Ahli United Bank launches a new Investment Savings Account – Afaaq

Ahli United Bank (AUB) announced the launch of a new Investment Savings Account, Afaaq, in Kuwaiti Dinars for individual customers. The new account is part of the Bank’s continued effort to provide distinctive products and services for its customers. An Afaaq savings account is an added value product for the Bank’s customers who wish to save their money, and at the same time, achieve higher returns on their deposits.

AUB’s new and existing customers can open an Afaaq savings account with a minimum deposit of KD 1,000. Customers will be able to deposit and withdraw their money at any given time and the estimated annual profits of 1% will be deposited as monthly payments to the account.

As part of the Bank’s desire to recognize customers’ needs and their passion for travel, AUB has launched a “Save More, Travel More” campaign for customers to win travel vouchers in association with opening an Afaaq savings account from Sept 1, 2018 until Dec 31, 2018, and when they deposit money into this new account. The draw will be held on Jan 20, 2019, where customers will have the chance to win one of 28 valuable prizes of travel vouchers. The first prize is valued at KD 10,000, while the second prize is worth KD 5,000 and the third prize is at a value of KD 2,500. The remaining 25 prizes are valued at KD 500 each.

The winning customers through the “Save More, Travel More” campaign will be able to use the travel vouchers whilst booking their travel tickets and hotels at any preferred destination.