Business, News

Sterling Bank Produces More Millionaires

Sterling Bank Plc recently rewarded some of its customers in the 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 N1million each, making it 60 millionaires the bank has produced through the promo since it was launched in March.

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 N1million 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.

READ  Obaseki Gives  Scholarship To Ogbemudia's Children

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.

Mr. Olamide Jolaoso, Mass Market Product Manager, Sterling Bank, who spoke during the event revealed that: “192 customers will win N1 million each. The objective of the promo is to enrich the lives of customers of the bank. Since we embarked on the initiative about three years ago there have been testimonies of various lives that had been positively affected by the bank.”

READ  Ambode Congratulates New NGE President, Egbemode

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.