News / Press Releases

Ahlibank launches its new Al Rabeh savings scheme with a total prize pool of QAR 12 Million

Al Rabeh Savings Scheme reward structure offers customers enhanced cash prizes including;

• Every week, 10 customers will win QAR 10,000, each and every month
• 15 customers will win QAR 20,000 each. Apart from this
• 2 customers stand to win QAR 100,000 each in the grand monthly draw
• The main highlight of the Scheme is the QAR 1 million cash prize that is on offer every three months in the quarterly draw.

Since the Al Rabeh Savings Scheme is designed exclusively for the Qatari market, customers in Qatar now have a better chance of emerging as winners in the Al Rabeh draws.

Ahlibank Deputy CEO – Retail Banking, Mr. Andrew Mckechnie said: "We are extremely pleased to launch the Al Rabeh Saving scheme for 2014, with a wider pool of prizes and we are delighted to offer our valuable customers the opportunity of winning these prizes. Apart from its popularity, the new Al Rabeh Savings Scheme is designed exclusively for customers in the Qatari market and also encourages people to save, a habit we wish to promote amongst the citizens of the State and the future generations of Qatar. At Ahlibank, we always strive to enhance our products and services for our customers and the newly launched Al Rabeh Scheme is one of the many initiatives we have undertaken to achieve this objective."

He added: "At Ahlibank, we are always committed towards rewarding our customers' loyalty with unique benefits and privileges. Al Rabeh Savings Scheme is a natural outcome of our endeavor to satisfy the savings objectives of our ever-expanding clientele in Qatar. We consider ourselves to be trustworthy and dependable partners of our customers and hence we are more than ever committed towards playing a very active role in helping them transform their dreams into reality. Moreover, with a draw entry based on just a QAR 500 saving we are determined to ensure that all the income segments, from low to high, have an equal opportunity to realize their life dreams."

To subscribe in Al Rabeh Savings Scheme, customers can either open an Al Rabeh Savings Account or purchase Al Rabeh Savings Certificates that requires customers to maintain a minimum account balance of QAR 500 for 7 days to be eligible for the weekly prizes draw and 2 weeks to be eligible for monthly and quarterly prize draws. In addition, every QAR 500 deposited into the customer's Al Rabeh account will grant one additional entry into each draw. Customers will also earn interest on the savings maintained in the account.

Every QAR 500 saved in the Al Rabeh Savings Scheme will fetch one entry to the Al Rabeh draws. Hence, the more you save, the more chances you will get to become a millionaire.

MyHassad Savings Scheme, the predecessor of the Al Rabeh Savings Scheme, turned out to be a life changing opportunity for many customers who transformed themselves into millionaires with a saving of just QAR 500. Launched in 2006, it helped many customers to realize their varied dreams, whether it was purchasing a dream home, giving their minor access to premium higher education or taking families on fairytale vacations. The Al Rabeh Savings Scheme has been designed with much better benefits and advantages. It offers cash prizes, ranging from QAR 10,000 to QAR 1 million. With a total prize pool of a phenomenal QAR 12 million, customers are destined to reap even higher rewards.

To save and win big with Al Rabeh Savings Scheme, all customers need to do is visit any of the 17 Ahlibank branches spread across the country with their valid Qatari ID or passport. To know more about how one can save and win millions with the Al Rabeh Savings Scheme, customer can either call the Ahli Contact Center on 800 2222 or visit www.ahlibank.com.qa

Ahlibank is committed to connecting customers to opportunities and currently serves more than 100,000 retail customers through 17 branches and over 49 ATMs spread across the country. Customers can benefit from a comprehensive suite of products and services designed to fulfill all their banking and financial needs.