of RO 3,000, they will be entitled for Scratch & Win Prizes which includes Assorted Watches, Leather Wallet, Aud/
Perfumes, Cross Pen Set and much more.RO 100. Draws will be held weekly (125 winners
of RO 500 every week).

6) LOYALTY PROGRAMME:
The earlier the customer comes aboard, the longer the customer stays, the higher the chances of winning Monthly, Grand and Mega Prizes.

• If a customer is maintaining an Al Kanz Deposit of RO 1,000 from July 2009, he/she will get chances to win equivalent to RO 6,000 in December 2009.

• If a customer is maintaining an Al Kanz Deposit of RO 10,000 from July2009, he/she will get chances to win
equivalent to RO 60,000 in December
2009.

• If a customer is maintaining an Al Kanz Deposit of RO 50,000 from July 2009, he/she will get chances to win equivalent to RO 300,000 in December 2009.

• If a customer is maintaining an Al Kanz Deposit of RO 100,000 from July 2009, he/she will get chances to win equivalent to RO 600,000 in December 2009

Are more Omani citizens saving money in banks now because of these schemes?

Yes. The mass retail segment and high net worth individuals (HNWI’s) are finding ways and avenues to invest their money with the primary objective of safety and return. Since, these savings schemes are offering the quickest way to earn big money as well as keeping
their capital 100% secured, a significant number of Omani citizens are attracted and saving money in these schemes.

What about the expatriate residents?

Are they also encouraged by the prize schemes to open savings account in your bank? Absolutely. both Omani citizens as well as Expatriates are eligible to open Al Kanz Accounts at NBO. In fact, many expatriates have won fabulous prizes under the bank’s Al-Kanz Saving Scheme.

Does you bank offer interest of savings
accounts? If not, why?

Yes. We do offer interest bearing savings accounts but they are not included in the prize draws.