" ITREALMS: Skye Bank explains essay contest for children

Thursday, May 14, 2015

Skye Bank explains essay contest for children

Skye Bank Plc has explained why it recently introduced essay contest for children who own and operate bank its Rainbow Account, report ITRealms.

Head, Retail Banking Group, Nkoli Okoli, disclosed this to ITRealms saying the bank chose to stand out from the others this year by putting up a special programme for the children to celebrate them.

She underscore the fact that five winners will each receive the sum of N200,000, while other consolation prizes would also be presented.

According to her, the topic of the 2015 essay contest is “The Importance of an early savings habit”, organized in commemoration of this year’s Children’s Day.

Okoli equally said that the competition would act as a customer reward programme as well as promote savings among children very early in their lives to enable them imbibe the culture of financial discipline.

She further said the competition was open to both new and existing Rainbow account holders whose age ranges between seven and twelve years. In addition, she said the length of each entry must not be more than 200 words. However, any entry which shows parental input would be disqualified.

The essay, she maintained must show the child’s good understanding and good presentation of the topic, the child’s personal savings experience and creative ideas for savings.

ITRealms gathered that the essay which started on Monday, April 20 is expected to end on Monday, May 18, while shortlisted winners would be announced on June 1.  

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