United Bank for Africa (UBA) Plc has restated commitment to securing future of kids and teens in its innovative savings draw.
The bank rewarded 20 kids with N200,000 each as scholarship grants in its just concluded Kiddies and Teens Draw.
The winners had qualified to win in this year’s first draw because their parents/guardians had maintained standing instructions of N10,000 to their child/ward’s UBA Kiddies or Teens Accounts for a 6-month period
The draw is an innovative first of its kind initiative conceptualised by UBA with special intention to inculcate a Savings culture that set kids and teens up for a secure future as well as put them on a strong footing for independence and ultimately actualising their dreams.
The virtual draws, witnessed by representatives of the National Lottery Regulatory Commission (NLRC) and the Consumer Protection Council (CPC), saw winners emerge from across all the regions of the country.
Among the 20 kids and teenagers who won N200,000 educational grants were Anderson Andikan Nathan, Salihu Yakubu Mahamud, Simeon Thankgod Ofomona, Nwaeze Annabel Chiziterem, Eva Favour Emmanuga Makuachukwu, Ifechukwudi Divine Ugbeh, Jeremiah Unekwuojo Isyaku, Iyare Francesca Owa and Okoye Gerald Munachi.
One of the winners, Okoye Gerald, whose father was contacted over the phone following his winning was very excited and expressed his heartfelt gratitude to the management of UBA for the opportunity.
Head, Personal Banking, UBA, Ogechi Altraide, congratulated all the winners after the draw, saying that apart from the monthly and quarterly rewards that the bank gives to its loyal customers in the UBA Bumper and savings promo, the bank had gone a step further to encourage parents to instill the savings culture on their kids and teenagers.
She said: “I will like to let you know that this is another first from UBA, and of course, we are very excited at this because it again goes to show that we take very seriously the mandate of ensuring financial inclusion and this time, we are catching them young and ensuring that as they grow, they increasingly become financially discipline and can fuel their dreams to a happy end, which exactly what we are passionate about as a bank.’
Also, head of Marketing, Diana Ubah, pointed out that, “UBA has continued to show and prove that, we are passionate about the overall growth and success of every customer and that is why we go ahead of others to innovate and come out with initiatives that are unique and can transform the lives of our customers for good.”
The UBA Kiddies is an account designed for children between the ages of 0-12 years while UBA Teens Accounts is between the range of 13-17 years.
Other benefits of the account include a 13th-month cash reward and special invitation to the bank’s children focused events
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