ila News

The latest updates, and stories from the ila team

ila Updates
May 28, 2023
ila Bank expands ‘Al Kanz’ prizes to total US$ 2,250,000 in 2023

Mamama, Bahrain: ila Bank, the region’s fast growing digital, mobile-only bank powered by Bank ABC, has announced five additional monthly cash prizes to its 2023 Al Kanz prize calendar, taking this year’s total to US$ 2,250,000. Customers stand a chance to win additional US$ 50,000 during each of the months of May, July, August, October and November 2023.

As per the previously announced Al Kanz prize edition for 2023, ila customers stood to win US$ 250,000 for the months of March and September; US$ 500,00 for the month of June; and a whopping US$1 million for the month of December.

The eligibility criteria to get lucky with these monthly draws remains the same as for the other prizes – each BHD 50 deposited in the Al Kanz account is counted as one chance to win, if deposited before the last date to deposit and maintained through the specified retention period. What’s more, winning the “additional” prize does not affect a customer’s chance to win a bigger prize in the subsequent draws.

This latest good news from ila Bank is a result of creating exciting and innovative digital banking products based on customers’ ever-evolving needs and desires.

Nada Tarada, Head of Business & Customer at ila Bank commented, “The superior banking services that ila Bank offers has its foundations in giving its users what they want, when they need it, in a way they want it. We are truly delighted to announce additional Al Kanz prizes this year, and this decision too, like all others, is based on customer feedback. We are pleased that this initiative from our side will create more Al Kanz winners and contribute to fulfilling their needs. Afterall, taking customers ‘to’ their financial goals and aspirations is our core priority at ila Bank.”

The updated prize schedule, including deposit cut-off and draw dates, is available on the ila Bank website, Make a deposit into your Al Kanz account today for added chances to fulfill your dreams this year.