Commercial Bank rewards 'smart savers' at a grand prize ceremony

05/11/2025 02:00 AST

Commercial Bank has successfully concluded its nine-month 'Golden Draw' campaign with a grand prize ceremony "celebrating customer loyalty and the power of saving".

The event marked the culmination of the Commercial Bank's 50th anniversary celebrations, with customers taking home five brand-new BYD cars and 5mn travel points.

Launched in January, the Golden Draw campaign invited customers to "Open, Save, and Win", encouraging positive saving habits and long-term financial planning.

Participants were eligible to enter by increasing their average monthly balance by QR10,000 or saving at least 50% of their monthly salary, a model designed to reward consistent and mindful savers.

Over the course of the campaign, customers stood the chance to win hundreds of prizes, including five new cars, five sets of 1mn travel points, 50 iPhone 16 devices, 50 QR5,000 cash prizes, 50 bundles of gold coins, and 50 electronic vouchers worth QR2,000 each.

The ceremony marked the final stage of the campaign, which ran from January 9 to September 4 this year.

Commercial Bank Group CEO Stephen Moss said: "As we celebrate 50 years of progress and partnership, this Golden Draw represents far more than rewards, it reflects our belief in the value of saving and the importance of financial wellbeing.

"At Commercial Bank, we are proud to empower our customers to achieve their financial goals responsibly while celebrating the trust and loyalty that have defined our journey over the past five decades."

The Golden Draw campaign has reaffirmed Commercial Bank's leadership in promoting financial inclusion and customer-centric innovation.

Gulf Times