In a bid to promote a savings culture, Stanbic IBTC Bank celebrated the success of its December draw for the Reward4Saving Promo, a scheme designed to incentivise savings account holders. The promotion, now in its third season, recently awarded cash prizes to 70 customers who demonstrated financial discipline by saving a minimum of N10,000 in their accounts for 30 days.
Layo Ilori-Olaogun, Head of Middle Markets and Youth Segment at Stanbic IBTC Bank, commended the dedication of participants and winners during the draw. The ongoing promo, set to conclude in August 2024, has already rewarded 287 customers with a total of N35 million through monthly and quarterly draws.
Expressing enthusiasm, Ilori-Olaogun highlighted the positive impact the initiative has had on past winners, reducing their financial burdens. Emphasising customer-centric values, she stated, “At Stanbic IBTC Bank, we prioritise putting our customers’ matters first, evident in our high customer retention and loyalty.”
As the promo continues, customers are encouraged to maintain their savings habits, with the grand finale set to reward seven customers from each of the seven regions with N2 million each. Monthly draws leading up to the finale will see seventy customers receiving N100,000 each, while quarterly draws will offer seven customers N1,000,000 each. Stanbic IBTC Bank urges both existing and new customers to seize the opportunity and boost their chances of winning by continuing to save.