ADCB Announces its First All-in-1 Product Prize Winner

Abu Dhabi October 2006: ADCB announced today the winners of the first and second draw conducted for the All-in-1 Balance Transfer program. Mr. Abdul Muttalib Salem Abdulla Ali and Mr. Muddeser Ahmed Farooqi are the lucky ADCB customers to win twice their monthly salary through the ADCB’s All-in-1 Balance Transfer program.

Arup Mukhopadhyay, Head-Retail Banking Division At Abu Dhabi Commercial Bank said: “Today we offer the most comprehensive set of products to our retail customers. The All-in-1 account is one of the most innovative products introduced by ADCB to offer its valued customers more for their money: more value, more convenience and more peace of mind’.
‘As the name says it, All-in-1 account, is a unique account that offers a host of financial and non-financial benefits’ Added Mr. Mukhopadhyay

This is the first time that any bank has done a Balance Transfer program for a Current Account.

Deepak Rochlani, Head-Liability Products at Abu Dhabi Commercial Bank added “Balance Transfer” is a unique program that provides the customer with various financial benefits that is available only to the privileged All-in-1 account holders. Balance transfer aims at offering various benefits including 4%p.a interest on the incremental balance in the All-in-1 account with ADCB. In addition, every month, for the next 4 months, ADCB will be conducting a draw for the customers who have transferred their Salary to All-in-1 account.

To participate for the draw, customers must open an All-in-1 account and transfer their salary thereto so as to be eligible to win up to AED 50,000