Sterling Bank last weekend presented prizes to winners of the first draw of its on-going Sterling Savings Reward promo.
The promo was launched last March by the bank to reward customer loyalty and encourage a culture of savings among Nigerians also received endorsement of the National Lottery Regulatory Commission, the Consumer Protection Council (CPC) and the Lagos State Lotteries Board (LSLB).
In the first draw held across the Nation recently, 29 individual customers with a minimum balance of N25,000 in their savings accounts won N1 million each, 40 customers with a weekly balance of N10,000 in their accounts won N50,000 each, while four non-individual customers with Sterling Plus accounts won N250,000 each.
The customers were selected via an electronic raffle draw system and winners emerged from various parts of the country.
Speaking at the presentation ceremony held at the corporate headquarters of the bank in Lagos, Chief Marketing Officer, Mr. Henry Bassey said that 192 customers will win N1 million each, amounting to N192 million between now and February 2018.
He said the objective of the promo is to enrich the lives of the bank’s customers. He added that since the bank embarked on the initiative about three years ago, there have been testimonies of how the bank has positively affected people’s lives.
Some of the winning customers shared their experiences of how they reacted when they first learnt they had won prizes in the promo.
Clubs, Associations, Churches and Mosques (non-individual saving plus account holders) who have savings plus accounts with a minimum balance of N50, 000 also qualify for the monthly draw of N250, 000; A savings account customer with a minimum balance of N10,000 qualifies for the monthly draw of N50,000 or a Kia Picanto car.
In the same vein, a savings account customer with a minimum balance of N25,000 qualifies for the N1 million draw, while a savings account holder with a minimum balance of N50,000 is entitled to a fully paid holiday/shopping voucher worth N1 million.