Stanbic IBTC Bank has rewarded 70 customers with N100,000 each in the first draw of its ongoing Reward4Saving Promo Season 4, amounting to a total monthly cash prize of N7m.
According to a statement issued by the bank on Wednesday and made available to our correspondent, the recent draw produced 10 winners from each of its seven business zones across the country, with each winner receiving N100,000.
The bank noted that throughout the course of the promo, 840 customers
will win N100,000 each in monthly draws, while 28 customers will receive N1m each in quarterly draws. In addition, four customers will win N2m in the grand quarterly draws, while two customers will go home with N5m each in the grand finale.
Speaking at the launch of the new season, the Head of Personal Clients at Stanbic IBTC Bank, Emmanuel Aihevba, said the initiative is aimed at promoting a savings culture while appreciating loyal customers.
“This initiative gets bigger every year, and we are thrilled to help our customers achieve a better quality of life,” Aihevba said. “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 draw, according to the bank, was conducted under the supervision of regulatory bodies to ensure transparency and credibility. Stanbic IBTC’s commitment to openness in the process has earned it the “Most Transparent Consumer Promotion” award in 2023 and 2024.
One of the winners, Livinus Nnamani, expressed shock over his win.
“When I received the text message notification, I thought it was from fraudsters. However, I visited the Stanbic IBTC branch at Okota Road and confirmed that I had truly won. I will use the money for my children’s school fees and will continue to save with Stanbic IBTC,” he said.
Also speaking, the Head of the Lagos Island Liaison Office, Advertising Regulatory Council of Nigeria, Doris Anthony-Itegbe, applauded the bank for ensuring clarity and fairness in the selection process.
Stanbic IBTC encouraged more customers to save and increase their chances of winning monthly, quarterly, and grand finale prizes.
The PUNCH reported that the bank is set to disburse about N130m to customers in total during the fourth season of its savings promo.
