HSBC Bank Oman launches 2014 Mandoos savings scheme

HSBC Bank Oman S.A.O.G. announced the launch of its new 2014 Mandoos Savings Scheme reward structure to offer customers enhanced cash prizes including the newly-introduced OMR 1 million grand prize, shared by 10 lucky customers at the end of the year. The new Mandoos Scheme will also see 30 customers winning OMR 1,000 each every month, and 4 customers winning OMR 50,000 each, in both March and June.

Abdul Qader Al Sumali, Deputy General Manager of Retail Banking and Wealth Management at HSBC Bank Oman said, “Since May of last year, the Mandoos Savings Scheme has strategically complemented the wide range of retail banking products and services we offer and has substantially enriched the customer banking experience. We have redesigned the scheme to give customers more chances to win the grand prize. We have also made it easier to join Mandoos by allowing new customers to apply for the account online and enabling existing customers to open a Mandoos account through Personal Internet Banking from the comfort of their homes. Alternatively, customers can also open a Mandoos account by visiting any of our branches across the Sultanate.”

He added, “The new Mandoos scheme is both fair and simple and is part and parcel of HSBC Bank Oman’s Retail Banking and Wealth Management strategy that aims to help people fulfil their hopes and dreams and realise their ambitions.”

Mandoos is a non-interest bearing savings account that requires customers to maintain a minimum account balance of OMR 100 for one month to be eligible for all prize draws including the grand prize. In addition, every OMR 100 deposited into the customer’s Mandoos account will grant one additional entry into each draw.

HSBC Bank Oman is committed to connecting customers to opportunities and currently serves more than 300,000 retail customers and 10,000 corporate clients through more than 80 branches and over 120 ATMs spread across the country. Customers can benefit from a comprehensive suite of local and international products and services designed to fulfil all their banking and financial needs.