LAPO Microfinance Bank Limited has disclosed that through the LAPO xpress save and win promo season 2, over N1.8billion has been saved in three months.
The bank has rewarded the winner of the promo with N1 Million star prize, moreso, to promote savings culture, deepens financial inclusion.
The bank said that the LAPO Xpress Savings Promo Season 2 themed: “Double Double” shows the bank’s proactive response to the current socioeconomic realities and its intentional commitment to customers empowerment.
Halisu Kabiru, the winner and a customer with the bank’s Zaria 1 branch in Kaduna surfaced after a raffle draw for the N1 million grand prize as well as other consolation prize winners of N40,000 each.
During the raffle draw event held at LAPO House in Lagos, The Head, Corporate Planning Department LAPO MFB, Mrs. Dorcas Thorpe, revealed that the bank which started the season 1 of the initiative with 50 thousand customers a few months ago, has increased its customers base to eight million.
Mr Oluremi Akande, The Marketing Director and Communications, has earlier disclosed that the key objective of the Xpress savings account was to further deepen financial inclusion, achieve poverty alleviation, and support customers’ to build sustainable wealth.
He furthersaid that the management of the bank have decided to Double the prizes in line with the theme of the promo exercise from N500, 000 as a star prize to N1 million while the consolation prize moves from N20,000 to N40,000 for 100 lucky winners, respectively.
