Sterling Bank Rewards Customers

Sterling Bank
  • Sterling Bank Rewards Customers

No fewer than 29 millionaires have emerged in the ongoing Sterling Bank Plc’s Savers Reward Scheme.

The scheme was launched in March to reward loyal customers of the bank and encourage a savings culture among Nigerians, the lender said in a statement on Thursday.

At the first draw held in Lagos on Friday, 29 individual customers with a monthly balance of N25,000 in their saving accounts won N1m each.

Similarly, 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 lucky winners were selected via an electronic raffle draw system.

They were from various parts of the country. The draw was witnessed by officials of the Consumer Protection Council, Lagos State Lotteries Board, National Lottery Regulatory Commission and Akintola Williams Deloitte.

The Chief Marketing Officer, Sterling Bank, Mr. Henry Bassey, described the promo as a hybrid offering with the combined features of a savings and current account.

He said, “Sterling Plus Account offers customers exciting benefits that include a free debit card, free cheque book, free SMS and access to cash rewards amongst other value added benefits.

“The product which could be accessed at any Sterling Bank branch with an opening and minimum balance of N5,000 is the perfect solution for individuals interested in enjoying the benefits of both current and savings account offerings, without the associated cost of running a current account.”

Bassey noted that the Sterling Plus was developed after an extensive market research to address the needs of the existing and potential customers, adding that it would also encourage a savings culture in Nigeria.

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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