05 Apr 2015
Manama, Bahrain– 05 April 2015: Five Ithmaar Bank customers will each have their next twelve months’ personal finance instalments paid for them by the Bank as part of the recent “Win back your instalment” promotion.

The promotion was valid until 4 March, and the draw was held at the Ithmaar Bank headquarters in Seef on 16 March under the supervision of the Ministry of Industry and Commerce, internal auditors and external supervisors BDO (Bahrain).

The winners, Kawthar Husain Jasim Alsaadon, Salman Abdulla Mohamed Almoalem, Nabeel Malalla Mohamed Abdulla, Ahmed Muttaleb Aswad Aswad and Salman Habib Salman Husain Jawad, were formally informed about their prizes by the Chief Executive Officer, Ahmed Abdul Rahim, in the presence of Ithmaar Bank General Manager, Retail and Private Banking, Abdul Hakeem Al Mutawa and other senior executives. Abdul Rahim congratulated the winners and wished them continued luck and good fortune.

“It is a pleasure to be able to contribute in such a direct way to improving our customers lives,” said Al Mutawa. “This latest promotion is one of the many ways we try to grow closer to our customers by listening attentively to their needs and developing products and services that meet their specific demands,” he said.

Following the draw, Ithmaar Bank will, for each of the five winners, deposit their instalment amount every month for the next 12 months after which each customer will continue paying their instalments normally until the end of their financing period. In addition to the chance to win the instalments, Ithmaar Bank customers who participated in the personal finance promotion also enjoyed a free one-month grace period, one of the lowest financing rates, tenor periods of up to 84 months and an optional grace period of an additional two-months.

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