NLNG Corporate Teamwork banner First bank campus storm Fidelity bank card banner Emerald Energy Institute Camano banner

Fidelity Bank makes history with novel account opening initiative •Launches new savings campaign

By News Express on 10/10/2018

Gmail icon

Views: 693

Top Nigerian lender, Fidelity Bank Plc, on Monday unveiled a novel account opening initiative, just as it launched a new savings promotion campaign aimed at rewarding new and existing customers of the bank. The new account opening initiative, the first of its kind in the Nigerian banking industry, enables members of the public to open online savings accounts through a Quick Response (QR) code which can be scanned from any of the promotional materials such as roll up banners, fliers, posters and newspaper adverts.

This, according to Executive Director, Shared Services and Products, Fidelity Bank, Mrs. Chijioke Ugochukwu, “is expected to significantly ease the process of enrollment of new accounts and deepen the penetration of the new savings promo tagged ‘Get Alert in Millions Season 3’.”

Mrs. Ugochukwu, who doubles as the Chairperson of the Promo Committee, said during the launch ceremony at the bank’s corporate Head Office in Lagos Monday:  “This new savings promo is the 8th in 11 years. As with the previous ones, we are motivated to continue to empower our customers by rewarding them with cash and gift items, whilst at the same time promoting the savings culture, in line with the financial inclusion drive of the Central Bank of Nigeria (CBN).”

Speaking shortly before formally flagging off the promo, Fidelity Bank CEO, Mr. Nnamdi Okonkwo, thanked customers, stating that the bank is motivated to continue to incentivize them for their patronage. He said it was imperative to acknowledge the contributions of customers to the growing fortunes of the bank. “Last week, we joined other institutions across the world to observe the 2018 Customer Service Week and I want to use this opportunity to again thank all our customers. Our impressive half year results attest to your support and with your continued patronage, we are on course to delivering on our financial targets for the year,” he said.

Mr. Okonkwo said that as a customer-centric bank, Fidelity Bank would continue to leverage technology, in line with its digital retail strategy, to better serve customers, through innovative products, services and solutions. He reeled our some of the products to include the newly upgraded Fidelity Online Banking, *770# Instant Banking and Flashkey. “Our online banking solution enables you to transfer foreign exchange seamlessly just as we are the first bank to introduce a chat banking solution that is known as Flashkey. This solution enables you to effect monetary transfers whilst on any social media platform, without recourse to the online banking platform installed on your mobile device,” he stated.

GAIM Season 3, as the new savings promo is called, is expected to run for 9 months till June 2019. The bank, within this period will give out over N120 million in cash and consolation prizes, including weekly airtime rewards.

To participate, Head, Retail Banking, Fidelity Bank, Mr. Richard Madiebo, said: “Customers can open a savings account and grow it to N20,000 or top up an existing account with N10,000 or more to qualify for the monthly draws to win N1million or N2 million. To qualify for the star prize of N3m, he explained that customers are expected to grow their account balances by N50,000 monthly whilst accounts that maintain a minimum of N200,000 qualify for the grand prize of a whooping N10 million.”

“As a bank with branches across the country, the draws ceremonies will be done to ensure that everybody, irrespective of where their accounts are domiciled, stand equal chances of winning,” he explained.

There will be a total of six draws to produce 77 cash and 108 consolation prize winners over the duration of the exercise.

The launch ceremony had in attendance the press, regulatory bodies and some winners from previous savings promotion campaigns. Alhaji GaffarAbdullateef, a previous winner, thanked Fidelity Bank for the N3m he won in the last promo, saying that it “significantly gave boost” to his business. 

Assistant Director, National Lotteries Regulatory Commission, Joy Okuna, praised Fidelity Bank for the transparency displayed in the last promos.  “As regulators, our duty is to ensure that promos are conducted transparently and I must attest to the high degree of transparency that we see with all Fidelity Bank savings campaigns and we expect no less from this,” she stated.

Source News Express

Posted 10/10/2018 11:50:47 AM





You may also like...
APC claims victories in Bauchi, Katsina senatorial bye...

Buhari to ECOWAS leaders: We must win the...

2019: Okorocha, Owerri Zone set for showdown

NNPC promises more than 5 million jobs

APC vice-chairman shot dead

NCC breaks silence, defends historic N1.04 Trillion MTN...

Postponement of 2015 polls nothing to worry about...

U.S to deny citizenship to immigrants who use...

Fuel now sells for N400 a litre in...

NANS demands reinstatement of 13 sacked vice chancellors...

FG partners U.S. on fair labour practices

Man spends 45 years in jail for crime...


Latest News Anya, Kolade point way to a better Nigeria •Stress need to identify, empower talented, visionary youths Aisha Buhari locked out in Aso Villa APC crisis deepens, Buhari, Oshiomhole’s states worst hit 2019 polls: Court awards N20m against Army Nobody attacked Oshiomhole — Edo CP insists 2021: Group lures Soludo to enter Anambra governorship race NDDC: A people’s albatross, By Ebun-Olu Adegboruwa Ex-militants to Akpabio: Develop Niger Delta, take over Amnesty Programme Yellow Fever kills 22 in Bauchi Bayelsa, Kogi politically volatile — NEC BBOG rues missed opportunities to rescue the Chibok Girls, challenges Buhari to keep promise Bayelsa doesn’t need governor colluding with oil firms to sponsor militancy — Senator Diri •PDP Inaugurates Campaign Council


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (550,727 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (447,235 views) Shameless Genevieve Nnaji exposes breasts in public (394,722 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (330,621 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (298,841 views) 10 cars more expensive than Jets (263,418 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (255,999 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (253,257 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (234,727 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (220,907 views) Lagos plane crash: Journalist releases victims’ names (198,474 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (195,697 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (105) Business & Economy (4,490) Business Verdict (85) Columnists (1,127) Complaints & Requests (96) Enterprise & Opportunities (217) Entertainment (689) Features (829) Global Business Monitor (464) ICT Monitor (65) International (4,073) Interview (204) Live Commentary (30) Love Matters (174) Maggie's Blog (448) News (52,644) Opinion (1,394) Pidgin (17) Politics (11,569) Religion (1,110) Sports (2,194) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera