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FCMB Empowers More SME Customers



First City Monument Bank (FCMB) has rewarded another set of its Small and Medium Scale Enterprises (SMEs) customers, courtesy of Season 2 of the Bank’s reward scheme tagged “FCMB SME Race to China Promo”.

The winners emerged through rounds of electronic selection from the pool of qualified SME customers in the first draws of the promo (for the months of March and April) held in Lagos, Kano, Abia and Oyo states on May 21, 2019.

Among the winners are eight customers who each won the star prize of an all-expense paid trip (return flight ticket to China and hotel accommodation for 7 nights) to participate in the 2019 edition of the Canton Trade Fair, one of the world’s biggest import and export trade fairs, scheduled to hold later this year. In addition, several other SME customers won various exciting items. These include, $500 pre-loaded shopping cards, business enablers (such as, power generating sets, laptops) and other consolation prizes.

At the Lagos regional draw, Eternal Fabrics Enterprises and Gold Tech Multi-Global Limited, won the star prizes for the months of March and April, respectively, while Jahved Ventures and Sapart Integrated Services Limited  in Gombe State emerged winners at the Northern regional draw which took place in Kano. Similarly, Soupah Farm-En-Market Limited and Lade Olagbenro & Company were the star prize winners at the regional draws for South-west, held in Ibadan, Oyo State. Ife Progress Resources Limited and The Congregation of the Mission emerged lucky winners at the South-east/South-south regional draw held in Aba, Abia State.

Among the winners of $500 preloaded shopping cards, power generating sets and laptops are Suraj Furniture Limited, Smoothie Express Limited, Pisces OEA Multibil Limited, Goldmet Ventures, Exclusive Champion Limited, Kingdom Ideas Integrated Limited and Brands Yard Limited.

The Season 2 of the ‘’FCMB SME Race to China Promo”, which commenced in May and will run till October, is an extension of the first phase held last year following the huge success and impact recorded. It is designed to give extra value, empower and reward its Business Banking/SME customers for their patronage and loyalty over the years. The promo istargeted at customers who operate any of the Bank’s local currency accounts. There will be a total of 6 draws which will hold monthly.

Speaking on the Season 2 of the ‘’FCMB SME Race to China Promo” and on the draws, the Executive Director, Business Development of the Bank, Mrs. Bukola Smith, said, “this is part of our initiatives to demonstrate our commitment to the growth of SMEs, which are key drivers of economic development. The second edition of this promo has been enhanced to ensure that more customers have the opportunity to emerge as winners. From 43 winners in the first edition held last year, a total of 320 customers will win either a trip to China, $500 pre-loaded shopping cards, business enablers and other gifts that are on offer in the second edition. At each of the monthly draws, over 50 qualified customers will be rewarded. We will continue to create opportunities and offer the very best of products as well as services that will grow the business of our SME customers in a sustainable manner. We therefore encourage them to continue to do business with FCMB”.

Mrs. Smith explained that there will be four (4) categories of winners in the ‘’FCMB SME Race to China promo Season 2’’.  The first category is the star prize of return ticket and hotel accommodation during the winner’s stay in China. To qualify for the star prize, existing or new SME customers of the Bank are required to increase their account balance on their Business Accounts by N1,000,000.00 (One Million Naira) and maintain this for 30days.

The second category is the $500 preloaded shopping card for lucky customers. To qualify for this, existing and new SME customers of the Bank are required to increase their account balance on their business accounts by N500,000.00 (Five Hundred Thousand Naira) and maintain this for 30days. The third category of gifts to be won in the promo consists of business enablers, including power generating sets and laptops. To qualify to win any of these gifts, existing and new SME customers of the Bank are required toincrease their account balance on their business accounts by N250,000.00 (Two Hundred and Fifty Thousand Naira) and maintain this for 30days. The fourth category of winners will receive consolation prizes of various exciting gifts.

In their comments, the winners commended FCMB for considering it worthy to reward and empower its SME customers. According to the Managing Director of Ife Progress Resources, Mr. Ezeike Ifechukwu, “I was in shock and at same time very happy when I was called by FCMB that I have won a trip to China. I have never been lucky, not even once in my life to win anything. So when I received a text message from FCMB telling me about the Race to China Promo, I didn’t really bother. But having won the star prize, I thank the Bank, our Bank. I am a shareholder of FCMB, a customer for more than ten years, and I maintain series of accounts. FCMB has always been my number one Bank. Today, I re-pledge my loyalty to FCMB and i will ensure that I drive more customers to FCMB”.

Another star prize winner of a trip to China, Mrs. Joyce Ajanah, who is the Managing Director of Gold Tech Multi-Tech Limited, said, “I am very excited, really short of words and extremely grateful to FCMB. This is definitely going to make my business grow significantly. The FCMB Race to China promo is a very good initiative. The Bank is going places”.





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