Banking Finance

GAIM4: Fidelity Bank supports financial inclusion drive with N68m

Fidelity Bank Plc says it has doled out N68 million to its customers to support the Federal Government financial inclusion under Get Alert in Millions (GAIM) promo season 4.

Mr Nnamdi Okonkwo, the bank’s Chief Executive Officer, stated this at the fourth monthly and second bi-monthly GAIM season 4 presentation in Lagos on Monday.

Okonkwo, represented by Mr Richard Madiebo, Divisional Head, Retail Banking, said the bank had given out N68 million in cash and 72 consolation prizes of fridges, TV sets and generators to over 123 winners.

He stated that the bank still had a total of N52 million and several consolation prizes yet to be won in the ongoing promo.

Okonkwo noted that the bank had organised nine savings promo in the last 12 years to improve standard of living of its customers.

He added that the initiative was introduced to push the financial inclusion drive of the federal government.

Okonkwo stated that the bank had created viable opportunities for Nigerians to get better return on savings in view of the changing economic landscape.

“Currently, savings gives better yield than other instruments and what we are doing is in line with the CBN’s directive on financial inclusion and  to create better value for our customers.

“We have done about N68 million in cash prizes so far and we have N52 million to go; so what we are telling customers is that this is the time to save money.

“You are always a winner when you save, it is either you are winning in the area of cash prizes or consolation gifts or even in the good service that you are given in any of our branches.

“To this end, we set aside a total of N120 million as gifts to our customers as they participate in this promo,” Okonkwo said.

Okonkwo said further that  no fewer than 30 winners would be rewarded in cash prize and consolation prizes across the six geo-political zones of the country.

“Today we are here to keep our promise as we will reward about 30 winners with one million naira, two million naira  and three million naira across the six geopolitical zones of the country.

“Here in Lagos, we are rewarding three winners with one million naira and two million naira amongst other consolation prizes,” he said.

According to him, a total of N4.8 million worth of airtime has been given out to encourage customers as well as Nigerians to partake in the promo and become winners too.

Shedding light on how people can qualify for the draw, the Branch Manager, Fidelity Bank, Oshodi, Mr Abisayo Raji, stated that both existing and new customers can win.

He said they could win by simply topping their account with N10,000 for existing customers or someone opening a new account and building it up to N20,000.

Raji noted that to qualify for the star prize of N3 million, one needs to build his account to N50,000 while one aspiring for the grand prize of N10 million only has to grow his account to N200,000.

The winners include Mojeed Tijani, Uju Ejindu, Adepeju Esther Adepoju, Salisu Mohammed, Imo Amamnkem, Ogboada Adonyeofori, Abonyi Chukwudi, Ngozi Olekanma, Nwankwo Chinonso, Sani Usman, Abraham Said and Akinpelu Emmanuel.

 

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