MashreqMillionaire’s Winner is AED 4 Million Richer

Published June 9th, 2008 - 08:18 GMT
Al Bawaba
Al Bawaba

Sabeen Ahmed was announced recently as the winner of AED 4 million in MashreqMillionaire’s draw for May 2008.

“This is so unexpected!” said Sabeen Ahmed, “I’m so excited to be the MashreqMillionaire winner.  This prize will help me manage my life better and will open the door for a world of opportunities.”

MashreqMillionaire is a unique saving scheme that allows customers to enter a monthly prize draw of at least AED1 million every month. The investment is totally risk free and is open to both residents and non residents of the UAE. The more certificates you own the more chances you have to win. Certificates are carried over every month and can be en-cashed anytime for their full value for no extra charge.

The lucky winner was announced at Mashreq’s Deira office in the presence of Mr. Sultan Alzaabi, Department of Economic Development, Government of Dubai. Alzaabi’s presence ensures the transparency and accuracy of the raffle.

“MashreqMillionaire is one of the various ventures we’ve committed to in terms of our corporate social responsibility as we continue to seek new ways to reach out to our customers,” said Douglas Beckett, head of Retail Banking, Mashreq. “So far, MashreqMillionaire has shaped the lives of 160 millionaires in the last 12 years, paying out over AED 290 million in total prize money and the journey continues.”

About Mashreq
Mashreq is the largest private bank in the UAE and also the second oldest. Founded in 1967 as Bank of Oman, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts it was the first to launch such products as travellers’ cheques, credit cards and ATMs.

It is invariably among the highest performing banks in the region. Last year it recorded a Net Profit of over US$470 million from a Total Operating Income of $844 million. At the end of last year its Total Assets stood at $15.2 billion

Mashreq has received numerous international awards, particularly for quality management. According to independent research it has more ISO certifications than any bank in the region by a wide margin.

As a leading financial Institution in the UAE Mashreq aims to be world class in every facet of its business, including its social responsibility to the community it serves. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining UAE National employees.