Customers who save at least N10,000 in their savings account for at least thirty days, qualify for the draw.

During the draw, Layo Ilori-Olaogun, head, Middle Markets and Youth Segment, Stanbic IBTC Bank, applauded the commitment of participants and winners and urged them to continue the discipline of saving.

According to Layo,

“The Reward4Saving Promo, now in its third season, is excited to have completed four monthly draws and one quarterly draw; rewarding 287 customers with N35 million. As a people-driven financial institution, we are delighted to hear past winners share testimonies of how this initiative has immensely decreased their financial burden. At Stanbic IBTC Bank, we prioritise putting our customers’ matters first, which is evident in our high customer retention and loyalty.”

The promo which runs till August 2024, will reward seven customers with N2 million each across seven regions in its grand finale draw. Customers are enjoined to continue saving as this is the only guarantee to qualify for the promo.

“In the months preceding the finale, seventy customers will each be rewarded with N100,000 in the monthly draws; while seven customers will win N1,000,000 in the quarterly draws. Existing and new customers are urged to keep saving to boost their chances of winning,” Layo said.

Stanbic IBTC Bank introduced the Reward4Saving promo in 2021 to encourage customers to save for rainy days. Customers who deposit at least N10,000 in their Stanbic IBTC Bank Savings Account or @ease wallet for a minimum of thirty days, qualify for the draws.

Both draws took place at the Bank’s head office at Walter Carrington Crescent, Lagos.

70 customers won N100,000 each, while seven other customers received N1,000,000 each. The winners were selected across our seven business regions in Nigeria which are Lagos Island, Lagos Mainland, Southwest, Southeast, South-South, Northwest and North Central.

The Reward4Saving promo, which is in its third season, remains a very attractive reward scheme for savings accounts and @ease wallet holders who bank with Stanbic IBTC Bank.

The promo was introduced to encourage customers to save for rainy days, as customers are expected to maintain as little as ₦10,000 in their savings account for a minimum of 30 days, to qualify for the draw.

During the presentation of the cheques, Layo Ilori-Olaogun, head, Middle Market and Youth Segment, Stanbic IBTC Bank, noted that the Reward4saving promo is “just one way to express gratitude to our customers for choosing the Bank as their preferred financial services partner”.

“This initiative aligns with our commitment to fostering a savings culture and helping customers to achieve their financial aspirations.”

The Reward4saving 3.0 promo started in September 2023, and 210 people have been rewarded with N100,000 each. With nine more draws left until the end of season three, Stanbic IBTC Bank is set to reward 630 new and existing customers from seven business zones with ₦100,000 each; 21 customers with ₦1,000,000 each; and seven customers will be rewarded with ₦2,000,000 each in the grand finale.

According to Layo,

“We will continue to reward our customers for their loyalty and trust in our services. This promo will run until August 2024, and more winners will emerge in the monthly and quarterly draws.”

Layo urged prospective customers to download the Stanbic IBTC Mobile App, visit the Bank’s portal or any Stanbic IBTC Bank branch or @ease agent to open a savings account or @ease wallet, so that they too can start their journey towards winning in the Reward4Saving promo.

The first draw of this season, which took place at the Stanbic IBTC Head Office in Walter Carrington Crescent, Victoria Island, Lagos, saw new and existing customers from seven regions win cash prizes of ₦100,000 each for meeting the savings milestone.

Stanbic IBTC Bank aims to maintain this throughout the 12-month promo period, by which time, Stanbic IBTC Bank will reward 840 customers with ₦100,000 during the monthly draws.

The Bank also aims to reward seven customers with one million naira each in the quarterly draws and seven customers with two million naira each in the grand finale.

Speaking at the event, Layo Ilori-Olaogun, Head, Middle Market and Youth Segment, Stanbic IBTC Bank, expressed delight at the turnout and the successful execution of the live draw.

Layo remarked;

“Reward4Saving has become a cornerstone of our commitment to encourage a savings culture in Nigeria. Based on this year’s theme The Rewards are Back, we are thrilled to see the enthusiasm from our customers and partners for this initiative. With Reward4Saving Season Three, we aim to take the savings experience to a whole new level by offering rewards and benefits to our customers.”

“This journey has been interesting since we started in 2021, and it is commendable that we have seen two seasons turn more Nigerians into millionaires. Our commitment to helping customers reach their financial aspirations is evident in the return of another season of the promo. Our customers’ success is our success, and we are happy to provide them with the tools and support they need to reach their financial goals,” Layo added.

Ikechukwu Ezeigbo, Manager, Customer Value Proposition, Stanbic IBTC Bank, congratulated the winners who emerged after the draw.

He urged customers to continue saving as the Stanbic IBTC Reward4Saving Promo is a nationwide campaign to encourage Nigerians to save at least N10,000 in their Stanbic IBTC savings account and maintain it for at least 30 days. Customers who emerge as winners get rewarded with cash prizes ranging from N100,000 to two million naira.

According to Ikechukwu, “To be a part of the promo, customers can download the Stanbic IBTC Mobile App, dial *909*37#, visit the web portal or any Stanbic IBTC Bank branch or an @ease agent to open an account or @ease wallet and save at least N10,000 for 30 days to qualify for the draw.”