As part of its continuing drive to encourage savings culture among the general public, the unbanked segments in particular, and in line with its reward initiative for its customers, FirstBank, Nigeria’s most valuable banking brand, has rewarded 480 customers in the January monthly raffle draw of the FirstBank Savings Bonanza, which was held on Thursday.
The event took place in Awka, the Anambra State capital, with lots of gifts and cash prizes.
The promo, which kicked off in September 2014, will run till February 28, 2015 and winners will emerge based on Monthly and Quarterly Draws to be held during the duration of the promo.
The monthly and quarterly raffle draws in the Savings Promo Bonanza have produced several winners in the past months.
They include 180 winners of 32-inch LED Televisions, 180 winners of Samsung Galaxy Tab 3, 180 winners of Home Theatre Systems, 180 winners of N50,000 cash prize each and six winners of a brand new Hyundai Elantra cars
Speaking at a media event recently, the Head of Consumer Banking Products, Adebimpe Ihekuna, said: “The FirstBank Savings Promo Bonanza is a platform designed for enhancing savings culture in the nation and encouraging the youths as well as the unbanked to embrace the financial services system.”
It is designed to reward customers for their patronage and loyalty to the brand over the years in keeping up with the Brand’s promise of putting customers first.
Ihekuna also added that the Bank has been changing the life style of average Nigerians with its Savings Promo since 2008.
To qualify for the monthly draws, existing customers need to increase their savings account with N10,000 monthly and allow balance to stay in the account for a minimum of 30 days.
Multiples of N10,000 increases on existing account will afford multiple tickets for the monthly draw, thus increasing the chances of winning.
New customers who open a savings account with N10,000 and allow balance to stay in the account for 30 days also qualify for the monthly draw.
Multiples of N10,000 fresh deposits by new customers will afford them multiple tickets for the monthly draw.
To qualify for the quarterly draws, new and existing customers are to increase their savings account balance with N20,000 consecutively for three months or a bullet minimum of N60,000 unbroken for three months.
The final draw of the Savings Promo Bonanza comes up in March 2015 and customers are encouraged to participate by increasing their FirstBank Savings account balances with a minimum of N10,000 or N20,000 as often as possible before the next draw to increase their chances of winning.
Commenting on the promo, the Head of Marketing and Corporate Communications for FirstBank, Folake Ani-Mumuney, reiterated FirstBank’s commitment to her customers’ needs and aspirations and enjoined them to continue to patronize the Bank, whilst assuring of the Bank’s drive to continue to churn out innovative and tailored-fit products and services.
In ensuring transparency and credibility of the draws, the process is under the supervision of the National Lottery Regulatory Commission and with world class consultants, KPMG Professional Services, to ensure the promo aligns with world best practice.