(MENAFN - Khaleej Times) Major leading UAE financial institution, First Gulf Bank (FGB), awarded five of its customers Dh1,000 each at the conclusion of inaugural daily draw for its FirstSavings Certificates programme.
The draw was held under the supervision of the Abu Dhabi Department of Economic Development at FGB's main headquarters in Abu Dhabi. First Gulf Bank launched its FirstSavings Certificates in November 2012, for all UAE residents, nationals and expatriates, as part of the bank's strategy to build a culture of saving and financial stability in the community.
The product which is available in all major UAE exchange houses is offered from a minimum purchase of Dh100. It provides five daily prizes of Dh1,000 each, 1,916 monthly prizes of up to Dh50,000 each and one grand prize every quarter of Dh1 million. The more certificates customers hold and the longer they hold them will increase the chances of winning prizes which are distributed in the form of electronic certificates.
Congratulating the winners, Huda Abdulla, Executive Vice President of Branch Distribution at FGB said: "We are pleased to have concluded our official first draw for our FirstSavings scheme, and to have awarded 5 of our customers in our daily draw.
First Gulf Bank's innovative saving programmes have become well recognised in the market, and our formula of encouraging savings through rewards has proven to be highly successful, where the number of enrollers in our different schemes continues to increase."