Sterling Bank

By Adelere Ajayi

Sterling Bank Plc at the weekend rewarded more lucky customers in its on-going Savers’ Promo held in Lagos.

In fact, the commercial bank gave out cash prize of N2 million to four of its savings customers in the third monthly draw.

Four customers won N500, 000 each, while 10 others won Home theatres and refrigerators. The N500,000 winners  from the four regions of the country were Babalola Sunday Lamidi, from Lagos, Nwaogbu Jack Okechukwu from Yola, Sulaimon  Abioye from Warri and a couple operating a joint account in Ibadan-  Mr and Mrs Emmanuel Eze.

Speaking at the event, Group Head, Liability Products and Bancassurance, Sterling Bank, Mr. John Akingbade, said the promo was designed to excite and encourage the bank’s loyal customers. The draw, he said, brought to 42, the number of winners in the promo so far with 15 customers wining home theatres, 15 winning refrigerators and 12 winning N500,000 each.

According to him, the bank had embarked on the promo to drive a savings culture among the unbanked within the population, as such would further help achieve the Central Bank of Nigeria (CBN) policy on financial inclusion and cash-less policy.

Akingbade assured that the financial institution would continue to meet the needs of its customers by delivering quality service to them at all times.

He said the bank had several products that would fit into the personal needs of the customer and enable them participate in the promo.

The Sterling Plus, he said, was one of such products designed for customers who needed savings account but would like to lodge cheques and dividend warrants into the account. The account, he said, also had an attractive interest rate as well as other benefits.

He explained that customers were expected to open new account with minimum initial opening balance of N5,000 and maintain a minimum deposit of N100,000; N50,000 or N25,000 for at least three months during the promo period.