STERLING Bank Plc has
again produced another set
of millionaires in its ongoing
savers reward promo
initiated to reward customer
loyalty and encourage
savings culture among
Nigerians.
At the end of the third
draw held in Lagos at the
weekend, 16 individual
customers with a monthly
balance of N25,000 in their
savings accounts won N1
million each, bringing the
number of millionaires
produced by the promo that
was launched in March to
60.
The draw also saw 40
customers with a weekly
balance of N10,000 in their
accounts winning N50,000
each while four nonindividual
customers with
Sterling Plus accounts won
N250,000 each.
At the second draw held in
Lagos recently, 15 individual
customers with monthly
balance of N25,000 each
in their savings accounts
won N1 million each, 40
customers with weekly
balance of N10,000 in their
accounts won N50,000
each while four customers
won an-all expense paid
foreign trip to a country of
their choices or a shopping
voucher worth N1 million
each.
Also, at the first draw
held last July, 29 individual
customers with monthly
balance of N25,000 in their
savings accounts won N1
million each, 40 customers
with weekly balance of
N10,000 their accounts won
N50,000 each while four
non-individual customers
with Sterling Plus accounts
won N250,000 each.
Speaking during the
draw at the corporate
headquarters annex of
the bank in Lagos at the
weekend, Mass Market
Product Manager, Sterling
Bank, Mr. Olamide Jolaoso,
explained that the promo
which started in March is
expected to produce 192
millionaires by February
2018. Therefore, 192
customers will win N1
million each, he said.
He said the objective of the
promo is to enrich the lives
of customers of the bank,
adding that since the bank
embarked on the initiative
about three years ago there
have been testimonies of
various lives that had been
positively affected by the
bank.
The customers were
selected via an electronic
raffle draw system and
winners emerged from
various parts of the country.
The event was witnessed by
officials of the Consumer
Protection Council (CPC),
Lagos State Lotteries Board
(LSLB), National Lottery
Regulatory Commission and
Akintola Williams Deloitte.
In the monthly draw of
N1million, all customers
with a minimum balance
of 25,000 automatically
qualified for the draws
with one ticket, adding that
a total 107,105 customers
qualified for the draw with
1.6 million tickets as the cutoff
date of September 29,
2017.
In the weekly category, a
total of 154,873 customers
qualified with 4.2 million
tickets as at the cut-off
date of September 29, 2017
while in the non-individual
customer’s category, 1,470
customers qualified with
17,804 tickets as at the cutoff
date of September 29,
2017.
Chief Marketing Officer
of the bank, Mr. Henry
Bassey enjoined prospective
customers of the bank to
also take advantage of the
on-going reward scheme
to open savings accounts
with the bank, adding that
the more money they save,
the more their chances of
winning.
Under the mechanics of the
promo, clubs, associations,
churches and mosques
(non-individual saving
plus account holders) who
have savings plus accounts
with minimum balance
of N50,000 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.

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