Stanbic IBTC Bank is set to give out about N130m to customers in the fourth season of its savings promo.
The bank announced the launch of Season 4 of its highly successful Reward4Saving Promo, reinforcing its commitment to fostering a strong savings culture among Nigerians, on Wednesday.
From the previous three seasons, over 1,900 winners have collectively received N318m, and this year’s edition will see a total of N130m awarded to 874 lucky winners.
Speaking about the initiative, the Chief Executive of Stanbic IBTC Bank, Wole Adeniyi, emphasised the bank’s dedication to financial empowerment, saying, “We are committed to empowering our customers to achieve their financial goals. The Reward4Saving Promo is our way of saying ‘thank you’ to our loyal customers and encouraging them to develop a savings culture.”
The promotion encourages Nigerians to develop a savings culture and reward their loyalty.
Simply fund your new or existing savings or @ease wallet with a minimum of N10,000 for at least 30 days. The more multiples of N10,000 you save, the higher your chances of winning.
To participate, eligible individuals must maintain a minimum balance of N10,000 in their Stanbic IBTC Bank Savings Accounts or @ease Wallet for at least 30 days to be automatically entered into the promotion. Non-account holders are encouraged to open Stanbic IBTC Bank Savings Accounts and maintain a balance of N10,000 to participate.
To lend credence to the transparency of the winners’ selection process in the Reward4Saving Promo, the draws are usually supervised by representatives from the National Lottery Regulatory Commission and the Advertising Regulatory Council of Nigeria. The promo has won “The Most Transparent Consumer Promotion” Award two years in a row at the Industry Awards.