News of Bahrain
Business18 January 20212 min read

Ithmaar Bank names Thimaar millionaire

TDT | Manama The Daily Tribune – www.newsofbahrain.com A recent university graduate has won the US$1,000,000 Thimaar Grand Prize of the Ithmaar Bank. The Thimaar Grand Prize draw was held remotely at the Bank's headquarters in Seef district and was coordinated and supervise

Editorial Team Legacy

Published 18 January 2021, 8:00 · Updated 21:29

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Ithmaar Bank names Thimaar millionaire

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

A recent university graduate has won the US$1,000,000 Thimaar Grand Prize of the Ithmaar Bank.

The Thimaar Grand Prize draw was held remotely at the Bank’s headquarters in Seef district and was coordinated and supervised by the Ministry of Industry, Commerce and Tourism (MOICT), as well as external auditors BDO Bahrain and the Bank’s own internal auditors.

“I am thrilled to win the grand prize of Thimaar, which will surely change my life,” said Bahraini Amna Al Ahmed. “I received a phone call from the Bank informing me that I won US$1 million. I honestly couldn’t believe it- this is a big surprise for me,” she said. “I would like to thank the Bank for offering us so many chances of winning such valuable prizes. “I will continue to save more and will also encourage my friends and family to open a Thimaar account, especially now that the account can be easily opened from the comfort of their mobile phones through the Bank’s mobile application,” she said.

“On behalf of all of us at Ithmaar Bank, we congratulate Amna Al Ahmed and her family, and all the other Thimaar winners,” said Ithmaar Bank Chief Executive Officer, Ahmed Abdul Rahim.

“The Thimaar scheme, now in its eleventh year, is not only designed to encourage responsible financial behaviour by making saving more rewarding, the prizes also have life-changing potential,” he said.

Thimaar, Arabic for fruits or harvest, is a prize-based saving account that Ithmaar Bank introduced to help encourage its customers to save.

In 2020, the bank announced it distributed more than US$26 million in prizes to almost 29,000 customers, in the ten years since it launched Thimaar.

This year’s Thimaar prizes include many more surprises, which will be revealed soon. The winners list is available on www.ithmaarbank.com/thimaar

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