News / Press Releases

Ahlibank Announces Al Rabeh Savings Scheme Q4 2015 Millionaire Prize Draw Winner

6 January 2016
Ahlibank’s Al Rabeh Savings Scheme QAR 1 Million Prize Draw winner for Q4 2015 has been named as Mrs. Zahra Habeeb A. Muhsin, a Qatari citizen.
Mrs. Zahra Habeeb A. Muhsin, said: “I still can’t believe what happened. I was driving when Ahlibank called and informed me that I won the QAR 1 Million Prize! I opened my account in 2000 as did all my family. When my friends heard last week about my prize they immediately went to open Al Rabeh Savings accounts for themselves at Ahlibank. This win of QAR 1 Million will definitely change my life and I will reinvest my QAR 1 Million winnings back into Al Rabeh to increase my chances of winning in the future.”

Ahlibank’s Deputy CEO - Retail Banking, Andrew McKechnie, said, “I would like to congratulate Mrs. Zahra Habeeb A. Muhsin and am delighted that Mrs. Zahra intends to re-invest her winnings in Al Rabeh. This is a significant endorsement of the Al Rabeh Savings Scheme, from a long standing and valued customer for Al Rabeh, which is a truly unique product in Qatar, as only Qatar residents are eligible.”

McKechnie further added: “The Scheme is available in a range of currencies including; QAR, USD, GBP and Euro and an overdraft facility is available for up to 90% of balances held in Al Rabeh Savings Accounts and Certificates. Moreover, Al Rabeh Savings Account holders will earn a market leading interest on any balance above QAR 500.”

Hassan Al Frangi, Head of Retail Banking Services added: “As a trusted Qatari Bank which is at the heart of the community, we are delighted to announce Mrs. Zahra Habeeb A. Muhsin, a long standing customer of our newly renovated Old Airport Branch, as the winner of the final QAR 1 Million Al Rabeh quarterly draw for 2015. In addition, I was delighted to meet Mrs. Zahra to present her the cheque.”

Ahlibank customers are eligible for entry into the Prize Draw by depositing QAR 500 for a minimum of 7 days in either an Al Rabeh Savings Account or by investing in a Savings Certificate. (This is the shortest qualifying period and the lowest balance required for a bank prize draw of this kind in Qatar). Customers with an Al Rabeh Savings Account have the chance to enter the weekly, monthly and quarterly– with an additional Prize Draw entry for each QAR 500 invested. They also enjoy regular interest on their savings - the highest interest rate compared to similar Savings Schemes of this type. Additionally, customers can take part by purchasing Al Rabeh Savings Certificates in QAR 500 units from any Ahlibank branch. Every QAR 500 represents a chance to win under the scheme.

To save and win big with Al Rabeh Savings Scheme, visit any of the 16 Ahlibank branches located across the country with a valid Qatari ID or passport. To learn more about the Al Rabeh Savings Scheme please visit one of our branches, contact the Ahlibank 24/7 Contact Centre by calling 4420 5222

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