NBS Bank splashes prizes in Millionaire Promotion

Malawi Stock Exchange (MSE) listed commercial bank, NBS, on Friday conducted the first draw of its Millionaire Promotion which saw the bank splashing various cash prizes.

The draw saw M. Magwembere of NBS Mangochi branch walking away with the top monthly prize of K100,000. The bank also gave K50,000 each to 10 other lucky winners.

NBS Bank Marketing and Public Relations Manager Timothy Ngwira said the bank is impressed with the excitement the promotion has generated. Ngwira said the promotion was organized to promote the savings culture in Malawi as well as to help customers beat the ‘General January blues’.

“As a caring bank, we appreciate that January is a very tough month financially. So we would like to cushion our customers from the effects of January by giving them various cash prizes,” said Ngwira.

To enter the promotion, NBS customers are expected to deposit K20,000 in a current or savings account and keep it for a month. Fixed deposit account holders can enter the promotion by depositing

K200,000 in their accounts. “For those who are not NBS Bank customers, they can just go to any NBS Bank branch and open an account and deposit K20,000,” said

Ngwira. The promotion which started on November 20 will end on February 28. A top prize of K1 million awaits the overall winner at the end of the promotion.