Monday, September 8, 2025
24.1 C
Lagos

Stanbic IBTC: N30m Cash Prize for Customers in Reward4Saving Promo

Emmanuel Aihevba, Head, Main Market Clients, Stanbic IBTC Bank PLC; Remy Osuagwu, Executive Director, Business and Commercial Clients, Stanbic IBTC Bank PLC and Peace Ibadin, Representative of National Lottery Regulatory Commission (NLRC) during the Stanbic IBTC Bank Reward4Saving Promo Live Draw in Lagos recently.

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has rewarded 60 of its new and existing customers with the sum of N6 million for the September draws in its Reward4Saving Promo where the bank’s customers are expected to win cash prizes worth N30 million by the end of the promo.
The draws which took place at the Stanbic IBTC Headquarters in Lagos saw 60 customers win cash prizes of N100,000 each at the first draws.
Speaking at the event, Olufunke Isichei, Head, Established Markets, Stanbic IBTC Bank PLC said over 109,000 new and existing customers qualified for the promo for the month of September, noting that the 60 winners at the draws were selected from the six geo-political zones of the country with 10 winners coming from each zone.
Olufunke said: “There are going to be two more draws – one for October, happening first week of November and one for November, happening first week of December and then the grand finale in December.”
Olufunke explained that a total of 180 winners are expected to win the sum of N18 million in the months of September, October and November, while 12 winners will win N1 million each at the grand finale in December to make up the N30 million that Stanbic IBTC Bank PLC will reward its customers within the period of the Reward4Saving Promo.
According to her, apart from the cash prizes, over 2,000 customers who opened accounts and funded it with a minimum of N5,000 have been rewarded with N500 Free airtime, adding that a total of 20,000 customers who open a new Stanbic IBTC savings account or @ease wallet and deposit a minimum of N5,000 will be rewarded with N500 Free airtime throughout the period of the Stanbic IBTC Reward4Saving promo.
Speaking in the same vein, Remy Osuagwu, Executive Director, Business and Commercial Clients pointed out that the Reward4Saving promo seeks to encourage customers to develop a savings culture. He also encouraged customers to take advantage of Stanbic IBTC’s end-to-end digital services to access diverse financial products and services.
On the rationale behind the campaign, Remy said: “We recognise that saving is an important aspect of an individual’s journey to financial freedom so this is an avenue to encourage our customers as well as reward them for their dedication towards building a savings culture. We will be rewarding more customers with cash prizes ranging from of N100,000 to a whooping N1 million”.
Stanbic IBTC Bank PLC remains committed to its corporate purpose of serving it numerous customers and stakeholders by offering bespoke financial products and services while rewarding them for their loyalty over the years.

spot_img
spot_img

Hot this week

Nigeria, Brazil Central Banks Deepen Economic, Financial Co-operation

Nigeria’s Central Bank Governor, Olayemi Cardoso, has held talks...

Ecobank Nigeria to Host Second Edition of Design & Build, Showcasing Premier Innovators in Design, Construction

Ecobank Nigeria, a subsidiary of the leading pan-African banking...

Expert: Fintech, Financial Inclusion Critical for Sustainable Growth of Nigerian Economy

A renowned economist, Dr. Biodun Adedipe, the Chief Consultant/CEO,...

Sterling Bank Marks One Year of Africa’s Groundbreaking Core Banking System

Number one Best Workplace in Banking in Nigeria and...

Topics

Pension Assets to Hit N20tr in 8 Years

Pension assets in Nigeria are expected to hit the...

Akon says Singing Has Given Him a Platform to Promote Africa

622m Africans Lack Electricity Unveils Akon Lighting Africa Initiative Grammy-nominated hip-hop artist Akon says being a successful entertainer has given him a platform to pursue his dream of helping Africa grow and prosper. The performer, songwriter and producer was born in the U.S. of Senegalese parents and reared in both countries. He started an initiative called "Akon Lighting Africa" two years ago with a goal of bringing electricity to a million homes by the end of 2014. Click here to make a lazy tweet.

Telecom Sector: Post-pandemic Economy Unlocks Growth Potential, Fresh Opportunities

Over the past decade to 2020, digitalisation was in...

NSE Corporate Challenge Receives Boost from Beta Glass

The 6th edition of The Nigerian Stock Exchange (NSE)...

AfDB Funds Platform to Support Women Empowerment in 36 African Countries

On 15th of July 2016, the African Development Bank...

Modernise Service Stations to Survive, BCG Advises Fuel Retailers

Oluseun Solanke Partner and Associate Director BCG Nigeria Fuel retailers have been...

Banks Have Low Expertise in Oil & Gas Business

Nigerian banks have limited k n o w l e d g e and understanding of oil and gas business, thus making it difficult for financial institutions in the country to tailor the right financing model for operators in that sector of the economy. That was a crucial point from the Nigeria Oil & Gas (NOG) 2015 communiqué issued over the weekend According to the communiqué, the restricted lending capacity of indigenous banks and rate disadvantage cannot compare to various money lenders elsewhere while poor credit rating also affect money lenders’ ability to support indigenous companies operating in oil and gas business.

Global Air Freight Growth Slowed to 2.2% in 2015

The International Air Transport Association (IATA) released figures for...
spot_img

Related Articles

Popular Categories

spot_imgspot_img