Ajman Bank has recently unveiled the “Talahum” initiative, aimed at supporting frontline workers in recognition of their essential role in community service and stability. This initiative offers a range of flexible banking benefits and solutions specifically tailored to meet their financial needs.
The objective of the initiative is to empower frontline workers to take advantage of banking services that enhance their financial stability and assist them in managing their obligations effectively, aligning with their duties and responsibilities.
The initiative includes several exclusive benefits, notably a waiver of deferred personal loan installment fees for up to three months, as well as a cashback of up to 200% on the first purchase when applying for Ajman Bank credit cards digitally. Additionally, a lifetime free credit card with no annual fees is provided. Other features include a 0% waiver on administrative fees for auto and mortgage financing, allowing them greater savings opportunities from day one, along with a waiver of the donation commitment amount in case of a three-month delay in mortgage payments and complimentary takafi coverage on the property for three years upon financing.
Moreover, the initiative offers monthly cash back on mortgage installments for up to five years and waivers on cash withdrawal fees at ATM machines of other banks. There will also be monthly salary draws, awarding five winners each month with an extra salary.
Mustafa Al Khalafawi, CEO of Ajman Bank, stated: “Frontline workers are a priority for Ajman Bank, and we are committed to providing banking solutions that reflect our appreciation of their vital roles and contributions to community service. This initiative is part of our efforts to enhance their financial stability and enable them to manage their commitments efficiently and confidently.” The “Talahum” initiative aligns with Ajman Bank’s commitment to providing financial services and benefits that cater to various community segments, further contributing to financial stability and empowering individuals to manage their finances flexibly. Through these initiatives, Ajman Bank continues to develop its services to strengthen its connection with the community and support its national priorities.