27 Apr, 2008

Arab Bank has launched its new, enhanced Arab Bank Millionaire Program, branded as ‘Arab Bank Millionaire Savings Account ‘.

The new Account offers customers a compelling savings option and more chances to win Arab Bank Shares.

Through this unique scheme customers who maintain a minimum balance of JOD 200 in their savings accounts with Arab Bank will earn attractive returns on their savings and will also be entitled to enter regular draws to win Arab Bank Shares. Besides its regular prizes of 100 shares daily and 1000 shares monthly, the new scheme will give away 3000 shares every quarter in addition to conducting special draws to win more Arab Bank shares.

Commenting on the new program, Arab Bank Head of Retail Banking– Jordan Anton Lolas said: “the new product comes as a further enhancement to the popular Arab Bank Millionaire program which the Bank has launched in 2006 as part of a wide range of products launched to meet customers’ needs and expectations.

Lolas said the new Arab Bank Millionaire Savings Account is designed to give customers competitive interest rates on their savings and offer them more chances to win Arab Bank Shares. The interest rate and winning chances increase with the size of the savings. Customers will also have total freedom and flexibility to carry out all their banking transactions conveniently through this unique account and the services associated with it.

Arab Bank share is the leading stock in ASE, where the Bank’s shares constitute 40 percent of the total value of the market standing at JD24 billion.