Daily Trust

Wema Bank rewards customers in promo


While credit is the livewire for most businesses globally, the lack of access to funding has challenged businesses, especially in Africa.

However, UBA said it has deepened its consumer product offerings with the aim to deliver services that will empower the customers, thus stimulatin­g economic growth on the continent.

UBA’s Head, Consumer Lending, Anant Rao,

Wema Bank has launched a reward scheme, 5 for 5, where customers could win prizes within the next nine months. Beginning from the 1st of July, the bank will be rewarding its customers with cash prizes to appreciate them for their unwavering patronage.

The reward scheme will see some customers move up the social status ladder as millionair­es emerge in the promo draws that will cover many customers in different locations in the country.

The bank said it would be given N31.5 million to customers in nine months


and to mark its 76th anniversar­y this year. There is a monthly grand prize of N1m for one customer, N100,000 for 20 customers and N10,000 consolatio­n prizes for 50 customers monthly. This gives a total of 71 people getting rewarded each month.

Explaining the participat­ion process, Retail

Divisional Head, Wema Bank, Dotun Ifebogun, disclosed that it is open to new and existing customers.

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