Commercial Bank International’s ‘Mabrook’ wins ‘Best Savings Product’ award from Banker Middle East
Saturday, April 20, 2013
Commercial Bank International (CBI), a growing UAE commercial bank, continues to offer highly competitive, award-winning products. As CBI grows stronger every day, the Bank has been acknowledged regionally in the Banker Middle East Product Awards 2013 with the ‘Best Savings Product’, for its innovative ‘Mabrook’ Savings Account.
The award was received by Kris Babicci, Chief Executive Officer, and David Power, Head Retail Banking Group during a ceremony on Wednesday, 17th April, 2013.
CBI wins Best Saving Account
Distinguished by a minimum deposit of only AED 500, CBI’s winning product, ‘Mabrook’, gives customers a chance to win up to AED 1.5 million annually in weekly, monthly and quarterly prize draws, proving it to be one of the most competitive saving schemes in the UAE.
Commenting on the award, Kris Babicci, CEO said, “It is with great pride that we accept this prestigious award from Banker Middle East. This regional acknowledgement reflects the appeal of CBI’s products and is indicative of our increasing competitive strength and commitment to offering personalised banking.”
Adam Broom, Chief Executive Officer of CPI Financial commented on CBI’s ongoing success and the Awards competition, “This year we received more than 400 nominations from over 90 institutions competing for the Banker Middle East Product Awards 2013, with half a million votes cast across the Middle East. We are delighted that CBI has built on their success in 2012 with a second Banker Middle East Award; this time for Best Savings Account. The simplicity of CBI retail products offers clear and transparent solutions for customers in the UAE.”
Launched in June 2008, ‘Mabrook’ has produced over 250 winners from 28 different nationalities. Offering significant value to its customers, Mabrook account holders benefit from 0.5% p.a. interest, free accidental life insurance in addition to a free Debit Card supplemented with free Internet Banking access.
Supported by an award-winning online presence, 24/7 call centre support, a growing branch presence and wide ATM network, CBI continues to provide simple, convenient and competitive banking solutions.