Parallex Bank made an extraordinary impact on its customers during the Save and Win Promo Live Draw held on December 19, 2024, at its Iwo Road branch in Ibadan, Oyo State. The highly anticipated event saw lucky winners walk away with life-changing prizes, with Oluwaseun Fadare emerging as the grand prize winner of ₦1 million.
Over 20,000 eligible account holders nationwide participated in the promo, which is part of the bank’s ongoing effort to encourage a culture of savings and financial empowerment across Nigeria. The event, brimming with excitement and anticipation, saw a total of ₦3.65 million in prizes distributed among 154 winners across various categories.
The winners of the promo were selected across multiple categories, with prizes awarded to the following:
30 winners received ₦50,000 each
50 winners were awarded ₦20,000 each
50 others won ₦10,000 each
50 customers enjoyed ₦5,000 worth of airtime
The live draw, conducted with full regulatory oversight, featured an engaging atmosphere as customers eagerly awaited their chance to win. Dr. Kayode Ojoogun, the State Coordinator of the National Lottery Regulatory Commission (NLRC) in Ibadan, and Aboluwade Margaret, the South West Zonal Coordinator of the Federal Competition and Consumer Protection Commission (FCCPC), were present to ensure transparency throughout the event.
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In his address, Dr. Ojoogun commended the bank for its commitment to maintaining integrity and fairness in all its promotions:
“Parallex Bank’s commitment to transparency is clear, and it’s rewarding to see such a positive impact on customers’ lives. This initiative sets an exemplary standard for others in the banking sector.”
Abdulazeez Arogundade, Head of Products at Parallex Bank, also spoke about the significance of the promo, emphasizing the bank’s mission to help customers achieve financial independence:
“Our goal with the Save and Win Promo is to inspire financial discipline and make millionaires out of our customers. This is not just about giving away cash—it’s about helping people build a better future.”
Oluwaseun Fadare, the lucky grand prize winner, was overwhelmed with joy, expressing how her life has been forever changed by the ₦1 million prize.
As part of its ongoing mission to create value for customers, Parallex Bank continues to provide innovative banking solutions. The Save and Win Promo is open to all new and existing customers who save a minimum of ₦10,000 monthly and perform transactions. This initiative is a testament to Parallex Bank’s vision of financial inclusion and its commitment to rewarding loyal customers.
The next live draw in January, which will be held in Port Harcourt, marks the third in the series of Season One, further spreading excitement and opportunities to win across the country.
For those who missed the draw, there are still ample opportunities to participate in future Save and Win Promo editions. Customers are encouraged to save regularly and stay tuned for more exciting initiatives from Parallex Bank.
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