CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Commercial Bank savers win QR295,000

Published: 25 Mar 2018 - 10:26 am | Last Updated: 05 Nov 2021 - 07:08 pm
Commercial Bank officials with one of the winners of “Save & Win Campaign.” Pic: Salim Matramkot/The Peninsula

Commercial Bank officials with one of the winners of “Save & Win Campaign.” Pic: Salim Matramkot/The Peninsula

The Peninsula

DOHA: Commercial Bank customers won QR295,000 at the “Save & Win Campaign” that rewards savers with 365 cash prizes throughout the year, including a QR1m grand prize draw.

February marked the Save & Win Campaign’s half waypoint and second quarterly draw, where two customers won QR50,000 and another two won QR30,000 each.

In addition to the four quarterly winners, the 29 regular monthly winners for February were announced, taking the total of cash prize winners to 182 since the campaign was launched in September 2017.

All winning customers were selected by an electronic draw, with the monthly winners comprising of five customers winning QR10,000, ten customers winning QR5,000, and fourteen customers winning QR2,500.

Amit Sah, Commercial Bank EGM, Consumer Banking, said: “Save & Win is our way of saying thank you to our customers while encouraging them to save for the future. We’ve had a great experience over the last six months spending time with our customers at the monthly prize-giving ceremonies.

“We’ve given away 182 cash prizes so far with a number of customers winning more than once and we still have more prizes to give away in the next six months, plus the QR1m grand prize.”

All Commercial Bank customers with a minimum average balance of QR10,000 each month in their basic Current or Saving account are automatically entered into the monthly draw.

The more customers save, the greater their chance to win one of 365 cash prizes, as each QR1,000 qualifies for an entry coupon into an electronic draw. In addition, customers can earn double coupons for every QR 1,000 average balance incremental vs the previous month, thus improving their chances to win.