Refer a Friend Terms and Conditions

  • Arab Bank customers have the opportunity of winning an LG 32’ LCD TV free of charge for referring 3 approved loan customers or one approved housing loan customer.
  • This campaign will run for a period of four months
  • The final day for submitting the referral sheet will be two month from the campaign start date
  • Referring customer can submit multiple referral forms but is only entitled to a maximum of 2 prizes
  • The referring individual authorizes Arab Bank to contact customers through their reference.
  • No prizes will be awarded if the new to bank customer applies for a loan after the campaign end date
  • The referred customers must comply with the following:
    • Have his loan booked and disbursed before campaign end date
    • Comply with the Bank’s lending policies
    • Comply with Arab bank Compliance Policies including without limitation ( PMA , Arab bank & Safe watch lists )
    • Apply for any of the following loan products
      • Personal Loans
      • Auto Loans
      • Housing Loans
    • To qualify for the prize, the sum of referred loan(s) must not be less than 24,000 USD
    • Joint loan borrowers will be counted as one loan
    • Top-ups on existing loans will not be considered in the campaign
  • If the new loan borrower has been referred by two or more individuals, then Arab Bank will exercise it’s discretion in deciding which of the referring individuals referred the customer first.
  • If the new loan borrower doesn’t mention the referring customer account number on the application form, no prizes will be availed
  • Prizes are not transferable.
  • The Bank reserves the right to decide the winners based on the most accurate information available at the time of decision and the bank’s decision will be final.
  • The Bank has the right to end this campaign and withdraw the offer without a prior notice.