Business / 2 Sept 2025

Stanbic IBTC Bank rewards 70 customers in latest draw of ₦130m savings promo

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Stanbic IBTC Bank rewards 70 customers in latest draw of ₦130m savings promo

Stanbic IBTC Bank has restated its commitment to promoting a sustainable savings culture in Nigeria with the successful hosting of the fourth monthly draw of its Reward4Saving Promo – Season 4.

The event, held in Lagos, produced 70 winners across the Bank’s seven business zones, each walking away with ₦100,000. Winners qualified by maintaining a minimum savings balance of ₦10,000 in their Stanbic IBTC Savings Account or @ease Wallet for at least 30 consecutive days.

To guarantee fairness, the draw was conducted under close supervision by regulatory representatives. Among those present were officials from the Federal Competition & Consumer Protection Commission (FCCPC), the Advertising Regulatory Council of Nigeria (ARCON), and the Lagos State Lotteries and Gaming Authority (LSLGA).

Since the start of Reward4Saving Promo Season 4, 288 customers have collectively won ₦37 million. The initiative, set to conclude in April 2026, will see a total of ₦130 million shared among participants. With ₦93 million still in the prize pool, anticipation continues to build among Stanbic IBTC customers nationwide.

Head of Sales and Distribution for Lagos Mainland, Oluwakemi Zollner, underscored the Bank’s intention to recognise and reward loyalty while cultivating sound savings habits.

“Stanbic IBTC Bank is committed to rewarding loyal customers while encouraging a savings culture in society. The promo is open to both existing and new customers. By saving just ₦10,000 for 30 consecutive days in a Stanbic IBTC Savings Account or @ease Wallet, customers become eligible for the draw, and the more they save, the higher their chances of winning,” Zollner explained.

One of the winners, entrepreneur Ebinum Abosede, described the surprise and relief of receiving her cash prize. “When I first got the call, I was sceptical and assumed it was a scam. Even my daughter advised me not to go. But now that I am here and have received my alert, I am overjoyed. I recently moved into a new house and needed funds to paint it. Thanks to Stanbic IBTC Bank, I can finally give my new home a fresh coat of paint,” she said.

The Reward4Saving Promo continues to attract national attention, motivating individuals to stay financially disciplined while being rewarded for their efforts. Through this initiative, Stanbic IBTC Bank strengthens its role in advancing financial inclusion, empowering communities, and celebrating the achievements of Nigerian savers.