AmBank aims to achieve 30% growth in deposits via AmRewards 2.0 campaign

AmBank group CEO Datuk Sulaiman Mohd Tahir

KUALA LUMPUR: Ambank Group aims to achieve 30 per cent growth in deposits via AmRewards 2.0 campaign from Jan 1, 2022 to Feb 28, 2023, group chief executive officer Datuk Sulaiman Mohd Tahir said.

He said currently, the bank recorded a deposit value of RM500 million to RM700 million for AmWafeeq Savings Account-i.

"We received 200 million entries and our intention to hit billion ringgit for this campaign by the end of Feb 2023. So, it is something that we aiming for,” he told Bernama at AmRewards 2.0 Mid-Year Draw Prize Giving Ceremony here today.

Last year, he said the bank’s deposit growth for current account and saving account (CASA) is about 20 per cent.

"It is very commendable performance for the bank because the industry only do by nine per cent (while) we grew three times more especially for saving account and one of the successful reason why we grew (CASA) is like AmWafeeq Saving because of the growth and the response is very good,” he said.

The AmRewards 2.0 campaign has been rolled since Jan 1, 2022 and will run until Feb 28, 2023 with the aim to reward Ambank Islamic’s customers with exciting prizes that include a brand new Porsche Macan, BWM320i Sport, bespoke timepieces, cash prizes and many more by simply depositing their savings in AmWafeeq Saving Account-i.

New customers who are interested to participate in the AmRewards 2.0 campaign may open an AmWafeeq Saving Account-i through the bank’s online banking platform, AmOnline, or visit any AmBank or AmBank Islamic branch located nationwide. - Bernama

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