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First Gulf Bank (FGB), one of the major leading banks in the UAE, held its first quarterly draw for its FirstSavings Certificate. Muhammad Azhar won the grand prize of AED 1,000,000.
FirstSavings Certificate is a unique saving scheme where customers have the chance to win a total of 24,822 prizes each year, including five daily prizes, 1,916 monthly prizes and a quarterly grand prize of AED 1,000,000 and a guaranteed interest rate of 1%. There are no entry or exit restrictions and these saving certificates are sold at most major exchange houses in denominations of AED 100 and above.
Expressing his joy at winning AED 1,000,000, Muhammad Azhar said: “When I enrolled in the FirstSavings Certificate scheme my intention was just to make a conscious effort to save regularly. The prize draws were an attractive part of the product offer but I never thought for one moment that I would win such a substantial amount. Thank you First Gulf Bank.”
Huda Abdulla, Executive Vice President - Branch Distribution, said: “First Gulf Bank is committed to promoting a savings culture in the UAE community, and we provide the most attractive savings solutions and schemes. This was the rationale behind developing our FirstSavings Certificate scheme. Our focus is to develop products and services that both meet the financial needs of our customers as well as reward them for their loyalty. We would like to congratulate Muhammad, and wish all our customers luck in the next draws”.
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