News / Press Releases

Ahlibank offers more cash prizes and 5 chances to become a millionaire in 2015 through Al Rabeh Savings Scheme

24 March 2015
Al Rabeh, Ahlibank’s market leading Savings Scheme and Prize Draw will create 5 new millionaires in Qatar during 2015. 469 cash prizes ranging from QAR 5,000 to QAR 1 million will be presented during 2015 - weekly, monthly, quarterly and on National Day to eligible Al Rabeh Savings Account and Al Rabeh Savings Certificate holders. The next QAR 1 million Prize Draw will take place on March 25th and will be advertised on March 29th with further millionaire winners being announced each quarter and additionally to celebrate National Day.
Both Ahlibank customers and non-customers are eligible for entry into the Prize Draw. For every QAR 500 deposited in an Ahlibank Al Rabeh Savings Account and issuing Al Rabeh Saving Certificate from AhliBank . (This is the lowest Prize Draw entry level in the Qatari market and you only need to hold an Al Rabeh Savings Account or Al Rabeh Savings Certificate for 7 days to qualify).

Ahlibank’s Deputy CEO - Retail Banking, Andrew McKechnie, said, “Al Rabeh Savings Scheme provides a safe and secure opportunity to save whilst also providing a chance of entering a ‘winning’ Prize Draw. As a community bank we have created a ‘best in class’ Savings Scheme and Prize Draw exclusively for Qatar residents. Al Rabeh Savings Scheme delivers a simple, accessible savings opportunity with the highest paying interest rate in the market - we’ll be presenting over 460 prizes this year too, more than ever before. Cash awards of this size can be truly life changing for our winners and we are delighted to provide such opportunities through Al Rabeh Savings Scheme. ”

The Al Rabeh Savings Scheme reward structure offers a range of cash prizes with total 93 draws in 2015, including:
  • Every week, 10 customers win QAR 5,000 and 1 customer, will win QAR 15,000 in a grand weekly draw
  • Every month, 3 customers win QAR 100,000 in the grand monthly draw
  • Every quarter, 1 customer wins QAR 1 million in the quarterly draw
  • Every year to mark National Day a further QAR 1 million winner is announced

Of the many benefits some of the key features are:
  • Al Rabeh Savings Scheme is the only savings product in Qatar that is exclusively designed for Qatar residents
  • Customers earn the highest interest rate on Prize Draw Savings Schemes in Qatar
  • It has the lowest minimum balance required to enter a banking Prize Draw Savings Scheme in Qatar making winning accessible to all
  • It has the shortest qualifying period for a banking Prize Draw of this kind (7 days), with the added benefit that the customer can withdraw their money at any time and without any financial penalty.

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 contact 4420 5222 or visit www.ahlibank.com.qa

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