Stanbic IBTC Praises Promo Winners for Saving Amid Economic Realities

November 17, 2022
Reward4Saving promo Economic Realities

By Modupe Gbadeyanka

A Nigerian lender, Stanbic IBTC Bank, has heaped praises on its customers, especially those who have won prizes in the Reward4Saving promo, for imbibing savings culture despite the economic realities in the country.

The Head of Engineering at Stanbic IBTC Bank, Mr Iroegbu Okechukwu, said he was impressed with the promo winners for taking something out of their earnings to save for the rainy days.

The bank, a subsidiary of Stanbic IBTC Holdings Plc, introduced the Reward4Saving promo, a reward scheme for savings account holders, in 2021 to encourage customers to adopt the habit of saving for rainy days.

Customers who save at least N10,000 in their savings account or @ease wallet for at least 30 days qualify for the promo’s monthly live draw.

On Monday, November 7, 2022, the company rewarded 70 more winners of the second season of the campaign with cash prizes in October live draw at its head office in Victoria Island, Lagos State.

“Congratulations to all the winners who have emerged in this promo. Regardless of the economic situation globally, we appreciate your discipline to save, and we hope that this reward will contribute to actualizing the goals you are saving towards,” Mr Okechukwu said.

Reiterating the commitment of the Bank to rewarding customers for saving, he stated that the cash prizes would help the beneficiaries to meet their financial obligations and encourage other customers to be a part of the promo too.

On her part, the Head of Established Markets at Stanbic IBTC Bank, Ms Olufunke Isichei, said, “We will continue to reward our customers for their loyalty and trust in us.

“This promo will run till March 2023, when we will reward 7 customers with N2 million each in the grand finale.

“For the months leading up to the finale, we will reward 70 customers monthly with N100,000 each in the monthly draws and seven customers monthly with N1 million each in the quarterly draws.

“To stand a chance of winning, existing and new customers are encouraged to continue to top up their savings accounts with at least N10,000 monthly to increase their chances of winning.”

She urged prospective customers to download the Stanbic IBTC mobile app; visit the web portal or any Stanbic IBTC Bank branch to start saving to win.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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