ila News

Manama, Bahrain: ila Bank, powered by Bank ABC, declared Abbas Alaali as the winner of the Al Kanz December 2024 grand prize of US$1 million. The mega cash prize was presented to him at a special ceremony held at the Bank’s headquarters in Bahrain, attended by ila Bank’s management and executive team. Abbas Alaali was one of the many customers who deposited their savings into ila’s Al Kanz account, and was picked to be the lucky winner of this incredible prize.

Commenting on his amazing win, Abbas said, “I couldn't believe it when I got the call, winning a million dollars is a life-changing experience. I'm incredibly happy to have won this prize, which will give me financial freedom and enable me to secure a better future for my children and family. Thank you to everyone at ila Bank. My son helped me to open my ila account and he accompanies me today to celebrate this win with me.”

The raffle draw to determine the Al Kanz December 2024 million-dollar prize winner was conducted on the 10th of February 2025, in the presence of ila Bank officials, representatives of the Ministry of Industry & Commerce and the Bank's auditors, Ernst & Young. The esteemed gathering highlighted the transparency and integrity of the Al Kanz cash prize offering.

Commenting on Abbas’s lucky win, Nada Tarada, Head of Business & Customer at ila Bank, said, "We are pleased to present this life-changing cash amount to Abbas, ila’s valued customer and Al Kanz account holder. This reflects the power of ila’s innovative, digital banking offering to turn around the lives of our customers for the better just by using simple savings tools like Al Kanz.”

Nada added, “2024 saw a significant number of Al Kanz winners through the year, and we are excited to celebrate with the Al Kanz winners in 2025. We encourage everyone to open an ila account and deposit their savings in Al Kanz to stand a chance of winning remarkable prizes every month. At ila Bank, our customers are at the heart of everything we do, and we remain true to our promise of delivering a superior digital banking experience that keeps rewarding our customers for their confidence and trust in us.”

Giving away big monthly cash prizes in 2024, Al Kanz is a literal treasure chest for customers, helping them achieve their dream lifestyle, home, car, holiday or gadgets. The year 2025 commenced with impressive prizes: $120,000 in January, $250,000 in February, and an outstanding $500,000 in March. Additionally, the Al Kanz 2025 prize plan promises even bigger prizes, bringing customers closer to achieving their financial dreams and aspirations.

Since its inception in 2019, ila Bank has offered trailblazing, innovative and seamless digital products and services that add ease, convenience and a plethora of benefits to the customer’s banking experience. With its core ideology revolving around complementing and enhancing its customers’ lifestyles, ila has consistently raised the bar at offering excellent banking solutions with a customer-centric approach that has redefined traditional perspectives of retail banking.