Friday, March 1, 2024
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BND50,000 drawn for lucky winners of savings campaign

Lyna Mohamad

A total of BND50,000 was drawn for five winners of BIBD Aspirasi 4’s first quarterly draw yesterday.

The draw was held virtually and live streamed on BIBD’s official Instagram account. The winners will be announced on BIBD’s social media channels.

Each quarterly winner brings home BND10,000 while another 35 winners will take home BND1,000 each as part of the campaign’s third monthly draw.

The winners were chosen from customers who subscribed to BIBD Aspirasi with a minimum holding period of 90 days and prize winnings will be credited into the winners’ saving accounts.

Now in its fourth cycle, the BIBD Aspirasi programme was introduced to encourage savings.

BIBD’s long-term objective is to ensure that customers continue to save and aim for financial independence, which serves to encourage long-term savings and financial management.

With Aspirasi, customers not only maintain their savings, but are also rewarded with monthly cash, quarterly prizes and the grand prizes.

To qualify for the reward draw, customers are required to maintain a minimum holding period of 90 days, with a minimum holding deposit of BND50 for the entire duration of the programme and deposits held between 181 to 270 days will be entitled to double the number of entries, while deposits held 271 days and more will be entitled to triple the number of entries.

Responding to the success of Aspirasi 3, BIBD has now increased the maximum deposit amount to BND350,000 while maintaining the low minimum deposit of BND50, hence enabling everyone to save and be part of the Aspirasi 4 rewards programme.

The Aspirasi programme is part of BIBD’S aspiration as a Partner in Progress towards building a strong financial foundation and greater financial literacy among members of the public, via encouraging and incentivising the practice of saving which is in line with BIBD’s commitment towards sustainability in alignment with the Maqasid Shariah.

The programme will reward over 400 winners with cash prizes totalling BND870,000 throughout the year.