Emirates NBD launches mega deposit promotion

Press release

Published October 7th, 2015 - 10:54 GMT

Bentley car

Emirates NBD, a leading bank in the region, announced the launch of a mega customer promotion for accounts and deposits, aimed at encouraging the savings habit among customers and rewarding them with luxurious prizes including a Bentley car and Breitling watches.

As part of the promotion which will run from Oct 2015 till Feb 2016, existing and new customers of the bank who increase their account balances or transfer monthly salary of AED 15,000 or more will enter draws to win a Bentley Mulsanne, luxury watches from the exclusive Breitling for Bentley collection and 125 other Breitling watches. The promotion is open to both individual and SME customers.

New and existing customers with deposit balances of at least AED 250,000 are eligible to enter the grand draw to win the Bentley Mulsanne with every increase of AED 50,000 getting an entry. In addition, new and existing customers with account balances of at least AED 25,000 stand to win monthly prizes of premium Breitling watches, with every increase of AED 5,000 getting an entry. Customers who open a new salary account with the bank and transfer salaries of AED 15,000 p.m. or above will also be eligible to participate in monthly draws, with higher transfers getting more entries. Further, existing customers who open accounts through online and mobile and grow their balances will obtain an additional entry.

Commenting on the initiative, Suvo Sarkar, Senior EVP & Group Head – Retail Banking and Wealth Management said: “In keeping with the bank’s tradition of providing only the finest rewards and benefits to its customers while continuing to offer world class banking solutions, Emirates NBD is pleased to announce a new opportunity for customers to win fabulous prizes while saving for a secure financial future. We are confident customers from all walks of life will welcome this promotion to save, bank and win with Emirates NBD.”

The bank also announced the winners of the recently concluded mega deposits campaign. Lucky customer Ibrahim Al Rashid walked away with the grand prize of a Bentley Mulsanne luxury car while 105 customers each won a luxury watch from Breitling including exclusive Breitling for Bentley watches.

Customers can choose from a wide range of transactional and interest bearing accounts, flexible fixed deposit products as well as online or mobile based savings accounts to participate in the promotion.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.