By Aduragbemi Omiyale
The sum of N7 million has been won by 70 active customers of Stanbic IBTC Bank in its ongoing Reward4Saving Promo.
The money was won in the January 2024 draw, bringing the total number of beneficiaries since the inception of the promo in 2021 to 1,424 valued at N234 million, a statement from the company said.
The Reward4Saving Promo was created to foster disciplined saving habits among Nigerians, offering them rewards for achieving specified savings targets.
In the January draw, 10 winners were selected from each of the seven business regions operated by the bank in Nigeria, and each was rewarded with N100,000.
The beneficiaries qualified for the campaign by saving a minimum of N10,000 in their @ease wallet or savings accounts.
The Reward4Saving promo is currently in its third season and the promo will run from September 2023 till August 2024.
Stanbic IBTC Bank will continuously reward 70 customers with N100,000 each in the monthly draws; seven customers with N1 million in the quarterly draws; and seven customers will also be rewarded with N2 million in the grand finale within the period.
Five draws have been held so far in the third season, and 357 customers who have emerged winners have been rewarded with cash prizes ranging from N100,000 to N1 million for maintaining consistent saving habits.
About 350 customers have won N35 million in the monthly draws, and seven customers have won N7 million in the first quarterly draw. There are seven more draws till the end of the season and N84 million left to be given out.
The Head of the Middle Market and Youth Segment at Stanbic IBTC Bank, Ms Layo Ilori-Olaogun, described the Reward4Saving promo as an initiative that teaches Nigerians to build healthy financial habits while rewarding them for staying consistent.
“We are proud to continue rewarding our customers’ dedication and commitment to saving towards their financial goals, especially in these challenging economic times. Their success is our success,” she said.
