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UT bank launches the “100 for 100” promo



By: Fred Yaw Sarpong (Daily Express)

UT bank has launched a new and exciting promotion called the “100 for 100” promotion, aimed at educating the public on how save and at the same time reward Ghanaians for taken in the promotion.

It also offers the bank the opportunity to increase awareness about the various kind of services they are offering to the public.

The “100 for 100” promotion which started on the 5th of September, 2014 will end in December, 2014. However, the grand draw will takes place in January, 2015.

The promotion allows both existing and new customers of the bank to deposit GHc100 or multiply it by GHc100 daily, weekly or monthly into their personal current, personal savings, or Koowa accounts.

With every Ghc100 deposited, the customers will earn points which qualify them for a grand draw. They will also be able to win other prizes such as refrigerators, microwave ovens, mobile phones, television sets and among others.

Apart from the other prizes to be won, the first winner will go home with GHc100,000 cash, GHc30,000 for the second winner while the third prize winner will be presented with GHc10,000 cash.

Launching the promo in Accra, the Deputy Managing Director of UT Bank, Mrs. Pearl Esua-Mensah said in Ghana there are about 70% of Ghanaians who are unbanked, and it is the objective of the bank to get majority of these people to bank.

“The “100 for 100” promotion is flexible as compared to other promotions currently going on in the industry,” she added.

Mrs. Esua-Mensah said they decided to offer the top three winners with cash, so that after the grand draw they will get money to spend in Christmas.

Mr. Ekow Inkoom, Head of Business Division at the National Lottery Authority (NLA) said the NLA Act 722 mandated the authority as the only agency in the country to conduct lottery.

He indicated that the “100 for 100” promo is the 7th promotion NLA has supervise this year with corporate bodies.

“NLA will make sure that the promotion reflect the requirement of the authority and also make sure that is it free and fair,” Mr. Inkoom added.

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