The promotion provides account holders the twin benefits of earning high profit rates, as well as opportunities to win prizes in three raffle draws.
The promotion runs from February 8 - May 31, 2009 and the prizes include three Mercedes E230 Avantgarde Sports cars, 15 Home Centre gift vouchers, and 30 Sharaf DG gift vouchers.
Dr. Adnan Chilwan, Chief of Retail and Business Banking said, "DIB is pleased to present another exciting opportunity for existing and new customers to grow their wealth. In addition to the high profit rates that DIB has traditionally been paying to its valued customers, Al Islami Savings and Deposit account holders now have opportunities to win exciting prizes worth more than Dhs1m."
"DIB has always provided customers with stable and profitable investment options. Our customers are confident of the security of their investments with DIB, which is reflected in our ever-growing customer base. We encourage new customers to benefit from this unique investment opportunity," he added
To qualify for entry into the monthly draw, Al Islami Savings account holders are required to maintain an average minimum monthly balance of Dhs10,000. For every additional average balance of Dhs10,000, customers will be eligible for an extra entry into the draw. Investment Deposit Account customers can enter into the raffle by maintaining a monthly deposit of Dhs25,000. Investment Deposit Account holders will be eligible for an extra entry in the draw for every additional deposit of Dhs25,000 per month.
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DIB launches 'Save More, Earn More, Win More' promotion
- United Arab Emirates: Tuesday, February 10 - 2009 at 14:39
- PRESS RELEASE
Dubai Islamic Bank (DIB) announced today its special promotion to 'Save More, Earn More, Win More' with Al Islami Savings and Investment Deposits Accounts.
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About Dubai Islamic Bank:Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices. DIB is a public joint stock company and its share is quoted on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. In a very short space of time it has created market leading services and products that are setting benchmarks for the rest of the sector.
The bank reported Dhs2.5bn in net profit for the year ending December 31, 2007, rising by 60% compared to Dhs1.56bn for 2006. The bank recorded total revenues of Dhs7bn for 2007, rising by 46% compared to Dhs4.8bn for 2006. Total assets in 2007 reached to Dhs84.3bn, an increase of 31% compared to Dhs64.4bn in 2006.
DIB set a world record by raising a $3.52bn Sukuk for the Nakheel Group. This Sukuk adopted an innovative structure never used before in Islamic or conventional banking history.
The bank has been proactive in creating partnerships and alliances at both the local and international level. DIB has adopted an aggressive expansion strategy, which started with the establishment of DIB Pakistan Limited, a wholly owned subsidiary of DIB. DIB opened its first representative office in Turkey to enhance its access to that market. DIB has also acquired a stake in Al Khartoum Bank and a stake in Emirates and Sudan Bank (ESB). These steps mark DIB's ambitious plans to roll out its operations into regional and international markets as part of its overall strategic plan.
DIB has won the respect of its peers around the world. The bank was recently named by Islamic Finance News the UAE's Best Islamic Bank. DIB has also received many awards from international organizations, such as the prestigious "Bank of the Year - UAE" award from The Banker magazine and additional accolades from Euromoney.
For further information, please contact:
Nicholas Nesson / Ghaleb Zeidan
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080
Posted by Rana MesbahTuesday, February 10 - 2009 at 14:39 UAE local time (GMT+4)
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