Stanbic IBTC Bank has launched the fourth season of its Reward4Saving Promo, announcing plans to reward customers with a total of N130 million over the next 12 months. The initiative, designed to encourage consistent saving habits, kicked off with its first monthly draw, where 70 customers walked away with N100,000 each—ten winners from each of the bank’s seven business zones—amounting to N7 million in total cash prizes.
The bank intends to continue monthly reward draws until March 2026, celebrating and supporting loyal savers nationwide. According to the Head of Personal Client at Stanbic IBTC Bank, the promo turns everyday saving into an exciting opportunity to earn life-changing financial rewards. He noted that the initiative has grown significantly in reach and impact since its inception, offering real benefits to customers.
“Each year, this initiative gets bigger, and we are thrilled to help our customers achieve a better quality of life,” he said.
Among the first batch of winners is Livinus Nnamani, a plumber, who expressed his initial disbelief when he received a text message announcing his win. “I thought it was from fraudsters. But when I visited the bank branch at Okota Road, I confirmed it was true,” he shared. “Seeing the money in my account convinced me the promo is real. I’ll use the money to pay my children’s school fees and will keep saving with Stanbic IBTC.”
At the launch event, Doris Anthony-Itegbe, Head of the Lagos Island Liaison Office, Advertising Regulatory Council of Nigeria (ARCON), commended the bank for upholding transparency and fairness throughout the draw. She praised the clarity of the process, noting the absence of manipulation and the bank’s commitment to integrity.
The ongoing promo will feature multiple reward categories: 840 customers will receive N100,000 each in the monthly draws; 28 customers will win N1 million each in quarterly draws; four customers will walk away with N2 million each in grand quarterly draws; and the campaign will conclude with a grand finale where two winners will each take home N5 million.
Through this initiative, Stanbic IBTC Bank is reaffirming its commitment to promoting a culture of savings while giving back to customers who trust the bank with their financial goals.