ADIB launches AED10 million Ramadan giveaway for Ghina account holders

Abu Dhabi, [17] June, 2015: Abu Dhabi Islamic Bank is offering AED10 million in cash prizes for a special daily draws over the holy month of Ramadan for anyone who has a Ghina savings account, including new applicants.

The special draws of AED 500,000 each will take place every weekday from Sunday 21st June, and are open to anyone who already has an Ghina savings account or who opens an account during the period.

New Ghina customers will enter the daily draws immediately the day after their account is opened. Existing account holders will be automatically included in the promotion, and will be given an additional entry for every AED 20,000 they deposit in their account during the draw period.

The winner of each draw will be announced the following day during Iftar, via various TV and media channels.

Daffer Faroq Luqman, Global Head of Liabilities and Wealth Management ADIB commented, "Ramadan is a time for reflection and self-improvement as people review their current habits and make lifestyle changes to benefit their families and loved ones. At ADIB, we are encouraging people to put aside a reasonable proportion of their monthly income as savings, firstly to deal with any unforeseen circumstances that may occur, and secondly for the long term - for children's education, and for retirement. We hope that our Ramadan Ghina promotion will encourage more people to sign-up for our award-winning Ghina savings account, which not only gives everyday benefits to savers, but provides real incentive to customers to continue saving through its regular cash prize draws."

The ADIB Smartmoney survey shows that working adults in the UAE save on average 18 percent of their total income, more than in most developed countries. But respondents said they wanted to save much more.

The Ghina Savings Account was voted the "Best Savings Account" in the UAE by Banker Middle East Product Awards. Holders of the Ghina account benefit from chances to enter fortnightly draws worth AED10,000, and a draw for AED 3 million held every four months. Account holders also earn profit rates and access to their funds at any time via ATM, branches and digital channels. Customers can also monitor their balance and number of valid draw entries via SMS and the ADIB mobile banking App

For more information on the Ramadan edition of Ghina please visit www.adibramadan.com

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