United Arab Emirates, Dubai, 17th April 2011: MashreqMillionaire, the longest running and most innovative saving scheme announced Ms. Stephanie Liurdes Rosa Almeida as the winner of the first AED 5 Million draw for this year. As part of the prize structure for 2011 customers have the opportunity of winning AED 5 Million every quarter and AED 1 Million for the rest of the months.

The second AED 5 million draw will be held in June, followed by the third draw in September and the fourth in December 2011.

Omar Saleem Asghar, Head of Wealth Management at Mashreq said, "We continue to offer exciting prizes to our customers to maintain MashreqMillionaire's leading position as the most popular savings scheme. The prize structure for this year aims to create more Multimillionaires and offer substantial returns for customer's investments in a short period of time." 

MashreqMillionaire is a unique savings scheme that allows customers to set aside minimum savings with the potential of becoming a   multimillionaire every quarter and a millionaire during the other months. MashreqMillionaire was launched in 1995 and since then, it has distributed AED 364 millions in total prize money and created 240 millionaires.

MashreqMillionaire draws are supervised by the Dubai Economic Department to ensure fair and transparent practices. Certificates are available at all Mashreq branches, UAE Exchange, Al Fardan Exchange, Al Ghurair Exchange outlets and also Online from www.mashreqbank.com for banking customers.

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About Mashreq:
Mashreq is one of the leading financial institutions in the UAE. Founded in 1967 as Bank of Oman, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts, it was the first to launch such products as travelers' cheques, credit cards and ATMs.

Mashreq has received numerous international awards such as the Best Bank in the UAE in 2008 from Euro money and various awards particularly for quality management. It's most recent acknowledgement was Best Consumer Internet Bank in Qatar 2009 & 2010, Best Consumer Internet Bank regionally by Global Finance Awards 2009 and Best Emerging Market Banks Middle East  by Global Finance Awards 2010.

As a leading financial Institution in the UAE Mashreq aims to be world class in every facet of its business, including its social responsibility to the community it serves. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining UAE National employees.

For further information, please contact: 
Samir Hammad                                                                   
PR Manager, Mashreq                                                       
Tel: 04 -6083701 / Mob. 050-8832021                         
Email: SamirH@mashreqbank.com                                

Nancy D'Souza
Gulf Hill & Knowlton
Tel: 04 334 4930
Email: Nancy.DSouza@hillandknowlton.com

Huda Ismail
Asst. PR Manager, Mashreq
Tel: 04 - 6083629
Email: HudaI@mashreqbank.com

© Press Release 2011