Lagos: June 20, 2011 - First City Monument Bank (FCMB) Plc has launched a consumer banking promotion tagged the 'FCMB Millionaire Savings Certificate’.

The Millionaire Savings Certificate Promotion, launched in Lagos on Monday, (June 20, 2011) is a unique saving opportunity aimed at promoting savings culture among Nigerians and rewarding savers with cash awards.

Speaking at the launch, FCMB's Executive Director, Retail Banking, Nabeel Malik explained that "the FCMB Millionaire Savings Certificate is a simple, risk-free savings opportunity with the potential of making savers millionaires through electronic draws to be held every month”.

According to Nabeel, all a customer needs to do is to save in an FCMB Savings Certificate in units of multiples of N10,000 at any FCMB branch nationwide. Every unit held for more than 30 days qualifies the customer to participate in a draw to win exciting prizes, while two or more units held for more than 30 days will qualify the saver for the N1 million draw every month".

“The promotion gets more exciting after the first month because Certificates are carried over every month to subsequent draws and can be en-cashed for their full value any time at the saver’s convenience. This promotion gives new and existing customers a unique opportunity to save and get rewarded immensely for saving as the more they save, the more units they amass and the more their chances of winning N1 Million naira every month” he said.

In addition, the Savings Certificate pays the savings interest rates on funds saved, so savers will always get rewarded for saving in the FCMB Millionaire Savings Certificate.

FCMB Millionaire promotions will also reward two lucky customers with N100, 000 each, and 20 other customers with other consolation prizes every month in addition to the monthly draw of N1 million.

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