BMI today announced the winners of its first ever Personal Loan promotion. The 5 winners who will receive USD 5,000 each are:

1. Mohammed Mohsin Jaber
2. Maitham Abdulla AlHayki
3. Naser Malalla AlSaleh
4. Adel Jaber Jaafar
5. Naser Malalla AlSaleh

The draw was conducted under the supervision of the Bank’s internal and external auditors as well as a representative from the Ministry of Commerce. Launched on the 25th of March, the Personal Loan promotion provides customers with a chance to win 10 prizes of USD 5,000 each when they take a personal loan from the Bank. As part of the promotion, every BHD 1,000 of loan amount approved provides customers with one chance to enter the draw.

In addition to the 10 prizes, customer can also benefit from a special interest rate of 7.5% p.a. for Bahrainis and 8.5% p.a. for Expatriates. The next draw will be held on the 1st of June 2008 and customers who take a loan from the 26th of April to the 25th of May will be eligible to enter the draw for 5 prizes worth USD 5,000 each.

Terms & Conditions apply. All loans are approved at the Bank’s discretion. Applicants whose loans are approved during the promotion are eligible to enter the prize draw. Offer valid from 25th March to 25th May, 2008. Indicative APR 8.89% p.a @ 7.5%p.a. interest (for a loan of BHD 10,000 for 84 months)