Stanbic IBTC Bank has rewarded additional 70 customers with N100,000 each totaling N7m through its ongoing Reward4Saving Promo in the January draw.

This is part of the foremost bank’s aim to reward customers who have unwavering commitment to saving with a total sum of N126,000,000.00 over a twelve-month period.

This has summed up the total number of beneficiaries to 1,424 since the inception of the promo in 2021.

The bank noted in a statement that the Reward4Saving promo is currently in its third season and the promo will run from September 2023 till August 2024.

Stanbic IBTC Bank will continuously reward 70 customers with N100,000 each in the monthly draws; seven customers with N1 million in the quarterly draws; and seven customers will also be rewarded with N2 million in the grand finale within the period.

The Head of Middle Market and Youth Segment, Stanbic IBTC Bank, Layo Ilori-Olaogun described the Reward4Saving promo as an initiative that teaches Nigerians to build healthy financial habits while rewarding them for staying consistent.

“We are proud to continue rewarding our customers’ dedication and commitment to saving towards their financial goals, especially in these challenging economic times. Their success is our success,” Layo said.

According to the bank, the Reward4Saving Promo is a promo targeted at rewarding new and existing savings account and @ease wallet customers for their unwavering loyalty and patronage and to promote a savings culture among Nigerians.

The promo is designed to reward winners every month with N100,000 from 17th July 2023 to 30th June 2024 when they save a minimum of N10,000 in their account for a minimum of 30 days. The total sum to be awarded to the winners of this promo is the sum of N126,000,000.00 over a twelve-month period.