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ila Updates
Dec 27, 2023
Countdown to ila's Al Kanz million-dollar grand prize begins!

Manama, Bahrain: ila Bank, powered by Bank ABC, is only days away from closing the deposit window for its December Al Kanz draw, a grand prize of $1 million which will be announced on the 7 of February 2024. Listening closely to its customers, the multi-award-winning digital mobile only bank, introduced bigger cash prizes in its 2023 Al Kanz schedule; featuring monthly prizes of $50,000, two prizes each of $250,000, one mid-year prize of $500,000, and the grand year-end prize of $1 million.

Developed as an incentive for users to save and win life-changing cash prizes, Al Kanz is one of the many products of ila Bank that endeavours to propel users on a journey towards their life goals and financial aspirations. The prize-linked account and its rising popularity is testament to ila's commitment to deliver effortless banking solutions that keep up with the customers' ever-evolving lifestyles.

From 13 - 17 December, the Bank also organised a roadshow, at City Center Bahrain, inviting customers to make deposits and be eligible to win the grand prize. In addition, they had the chance to win several on-the-spot prizes including up to BHD2,000 in cash, and special gifts from sponsor partners.

Commenting on the year's final and biggest Al Kanz prize, Nada Tarada, Head of Business & Customer at ila Bank, said, "It has been heartening to see how Al Kanz is encouraging saving habits and is able to provide life-changing cash prizes throughout the year to our customers. We are looking forward to announcing this year's million-dollar grand prize and remain committed to taking our customers closer to their financial aspirations through our mobile-only offering, ultimately driving financial prosperity in the country?"

ila Bank's Al Kanz account has gained popularity amongst clientele in Bahrain, for the chance it gives them to win bumper cash prizes in monthly draws taking place throughout the year.

The last date to deposit your savings in your Al Kanz account to win the most awaited year-end mega prize of US$1 million is 31 December 2023. Visit to know more.