UBA Wise Savers Promo’ll deepen Nigeria’s saving culture—Official
More reasons have emerged on why United Bank for Africa (UBA) Plc unveiled a new savings promo, called ‘UBA Wise Savers Promo’.
In a statement, the bank said the decision to float the promo is in line with its tradition of deepening the saving culture by rewarding and encouraging its loyal customers.
Speaking during the official launch of the promo, the Head Retail Liabilities, Tomiwa Sotiloye, explained that the promo was consistent with the bank’s novel initiatives in proritising customers.
He stated, “We believe it is time we reward our customers who have been very loyal over the years. Without them, we could not have made the giant strides attained all these years and in recent times.”
Business Hilights gathered that the promo which was scheduled to run till September 30, 2019, would give 80 people N1.5m each across all participating regions.
Sotiloye averred that “The objective is intended to assist in growing the bank’s savings deposit. Participation is open to both existing and new customers.”
The bank further explained that to qualify for the promo, new and existing customers of the bank were advised to make a N10,000 monthly deposit into their UBA savings account for three consecutive months before each draw date, or make a one-time deposit of at least N30,000 saved for 90 days before each draw date.
It added that subsequently, 20 lucky customers would each win N1.5m in the promo every quarter, and the draws would take place every quarter until 80 customers win the N120m.
