ADCB presents first AED 1 million prize of 2011

Press release

Published January 31st, 2011 - 11:51 GMT

Ahmed Helal Mohammed, AED 1 million lucky winner

Abu Dhabi Commercial Bank (ADCB) today announced the first 2011 winner of the Millionaire Destiny Savings Account (MDSA) Grand Prize draw. Mr. Ahmed Helal Mohammed Helal Al Kuwaiti, a UAE national from Al Ain, was presented with the AED 1 million cash prize at a ceremony held at his local ADCB branch in Al-Ain. The prize was presented by Mufaddal Khumri, Head of Islamic Banking, and Ali Darwish, Head of Branch Network, ADCB.

Commenting on his win, Mr. Ahmed Helal Mohammed Helal Al Kuwaiti said: “I am overjoyed that I’ve become an MDSA Millionaire; it is a wonderful start to my family’s year.”

Mufaddal Khumri, Head of Islamic Banking at ADCB, said following the presentation: “ADCB launched the Millionaire Destiny Savings Account just two years ago and have been delighted with its popularity. The success of the account has demonstrated the interest customers have in a bank account which meets their everyday needs, whilst also entering them into a significant and regular prize draw at the same time.

“ADCB is honoured to present Mr. Ahmed Helal Mohammed Helal Al Kuwaiti with the first AED 1 million prize of 2011. We look forward to presenting our AED 1 million cash prize every month from now on.”

Background Information

Abu Dhabi Commercial Bank

ADCB was formed in 1985 and today after integration employs over 3,350 people from over 45 nationalities, serving approximately 590,000 retail customers and over 20,000 wholesale clients. It is the third largest bank in the UAE and second largest in Abu Dhabi by assets, at AED 163.7 billion as at March 31st, 2010.

ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency, derivative, Islamic products, project finance and property management services.

ADCB is owned 64.8% by the Abu Dhabi Government through the Abu Dhabi Investment Council. Its shares are traded on the Abu Dhabi Securities Market.

ADCB has won the Silver class category of The Sheikh Khalifa Excellence Award (SKEA) for the finance sector in November, 2009. In February 2010, ADCB won The World Finance Corporate Governance Award for “Best Corporate Governance in the UAE” and was recently named “Best Retail Bank in the UAE and GCC 2010” by The Asian Banker magazine in March 2010.