Posted on February 29, 2016

Commercial Bank, Qatar’s first private bank, has announced the first winner of its “I am a Regular Saver” awareness campaign that encourages a smart savings culture by giving customers exceptional products that automatically save for them each month.

Timed to coincide with the dividend distribution season, customers who applied for any new deposit account during the campaign period ending 28 February 2016 were also given the chance to win up to QAR 10,000 each month. To be eligible for a prize, deposit account customers were asked to post on Facebook or Twitter using the hashtag #ImSavingFor to share their savings goals. The post with the highest number of likes at the end of each month receives the grand prize of QAR 10,000.

Yasmin Hamdy was announced as the first “I am a Regular Saver” QAR 10,000 grand prize winner for the month of December 2015, with her post using the hashtag #imsavingformyson’seducation receiving the most number of likes. The “I am a Regular Saver” campaign includes a series of video interviews from Commercial Bank customers sharing their advice to other people around the importance of saving for the future and as an added incentive, Commercial Bank is also rewarding the top 20 savers with the highest account balances at the end of each month by giving them QAR 1,000 each.

Commercial Bank “Regular Saver” deposit accounts can be opened online and are automated, conveniently saving customers time and money as they don’t have to visit a branch in person to open their account or to make their monthly deposits. Mr. Dean Proctor, Commercial Bank EGM, Chief Consumer and Private Banking said: “Commercial Bank’s ‘I am a Regular Saver’ campaign was created to help raise awareness of the importance of a smart savings culture for the wider community including children, youth and adults, and the need for saving in our daily lives.”

He added: “As a socially responsible bank, Commercial Bank encourages everyone to save - regardless of age, background, status and nationality – but we particularly encourage Qatari nationals to open deposit accounts during the dividend distribution season to make the most of this opportunity to make a head start on their savings goals.”