Following the grand launch that took social media and the streets of Kuwait by storm, Mrs. Haneen Al-Rumaihi, Assistant General Manager – Retail Banking at ABK gave us the details that we needed to dream big with Al Ahli Bank of Kuwait.
What is the Alfouz draw account and what are the benefits of this account?
The Alfouz draw account is the first account of its kind. It gives customers the opportunity to win KD 10,000 weekly, which is the biggest weekly prize in Kuwait. The account offers a unique annual prize, which is a KD 5,000 monthly salary for 10 years.
Who is the targeted customer of this account?
Everyone can open an Alfouz draw account, whether they are existing customers of Al Ahli Bank of Kuwait or new customers and is available to all individuals of every age.
What is the minimum amount required to open an Alfouz draw account?
KD 100 is the minimum amount required to open an Alfouz draw account. This gives the customer a chance to enter the draw. Every KD 100 represents one chance. It can also be used as a savings account.
What was your motive for launching the Alfouz draw account, and how did its idea materialize?
I can say that the global epidemic was one of the reasons that motivated us to expedite the launch of this account. It changed people’s consumption habits, making security and financial stability the top priorities for every family. As one of the leading banks, we felt obligated to encourage customers to save and even reward them for this.
How will you conduct the Alfouz draws?
All draws will be conducted under the supervision of a representative from the Ministry of Commerce and Industry. An external auditor will also be appointed to ensure the highest degree of transparency when announcing the names of the winners.
Most of the local banks offer an account for prizes, what distinguishes the Alfouz draw account?
The Alfouz draw account has several advantages, the most important of which is the KD 100 minimum amount to open the account. This makes the account accessible to all segments of society and individuals of all ages. In addition to the weekly prize, which is the highest in Kuwait, there is also the annual prize of KD 5,000 monthly for 10 years, which provides customers safety and peace of mind for the future, completely changing the life of the winner.
Are there benefits or a loyalty program?
Yes, and it is very simple, but very motivating, since all entries for prior months in the draw schedule are aggregated in the annual draw. Therefore, the more and longer the customer saves, the higher the chances of entering the annual draw.
For more information about ABK, please visit eahli.com or contact an ABK customer service agent via ‘Ahlan Ahli’ at 1899899 and follow the bank’s socials @Abk_Kuwait for their latest updates.