KuwaitPR.com, Online Press Release from Kuwait
 
Business, Banking, Investment, Insurance(Banking & Investments)
Filter PR by
  
KIB announces winners of Al Dirwaza account's monthly and weekly draw - w1
 
KIB announces winners of Al Dirwaza account's monthly and weekly draw - w1

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns

Kuwait, 6 June 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The monthly and weekly draw, based on customers’ May deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. Hamdi Alfatihi Basyoni Sadiq and Shaikhah Khaled Mohammad Alholi were named the lucky winners in the monthly draw, with each customer walking away with a prize of KD 5,000. As for the weekly draw, the KD 1,000 prize was awarded to Nayef Ghazi Hussain Almutairi, Brajendra Kumar Agarwal, Mashael Sabah Mezel Aleneze, AbdulHamed Ibrahim Taher Altaher, Basem Mohammad Soubat Alfadhli, whilst the KD 500 prize was awarded to Adham Abbod Alabdalrahiem, Aesha Motlaq Ali Alnesafi, Taleb Hussain Ali Jraq, Muneerah Faisal Buti Alajmi, Mohammad Khaled Ahmed Alfalakawi, Aeshah Mohammad Abdulqader, Rashad Mahmoud Abdelhafed Ahmed.

It serves to note that Al Dirwaza account is a savings account for individual customers, based on the Wakala investment principle, launched by KIB as one of its banking products for individuals. The account is currently the best of its kind in the sector, with annual expected profits of up to 2% disbursed on a monthly basis, where the customer gets an expected profit of 2% for the first 3 months from the account opening date and up to 1% expected rate onward. The expected profits are automatically deposited into the customer's account within the first day of the beginning of each month. 

Al Dirwaza account holders are eligible to enter the weekly, monthly and annual draws on the condition of maintaining at least KD 100 in their account. For the weekly and monthly draws, each KD 1 that has completed a full month’s cycle in the account will count for one chance, and chances are calculated based on the lowest monthly balance preceding the draw. As for the mega draw, chances are calculated for each KD 1 that completes a two-month cycle in the account – based on the lowest two monthly balances prior to the draw.

Al Dirwaza account is also in compliance with the provisions of Islamic Sharia and approved by the KIB’s Sharia Supervisory Board. Furthermore, the account comes with a wide range of benefits, including the ease of opening the account, which does not require a salary transfer, and the customer’s ability to open it remotely without visiting a branch through KIB Online on the Bank’s website or KIB Mobile application on smartphones.

Additionally, Al Dirwaza account automatically grants customers instant issuance of an ATM card, with a KD 2,000 ATM daily withdrawal limit, as well as the ability to issue credit cards against the cash collateral in the account. To open the account and participate in its draws, a minimum of KD 100 is required and can only be withdrawn upon account closure.

Posted by : Kuwait PR Network Editorial Team
Viewed 6728 times
PR Category : Banking & Investments
Posted on : Friday, June 7, 2024  8:13:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of KuwaitPR.com.
Previous Story : Ooredoo Kuwait Commemorates World Environment Day with Campa...
Next Story : Burgan Bank Appoints Mishary Al-Essa as New Deputy General M...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Slay the sun-kissed girl makeup look: Your Ultimate Guide [37379-Views]
Catrice Cosmetics Introduces the Clean Girl Makeup Look with New Essentials! [35821-Views]
Catrice Unveils the Spring/Summer 2024 Collection: Introducing Shine Bomb Lip Lacquer! [27133-Views]
Ogilvy Appoints Antonis Kocheilas Global Chief Transformation Officer [26778-Views]
Unleash Your Inner Royalty with "Call me Queen" Dramatic False Lash Effect Mascara by esse... [22225-Views]
POCO Sets New Standard with Global Launch of F-Series in Dubai [21838-Views]
Ground Handling Priorities: Safety, Global Standards and Sustainability [20007-Views]
Panasonic Announces FY24 Business Strategy For Sustained Growth in Middle East and Africa [18333-Views]
WFP News Video: WFP Warns Unprecedented Drought and Floods Causing Surge in Climate Related Hunger [15964-Views]
Hunger Hotspots Report: Famine Looms In Gaza While Risk Of Starvation Persists In Sudan, Haiti, Mali... [15897-Views]
Urgent Call To Action To Address Historic El Niño Drought In Southern Africa [15222-Views]
Air Cargo Demand Continues Strong Growth into Q2 [14788-Views]
IATA SAF Registry [13485-Views]
Last-Minute Eid Shopping With Max Fashion's New Collection [11723-Views]
Kuwaiti Prime Minister receives HE Al Zeyoudi during 'UAE Companies Investment Meet' to enhance bila... [7419-Views]
Ajmal Perfumes Unveils Eau D'Oud- A New Standard of Elegance and Luxury [6037-Views]
AIDA-2024 discusses the uses of AI in medicine and cosmetic surgery [5656-Views]
Huawei's Brand-new Painting App, GoPaint, Will Be Released Soon, Bringing You a Delightful Creation ... [5054-Views]
Kuwait Dental Association (KDA) Launches Awareness Campaign to Tackle Oral Disease, Promote Preventi... [4866-Views]
KIB reports a successful start for 2024 with Life Academy's human capital development programs [4615-Views]
 
RSS Facebook Twitter LinkedDin KuwaitPR.com on Instagram
 
Top Sections
 
Top Stories