ila News

Manama, Bahrain: ila Bank, the fastest growing digital, mobile-only bank powered by Bank ABC unveils the US$250,000 Al Kanz April Prize, one of the most significant cash rewards offered as part of its flagship savings initiative, Al Kanz, giving customers the opportunity to turn saving into a truly meaningful and rewarding experience.

Customers can continue to grow their chances of winning by depositing into their Al Kanz accounts until 30 April 2026. For every BHD 50 saved, customers receive one entry into the prize draw, with higher savings resulting in more entries and greater chances of winning. Customers may access their funds at any time; however, to benefit from the full number of draw entries, qualifying balances are required to be retained until the end of May 2026. The winner will be selected in a draw scheduled for 9 June 2026, in the presence of officials from the Ministry of Industry and Commerce, the Bank’s external auditors, and senior executives of ila Bank.

Commenting on the exciting Al Kanz year-end cash prize, Nada Tarada, Head of Business & Customer at ila Bank said: “The US$250,000 Al Kanz April Prize marks a strong and confident start to the second quarter, reinforcing our commitment to delivering meaningful rewards for our customers. By linking every BHD 50 saved to a chance to win, we continue to encourage disciplined saving while offering the opportunity for a truly impactful reward.”

Through Al Kanz, ila Bank continues to empower customers to take greater control of their financial future, combining responsible savings behaviour with the opportunity to win substantial prizes. The initiative remains a core part of ila Bank’s broader offering, aimed at making banking simpler, more engaging, and more rewarding.

Customers who do not yet hold an ila Bank account can easily open one through the ila Bank app and begin depositing into Al Kanz to take part in the April 2026 Prize.