( NAN) Fidelity Bank Plc on Thursday flagged off its Get Alert in Millions (GAIM) Season 4 promo to strengthen the Federal Government’s financial inclusion drive.
Speaking at the event in Lagos, Mr Nnamdi Okonkwo, the bank’s Managing Director, said N120 million would be given out to customers under the initiative.
Okonkwo, who was represented by Mrs Chijioke Ugochukwu, the bank’s Executive Director, Shared Services, said the initiative was in line with the Central Bank of Nigeria (CBN) financial inclusion drive.
He said savings mobilisation was crucial to the economic growth both in Nigeria and globally.
According to him, the initiative is also aimed at encouraging the savings culture among Nigerians.
Okonkwo explained that the unveiling of the fourth season of the initiative underlined the bank’s determination to improve the standard of living of both existing and new customers.
He noted the bank as an active participation in the Nigerian economy was supporting the federal government by making savings a priority and making available critical infrastructure needed for job creation and national development.
Okonkwo said GAIM 4 was the bank’s ninth savings promo in the past 12 years.
“And as with previous exercises, GAIM 4 is an opportunity for us to use this savings campaign initiative to reward our customers for their loyalty and for their patronage.
“Even though there are some uncertainties in the economy, this is our own little way of rewarding and encouraging our customers to save.
“GAIM 4 will give out more than the previous season and as well encourage digital banking.
“N82 million will be shared to 70 winners, there will be 12 winners of two million naira, and then there will be 58 winners of one million naira,” Okonkwo said.
The managing director added that there would be six winners of three million and a grand prize of N10 million.
Also speaking, Mrs Nneka Onyeali-Ikpe, the bank’s Executive Director, Lagos and South West Directorate, said the financial institution would ensure that its customers enjoyed the best of banking services at their convenience.
Onyeali-Ikpe enjoined non-customers to open an account with the bank in order to benefit from GAIM 4 promo.
“To participate in the new promo, customers can open a savings account and grow it to N20, 000 or top up an existing account with N10, 000 or more.
“These will allow them to qualify for the monthly draws to win one million naira or two million naira, among others,” she said. (NAN)
Edited by Olawunmi Ashafa/Salif Atojoko
Greek PM visits Israel for talks over economic ties, West Bank annexation
Greek Prime Minister Kyriakos Mitsotakis arrived in Israel on Tuesday morning for a two-day visit over economic ties between the two countries and the Israeli planned annexation of the West Bank lands.
Mitsotakis is leading a delegation of senior officials, including six ministers and deputy ministers, and will hold government-to-government talks over the renewal of Israeli tourism to Greece, energy, and bilateral cooperation, according to Israeli officials.
The Greek prime minister is scheduled to hold two meetings with his Israeli counterpart Benjamin Netanyahu, according to the Israeli prime minister’s office.
The Hebrew-language Ha’aretz newspaper reported that Netanyahu is expected to ask Mitsotakis to soften the EU’s reaction to his plan to annex the Jordan Valley, a portion of the West Bank that Israel seized in the 1967 Middle East war.
EU FMs air concerns over Israel’s plan to annex West Bank in video-call with Pompeo
Foreign ministers of the European Union (EU) states voiced concerns over Israel’s plan to annex West Bank at a video conference Monday with United States Secretary of State Mike Pompeo, who “has not accepted or refused anything.”
Josep Borrell, High Representative of the EU for Foreign Affairs and Security Policy, said the move could affect the prospects of a two-state solution and the regional stability.
Borrell said Pompeo took notes of EU states’ opinions, including a German one which “has been very much concrete and insisted a lot in the need of preventing annexation.”
Pompeo “has not accepted or refused anything”, as the meeting was only for an exchange of views, said Borrell at a press conference following the three-hour meeting, which also touched on issues of China and Ukraine.
Borrell said the EU encourages the Israelis and the Palestinians to engage in a credible and meaningful political process, and the bloc recognizes that the latest plan initiated by the United States could serve as a starting point for negotiation, although it does not “respect internationally-agreed parameters.”
Earlier in June, German Foreign Minister Heiko Maas visited Israel and voiced concerns over Israel’s plan to begin annexing portions of the West Bank on July 1 and warned that such a move will violate international law.
As the first European minister to visit Israel since the outbreak of the coronavirus pandemic, Maas said Germany and the EU “seek dialogue” with Israel, but stressed that Europe objects the annexation.
Several arrests made in sweeping police operation linked to Latvia’s ABLV Bank
Latvia police made several arrests Saturday in a sweeping operation targeting entities linked to Latvia’s ABLV Bank, which is currently in a winding-up process, public service media reported.
Around 300 law enforcement officers raided 45 various ABLV-related locations in what was described as one of the largest police operations ever carried out in Latvia.
The locations included a credit institution, several companies, as well as suspects’ workplaces and homes.
“Several persons have been detained. Police continue to work,” the state police said without elaborating.
Peteris Bauska, head of the economic crime unit of the Latvian state police, told reporters that the raids were carried out as part of a probe into the laundering of several hundred million euros. Bank employees were among the detainees, he said.
On Feb. 26, 2018, ABLV Bank’s shareholders decided to wind up the bank after reputational problems arose when United States authorities accused the Latvian bank of involving in money-laundering schemes.