Categories: Finance

Access Bank to Grow Customers by 59m in 2 Years

  • Access Bank to Grow Customers by 59m in 2 Years

Access Bank Plc, Nigeria’s largest bank by customer base, has said it plans to grow present customer accounts by 59 million in the next two years, Mr. Victor Etuokwu, the Executive Director, Retail Banking, Access Bank Plc, stated.

According to the executive director, the bank plans to increase customer accounts from the current 41 million to 100 million by 2022.

Etuokwu, who spoke during the launch of the 12th season of DiamondXtra in Lagos, said the lender has launched additional incentives and initiatives that will make the new season more promising for customers.

“This new season we will have over 63 winners for rent for a year category, three people winning salary for life and we will introduce a free health insurance scheme that will cover the customer, spouse or husband and three children.

“We will have the same number of people winning N1 million as regards cash prizes like we had today. We also have a lot of loyalty schemes, we will introduce nine women winners who will be winning N300,000 each and we will be doing draws every month for the rest of this year and one of them will win a shopping allowance of N100,000.

“This year, we are introducing senior citizens, about nine of them will be winning N500,000 each and one of them will get a N100,000 a month,” Etuokwu said.

Robert Giles, the Head, Products Insights and Capabilities, Access Bank, said since DiamondXtra was launched, customers have won prizes worth more than N5.7 billion.

He added that the bank remains committed to Nigerians and will continue to impact lives with new and exciting products and services.

“We said we will stick to this initiative and this season we have made it bigger and better for Nigerians to participate and we are excited about it because we are driving financial inclusion as well as savings in every household. This year, we will be crossing the N6 billion of prize funds which will be distributed to our customers and we have tripled the number of people who would win in DiamondXtra Season 12 and we are happy because we are still going to impact the lives of Nigerians in our quarterly and monthly draws,” Giles said.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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