Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, has announced it will stage three grand prizes to be awarded consecutively to winners of its Al Waffer account before the end of the year.
A raffle featuring a cash prize of BD100,000 will be held for October and another BD100,000 raffle for November. This edition of the promotion will conclude with a raffle for the final grand prize of BD250,000 for the month of December.
The KHCB initiative aims to reward its clients for their trust in the 'Al Waffer' account, the bank says. Acting head of retail banking Abdulnasser Al Rayes added: "Our valued clients are the source of our inspiration and the pillar of our operations. Therefore, we are constantly seeking to exceed their expectations.
“The Al Waffer account has been the best saving option for many, owing to its competitive advantages and especially the exceptional prizes that we are keen to develop every year to meet the aspirations of our valued clients. And, after 11 years since the launch of this account, we found no better way to celebrate with our clients than to surprise them with the announcement of these consecutive grand prizes. We wish everyone all the best in the upcoming raffles.
“Al Waffer account’s success in 2020 is attributed to the loyalty of our clients and their confidence in KHCB’s products. This has been reflected through increasing interest in the account during this year, which was initially launched with the purpose of changing our clients' lives for the better and making their dreams come true. Also, the announcement of the three grand prizes comes as a token of our gratitude and appreciation of their trust. I would like to take this opportunity to invite all our clients to increase their investments in the Al Waffer account for more chances to win one of these valuable prizes."
It is worth noting that the Al Waffer account is offering 'exceptional benefits' this year, he added, to make it easier for clients to win one of its grand prizes, where they can obtain double points towards the raffles on the condition that they commit to increasing their deposits and not make any withdrawals within 90 days before the date of the raffle. Moreover, KHCB has inaugurated the 'Al Waffer Club' which is a rewarding loyalty programme that grants exclusive monthly prizes to members whose balance exceeds BD5,000.
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