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Parallex Bank Rewards 925 Customers with Cash Prizes

Parallex Bank has rewarded a total of 925 customers with cash prizes ranging from ₦5,000 to ₦1 million during the first season of its savings promotion.

According to a statement on Tuesday, the bank said that the grand finale of the ‘Save and Win’ promo rounded off with a grand finale in Lagos.

The ‘Save and Win Promo’ was launched in October 2024 with draws held in cities such as Ibadan, Port Harcourt, Uyo, Warri, and Abuja.

Two customers, Chidiebere Azubuike and Ese Fidelis, walked away with N1m each, at the grand finale, which was held at its Isolo branch, while 153 others won various cash prizes.

Speaking on behalf of the Managing Director at the finale event, Frank Alarapon, the Chief Digital Officer and Head of Retail and SMEs, said the goal of the campaign is to reward customers for their trust and loyalty in choosing Parallex Bank.

Alarapon said, “Over 900 customers have been rewarded in the last six months. For the grand finale, we made it even more exciting by having two millionaire winners, unlike previous draws where only one customer claimed the top prize.”

Azeez Arogundade, Head of Products, Parallex Bank, said the promo is one of the ways Parallex Bank is connecting with its loyal customers. He said the bank has several products designed to offer Nigerians a limitless banking experience in personal, business, corporate or private banking. Arogundade added that the bank is positioned to meet the banking needs of all Nigerians across all strata of the economy.

Declaring the grand finale opened, Margaret Aboluwade, Zonal Coordinator, Southwest Region of the Federal Competition and Consumer Protection Commission, lauded the bank for maintaining transparency and fairness throughout the promo. She commended the financial institution for its commitment to ethical practices and customer satisfaction.

At the end of the draw, 50 winners got airtime worth N5,000, another set of 50 customers won N10,000 each, 30 customers went home with N20,000.00, 10 customers got N50,000, three winners won N100,000 each, and two winners won N1 million each.

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