BMI Bank’s Ayadi offers $1.9m prizes in 2014

PrintBahraini retail and commercial banking institution, BMI Bank’s Ayadi Savings scheme continues to get bigger and better with more rewarding features and benefits with each passing year. This year, Ayadi has opened more savings options for its customers with a bigger prize pool of over US$ 1.9 million with incredible opportunities to win 396 prizes. This will include 6 grand prizes, 300 monthly winners, 30 Ramadan prizes and 60 special cash prizes for students, to be given out throughout the year.

With the new and bigger prize structure, Ayadi will be giving away 6 three-bedroom A5 type ‘Al Yasmeen’ Diyar Homes Villas comprising of built up area of 255 sq. meters in one of the largest, up-and-coming residential communities in Muharraq, as grand prizes every two months. Additionally, five prizes worth US$ 500 each will be given out monthly to students who have an eligible Ayadi account with the Bank, while six monthly draws will be organized in 2014 to award one winner with US$ 5,000 and 49 winners with cash prizes of US$ 500 each. Moreover, special prizes of US$ 500 to be rewarded during the holy month of Ramadan have also been announced by BMI Bank for its Ayadi Savings Scheme customers.

This year, Ayadi also experiences a fresh brand identity with the introduction of a new logo that signifies the rich cultural heritage of Bahrain and draws inspiration from the traditional Eidiya gifted during Eid. The new design also signifies the growth and transformation of Ayadi and aims to enhance its appeal among customers.

Jamal-Ali-Al-Hazeem“Over a span of three years, our Ayadi Savings Scheme has grown rapidly as it has continued to serve the savings needs of our customers with long-term benefits and flexible returns. We have succeeded in inculcating a culture of future financial planning in the Kingdom and assisted our customers with value-added services to manage their savings and accounts effectively,” Jamal Al-Hazeem, Chief Executive Officer, BMI Bank said.

“As we have in the past, this year, we have refreshed our Ayadi portfolio to reach out to a wider customer base with exclusive prizes earmarked for youth, students and individuals. We have upgraded the savings scheme as per our investors’ requirements; to give each and every one of them a fair chance to realize their dreams through our customer-centric rewarding scheme.”

“Our aim is to give Ayadi investors the chance to win more grand and monthly prizes through our increased prize pool of over US$ 1.9 million. Whilst general eligibility for each grand prize is two months in advance; we have made an exception to the first grand prize to be given in March 2014 by offering an exclusive chance to all our customers to invest before 28th of February and increase their chance of being the first grand prize winner,” Al-Hazeem said.

To be eligible for the prize draw, customers can open an Ayadi Savings Account at any BMI Bank branch in Bahrain with a minimum deposit of BD 50. The Ayadi Savings scheme draws are overseen by representatives from the Ministry of Industry and Commerce (MOIC) along with the internal and external auditors and in accordance with Bahrain Banking and Chamber of Commerce laws.

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