Daily Trust (Abuja)

Nigeria: Fidelity Bank Kicks Off Silver Jubilee With Cars, Cash Rewards

Lagos — Four lucky winners have emerged at the first mini draw of the Fidelity bank's 25th anniversary cars and cash savings reward scheme held in Lagos at the weekend.

The star prize of N100,000 cash went to Charles Nwaiwu while Izunna Akusonowua, the second prize winner got a Blackberry smart phone. Sunday Oliver Tobechi and Ekenedirichukwu Ike- Okoro, two of the third prize winners, each went home with a medium sized generator.

The 25th anniversary cars and cash savings promo is the first in the series of activities the bank has lined up to celebrate its silver jubilee.

The bank said is embarking on the savings campaign to encourage savings culture among Nigerians of all age brackets.

"In an environment like Nigeria where access to funds is minimal, individuals must cultivate the habit of putting something aside for the future. This invariably puts you in a better position to borrow from a bank or other sources than one who does not have savings at all. We encourage you to simply open a savings account with Fidelity bank with a minimum deposit of N20, 000 or top up existing accounts with incremental N10, 000 to be eligible for the monthly draw".

The bank said the savings account could be any in the savings bouquet which includes the Fidelity Savings Accounts (FSA), Fidelity Personal Savings (FPSS), SWEETA (for children), Easisave or Flex (for the youth).

" Customers that deposit N20, 000 and above would be given instant gifts and the more deposit a customer makes the higher his chances of winning the prizes. For the 25 years the bank has operated, Fidelity will give out one Hyundai Accent car and N1million cash, making it a total of 25 cars and N25million cash over the next five months", it said.

Five cars will be won every month, as well as N5million. There will also be one winner of N1million Star prize per month to be alternated among the draw locations, two 1st prize winners of N500,000, eight 2nd prize winners N250,000 and 10 winners of N100,000 3rd prize winners as well as 105 cash winners throughout the promo at 21 winners per month.

The bank said the 25th anniversary cars and cash savings splash is scheduled to run for a period of six months with draws at the first week of each new month.

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