Stanbic IBTC Bank has rewarded 148 customers with N23m in the recent May and June draws of its Reward4Saving Season 4 promo.

In Thursday’s statement, it was indicated that the combined May and June monthly draws were held at Stanbic IBTC’s head office in Lagos.

At the draws, 140 customers each received N100,000, totalling N14m in cash prizes. Eight additional winners emerged from the first quarterly draw, which took place on the same day. Seven winners, one from each business zone, each claimed N1m, while one grand quarterly winner took home N2m, totalling N9m.

Under the supervision of regulatory authorities, including the Federal Competition & Consumer Protection Commission, the Advertising Regulatory Council of Nigeria, and the Lagos State Lotteries and Gaming Authority, the draws were conducted transparently, rewarding savers who maintained a minimum balance of N10,000 in their Stanbic IBTC Savings Account or @ease Wallet for 30 consecutive days.

The recent draws build on the Reward4Saving promo’s strong start in May 2025, with N30m already shared among 218 winners in this fourth season and over N300m awarded to more than 2,000 savers since the Reward4Saving promo began in 2021.

The Country Head of Personal Banking at Stanbic IBTC Bank, Emmanuel Aihevba, commented on the promo and the draws achieved so far this year.

He said, “The combined draws of two monthly events, as well as the first quarterly draw of the Reward4Saving Season 4 promo, celebrate our customers’ dedication.

“We are rewarding 148 savers with a total of N23m to support their aspirations, ranging from education to entrepreneurship. At Stanbic IBTC, we are committed to appreciating our loyal customers by providing meaningful opportunities that enhance their financial well-being and promote a culture of saving across Nigeria.”

A retiree, Kesena Igben, who won a monthly prize, said, “My daughter came with me to receive my prize. On our way to the Stanbic IBTC office, she said, ‘Daddy, you are so excited.’ I said to her, ‘Did you know that this has saved me money on petrol expenses for two weeks?’ So, for me to have money that Stanbic IBTC gave me, which took away the pain of spending on petrol for two weeks, is great to me.”