Haitham Haji has won the grand prize of BD50,000 as part of Khaleeji Commercial Bank’s (KHCB) Al Waffer scheme.
KHCB chief executive Sattam Sulaiman Al Gosaibi handed over the cheque to Mr Haji in the presence of retail banking assistant general manager Mazen Salman Sater.
A monthly salary of BD500 for five years will be awarded to participants in April, May, July, August, October and November, while the grand prizes will be distributed to winners in March, June and September, as part of the scheme.
This edition of the scheme will conclude with a lucky winner of BD100,000 in cash and a monthly salary of BD1,000 for 10 years.
Al Waffer is an unrestricted investment account that offers holders monthly, quarterly and annual prizes on their investment.
The minimum deposit needed to open an account is BD25, which equates to a raffle ticket for the periodic draw. The total value of prizes this year exceeds $2 million.