Stanbic IBTC Conducts First Draw of Reward4Saving Promo Season 4

By Aduragbemi Omiyale

The first draw of the Stanbic IBTC Bank Reward4Saving Promo Season 4 has produced 70 winners, with each customers walking away with N100,000.

Ten winners emerged from each of the bank’s seven business zones. The recent inaugural draw of the Reward4Saving Promo, in its fourth season, was conducted under the supervision of regulatory authorities to ensure transparency and fairness; following necessary guidelines to guarantee an open and trustworthy outcome.

Stanbic IBTC Bank will give out N130 million to customers within 12 months, starting from March 31, 2025, till March 31, 2026, through monthly draws, where 840 customers will win N100,000 each, with quarterly draws awarding N1 million each to 28 customers, grand quarterly draws with N2 million to be won by four customers, and a grand finale offering N5 million each to two lucky winners.

To participate, customers must maintain a minimum inflow of N10,000 in their savings accounts or @ease wallet and continue saving regularly during the promo period.

Customers can increase their chances of winning by depositing in multiples of N10,000, with each N10,000 generating one draw ticket, and larger deposits proportionally boost the odds of winning.

At the recently held draw, one of the winners, Livinus Nnamani, a plumber, narrated that, “When I received the text message notification, I thought it was from fraudsters; however, when I visited the Stanbic IBTC Bank branch at Okota Road, it was there that I confirmed that I had truly won.

“Seeing the money reflected in my bank account balance has convinced me that the promo is real. I will use the money for the payment of my children’s school fees, and I will continue to save with Stanbic IBTC Bank.”

Also present at the launch was the Head of the Lagos Island Liaison Office of the Advertising Regulatory Council of Nigeria (ARCON), Ms Doris Anthony-Itegbe, who praised the lender for maintaining fairness and integrity in the draw process, noting the clarity and absence of manipulation in the proceedings.

The promo also won The Most Transparent Consumer Promotion award for two consecutive years – 2023 and 2024 – reinforcing its credibility and transparency.

“This initiative gets bigger every year, and we are thrilled to help our customers achieve a better quality of life. It is not just about saving money; it is about empowering customers to meet essential needs like school fees and business investments, while enjoying the thrill of potential rewards,” the Head of Personal Client at Stanbic IBTC Bank, Emmanuel Aihevba, stated.