Business & Money | Tuesday 25 February, 2020 4:38 pm |

CBI rewards more than 1,300 customers with AED 8 million rewards to date

Mustafa Kameran Maaroof from Iraq wins AED 1 million prize, Charu Garg from India wins AED 100,000 prize

 

 Commercial Bank International (“CBI”), a corporate and retail bank headquartered in Dubai, has announced Mustafa Kameran Maaroof and Charu Garg as the winners of the latest Mabrook prize draw.

 

Since 2015, CBI has rewarded more than 1,306 loyal customers with a total of AED 8 million in prizes with the latest draw it held in February. Mabrook draws aim at rewarding CBI loyal customers holding a minimum deposit of AED 1000 through a Mabrook savings account. Customers will be automatically enrolled in the quarterly and annual draws with the chance to win AED 100,000 and AED 1 million, respectively

 

Mustafa Maarouf, an Iraqi student, was the lucky winner of the grand yearly prize of AED 1 million for 2019. Charu Garg, a businesswoman from India, was the winner of the AED 100,000 quarterly prize.

 

Hassanain Ali, Head of Retail Banking Group, said: “We would like to congratulate our winners. The Mabrook Savings scheme continues to offer customers significant advantages, including free life insurance a free international debit card, making it one of the most competitive saving schemes in the UAE.”

 

“We offer our loyal customers four chances to win AED 100,000 plus a grand prize of AED 1 million every year. The bank will continue to hold these draws as part of its ongoing strategy to promote positive financial habits, and we look forward to congratulating more lucky winners.” He added.

About Commercial Bank International (CBI)

CBI is a UAE based corporate and retail bank, with a growing Islamic banking business.

The Bank was incorporated in 1991 in the Emirate of Ras Al Khaimah and is headquartered in Dubai. 

CBI shares are listed on the Abu Dhabi Securities Exchange (ADX) and the Bank has a long-term issuer default rating of BBB+ and a short-term issuer default rating of F2 from Fitch Ratings. CBI is regulated by the Central Bank of the UAE and the Securities and Commodities Authority of the UAE (SCA).

CBI is majority owned by UAE shareholders and Board members are majority UAE nationals, led by our Chairman, Mohammad Sultan Al Qadi.

CBI offers a comprehensive portfolio of banking products, as well as tailor-made financial solutions in corporate, Islamic and retail banking; ranging from lending, trade services, cash management and treasury solutions to personal account services and credit cards.