Stanbic IBTC Bank has rewarded 148 customers with a total of N23 million in cash prizes during the May and June draws of its Reward4Saving Season 4 campaign.
In a statement released on Thursday, the bank revealed that the draws—held at its headquarters in Lagos—combined two monthly events with the first quarterly draw of the season. The promo continues to incentivize saving while appreciating loyal customers across the country.
During the monthly draws, 140 winners each received N100,000, amounting to N14 million in prizes. Additionally, the quarterly draw saw eight customers emerge as winners. Seven of them, one from each of the bank’s business zones, received N1 million each, while the grand quarterly winner walked away with N2 million, bringing the quarterly total to N9 million.
The draws were conducted under the supervision of key regulatory bodies, including the Federal Competition and Consumer Protection Commission (FCCPC), Advertising Regulatory Council of Nigeria (ARCON), and the Lagos State Lotteries and Gaming Authority, ensuring transparency and fairness.
To qualify, customers must maintain a minimum balance of N10,000 in their Stanbic IBTC Savings Account or @ease Wallet for 30 consecutive days.
Since the start of Season 4 in May 2025, N30 million has already been distributed to 218 winners, adding to the over N300 million awarded to more than 2,000 customers since the programme launched in 2021.
Emmanuel Aihevba, Country Head of Personal Banking at Stanbic IBTC Bank, highlighted the purpose behind the initiative:
“We are rewarding 148 savers with a total of N23 million to support their aspirations, ranging from education to entrepreneurship. At Stanbic IBTC, we remain committed to promoting financial well-being and encouraging a savings culture across Nigeria.”
One of the monthly prize winners, retiree Kesena Igben, shared how impactful the reward has been for him:
“My daughter came with me to receive my prize. On our way to the Stanbic IBTC office, she said, ‘Daddy, you’re so excited.’ I told her, ‘This money has saved me two weeks of fuel expenses.’ It may seem small to others, but to me, it’s a big relief.”
The Reward4Saving promo continues to provide meaningful financial support while celebrating customers’ commitment to saving for the future.
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