Bank Muscat launches Woqar banking package for pensioners – Times of Oman

Bank Muscat launches Woqar banking package for pensioners – Times of Oman

Muscat: In line with its commitment to financial inclusion and provision of banking facilities to all segments of society, Bank Muscat, the leading financial services provider in the Sultanate, has announced the launch of Woqar banking package for pensioners.

The package provides a range of banking facilities and services which can be used to meet their needs during retirement. It will allow them to live life with dignity on their terms, allowing retirees to enjoy a financially secure life.

The products launched under Woqar package include flexible-term soft loans for a period ranging from one to 10 years and credit cards based on the value of the pension. Woqar products are available to those under the age of 65 years and have been launched as part of the bank's vision, 'To serve you better, everyday' and to provide banking and financial products and services to different segments of customers in line with the bank's values of leadership, partnership and innovation.

Abdullah Tamman Al Mashani, Deputy General Manager - Institutional Sales & Products Development, said: "Bank Muscat is delighted to extend financing to pensioners and meet their financial requirements and needs. As the nation's leading financial services provider, Bank Muscat attaches great importance to