Diamond Bank Plc has expended about N584 million in the ‘DiamondXtra’ Draw, Season 9 initiative. The bank has rewarded no fewer than 5000 customers with over N4 billion since commencement of the initiative in July 2008.
According to the Head, Mass Market Segment of the bank, Osita Ede, Diamond Bank is passionate about the benefits of financial inclusion to customers.
Speaking during the cash presentation in Lagos recently, Ede noted that bringing the unbanked into the banking system and making them to save and plan for the future is what sustains any economy.
He explained that the bank has recorded more than 10 per cent increase in deposit through the initiative in the last few years, which he described as ‘quite significant’.