Kuwait, 25 June 2024: To mark the occasion of Eid Al-Adha, Kuwait International Bank (KIB) recently held a promotional event at Al Khiran Mall, featuring a dynamic booth that allowed visitors to open an Al Dirwaza account and be rewarded with instant gifts. Over the course of two days, mall visitors were given the opportunity to spin the wheel to win more than 400 prizes from a wide range of vendors. In addition to the instant prizes, all participants who opened an Al Dirwaza account automatically entered a special draw, with one lucky winner walking away with a grand prize of KD 2,000.

Commenting on the event, Abdulaziz Al-Shammari, the Head of Central Sales at KIB, said: “We were delighted to bring this engaging and rewarding experience to Al Khiran Mall. Our new customers witnessed hands-on the ease and convenience of our digital banking experience while being offered fantastic rewards and a chance to win a substantial cash prize. We extend our thanks to everyone who joined us and took advantage of this unique opportunity.”

On his part, Abdulaziz Althawab, Assistant Manager of Marketing and Corporate Communications at KIB, said: “This event underscored our commitment to providing innovative banking solutions, enhancing customer engagement, and rewarding customer loyalty. With a focus on digital transformation, we sought to provide a unique experience at the booth, allowing visitors to easily register new accounts through KIB’s digital onboarding system. This seamless process enabled customers to open an Al Dirwaza account in just a few simple steps.”

The Al Dirwaza account is a savings account for individual customers, based on the Wakala investment principle, launched by KIB as one of its banking products for individuals. The account is currently the best of its kind in the sector, with annual expected profits of up to 2% disbursed on a monthly basis, where the customer gets an expected profit of 2% for the first 3 months from the account opening date and up to 1% expected rate onward. The expected profits are automatically deposited into the customer's account within the first day of the beginning of each month. Al Dirwaza account holders are eligible to enter the weekly, monthly and annual draws on the condition of maintaining at least KD 100 in their account.