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Tribune News network
Doha
Commercial Bank has announced the name of the lucky customer who won QR1 million in the grand prize draw of the bank's Save & Win campaign.
Raymond Frangieh was awarded the QR1 million prize by the Group CEO Joseph Abraham, at a special ceremony held at the Doha Festival City, Commercial Bank said in a statement on Saturday.
Frangieh has been a Commercial Bank customer for 10 years.
Abraham said,"Commercial Bank's Save & Win campaign is all about encouraging our customers to save. As a responsible bank, we want to promote good financial management in Qatar.
"We also want to reward our loyal customers for banking with us. Hundreds of our customers have received cash prizes throughout the year, which is fantastic."
The grand prize of QR1 million concludes the campaign, throughout which Commercial Bank has awarded a total of 365 cash prizes to customers exceeding QR3.2 million in cash prizes.
Amit Sah, Head of Retail Banking at Commercial Bank said,"To qualify for the grand prize draw of QR1 million, customers had to maintain a minimum average account balance of QR10,000 for three consecutive months in order to earn an entry coupon into the draw.
"This meant that the more money customers saved, the greater their chance of winning a cash prize. Helping our customers save, invest and manage their wealth is core to our value proposition, and we have an ever-increasing number of qualified wealth management professionals to help our customers achieve their goals".
Frangieh said,"First of all this prize has come as a complete surprise! I knew that I may be eligible for one of the Save & Win cash prizes, but I had no idea I would win such a large amount. I am looking forward to invest the money with Commercial Bank."
