Sterling Bank Plc said it recently rewarded some of its customers in its on-going savers reward promo. At the end of the draw held in Lagos, 16 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 non-individual customers with Sterling Plus accounts won N250,000 each.
At the second draw, 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 event, Mass Market Product Manager, Sterling Bank, Mr. Olamide Jolaoso, explained that the promo which started in March was 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 was 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 N1 million, 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 cut-off date of September 29, 2017.