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ila Updates
Jun 05, 2023
ila Bank’s Al Kanz March winner gets a cash prize of US$250,000

Manama, Bahrain: ila Bank, Bahrain’s leading digital mobile-only bank, powered by Bank ABC, announces the Al Kanz March prize winner of US$250,000 – Mrs. Fatema Arroyo. The lucky winner was selected following an automated draw held at ila Bank’s offices in the presence of a representative of the Ministry of Industry and Commerce, an external auditor and ila Bank employees on May 10, 2023.

At the prize handover ceremony held at ila Bank’s offices, Mrs. Arroyo shared how utterly delighted and shocked she was upon receiving the news, “I am just so happy - this was completely unexpected and hard to digest at first. It also came at the perfect time as I will use the funds to help my son with his upcoming marriage.”

On her experience using Al Kanz, Mrs. Arroyo added, “It has been simply fantastic so far. I created an Al Kanz account to save money for my kids and it surely exceeded my expectations. I love the unique products and services ila offers and will continue saving in Al Kanz as well as ila’s Fixed Deposit and Hassala features, which I am currently using.”

This is the first of a large number of Al Kanz prizes scheduled for 2023, which have been created to fulfil customers ask for bigger cash prizes this year. Al Kanz prizes have been increased to a total of US$ 2.250 million. The monthly additional prizes of US$50,000 have been added for the months of May, July, August, October and November. The next mega prize is a US$500,000 cash prize for June followed by another big prize of US$250,000 for September and a grand year-end prize of US$1,000,000 for December 2023.

The draws will be held within 45 days of the last-day-to-deposit for each prize, as detailed on the ila Bank website: For every BHD 50 saved in Al Kanz, ila customers stand a chance to fulfill their life goals and dreams faster than ever imagined.