News / Press Releases

Ahlibank Announces Q2 Millionaire Al Rabeh Savings Scheme Prize Draw Winner

1 July 2015
The Quarter 2 Ahlibank Al Rabeh Savings Scheme QAR 1 Million Prize Draw winner has been named as Mr Mohamed Fouad Alsaid Ali, an Egyptian citizen.
Mr Mohamed Fouad Alsaid Ali, said: “I still can’t believe what happened. I am still thanking God. This amount will definitely change my life. It will help me start building a new life, buy a new house and getting married. Ahlibank helped to change my life in a positive way”

The Al Rabeh Savings Scheme reward structure offers a range of cash prizes with 93 draws in 2015, including:
  • Every week, 10 customers win QAR 5,000 and 1 customer wins 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

Ahlibank’s Deputy CEO - Retail Banking, Andrew McKechnie, said, “This is a delightful story and highlights that just by saving bigger opportunities can come your way. The Al Rabeh Savings Scheme helps customers manage their savings with a chance to win cash prizes every week, month, quarter and annually (National Day draw) and retain flexibility to access funds when they need them. This 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 your balances held in Al Rabeh Savings Account and Certificates. Moreover, Al Rabeh Savings Account holders will earn interest on any balance above QAR 500. It was a pleasure meeting Mr. Ali today and be reminded how the Al Rabeh Savings Scheme can make a positive difference to the lives of our customers”

Hassan Al Frangi, Head of Retail Banking Services added: “As a trusted Qatari Bank, Ahlibank is delighted to announce Mr. Mohamed Fouad Alsaid Ali, as the winner of the QAR 1 Million Al Rabeh quarterly draw and I was delighted to meet Mr Ali to present his cheque and hear from him about how winning this QAR 1M prize will have a positive impact on his life, including his plans to get married and buy a new house. This an example of how Ahlibank serves customers and be at the heart of the community”

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). Customers with an Al Rabeh Savings Account have the chance to enter the weekly, monthly, quarterly and annual draws – 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.

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 or visit www.ahlibank.com.qa

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