The United Bank for Africa (UBA) has given out the sum of N30 million to 20 of its customers in its ‘Wise Savers’ promo to appreciate their customers effort and encourage them to cultivate a savings culture in the country.
According to reports gathered, 20 winners were given this prize which cut across all regions of the country emerged at the third quarter draw which was held at the bank’s head office in Lagos recently.
It further noted that winners were selected through a computerized and transparent simple random system and picked from the bank’s branches across the six geo-political zones. The Members of National Lottery Regulatory Commission (NLRC), and other lottery regulatory bodies in Nigeria were present to witness the draw to depict transparency and authenticity.
Commenting on the initiative, the UBA Group Head for Transaction and Electronic Banking, Sampson Aneke, said that the bank had commenced the promo as a way of appreciating its customers and giving back to the society which is Corporate Social Responsibility (CSR).
Aneke further revealed that the promo was set to help its customer and Nigerians at large imbibe a culture of savings. According to him, every good corporate citizen always give back to the society as part of CSR which can come in any shape and form.
“It could be that you want to teach the society a kind of behavior that you feel will help the economy and that is what we are doing here today. Savings is a culture that any economy that will survive must have in their numbers.
“Savings is not what you put in an account after you have spent all your money on expenses, which is what a lot of people do. Where savings culture thrive is where people understand that to save must be a deliberate action. It is where you have a specific amount that you put away every month.” He concluded.