SunTrust Bank
A newly licensed regionally-based commercial bank, SunTrust Bank
Nigeria Limited, has said its targeted customers are youths who are below
Targets Teenagers the age of 18 years.
As Customers
This is as the bank urged students and teenagers to imbibe the culture of
saving their allowances and incomes, so as to be able to help their selves as
well as their parents and guardians in future.
Managing Director of SunTrust, Mohammed Jubrin, spoke yesterday, during a sensitization programme organized by
the bank for students of the Niger Delta Science School (NDSS) in Port Harcourt, as part of activities marking the
2016 World Savings Day. Jubrin stated that there is no law in the country prohibiting youths who are not up to 18
years of age to open bank accounts, pointing out that an individual can open an account at any age.
“At SunTrust Bank, our target are those who are not yet up to 18 years of age. You can open a bank account at any
age. You must not get up to 18 years before you can own a bank account,” he said.
Jubrin, who was represented by the Corporate Services Executive,
Rowland Onomerike, warned Nigerians against keeping money at
home rather than banks.
“Keeping or saving monies at home is not safe way to save money.
The money you kept in your home may attract criminals.
Secondly, any money you save in the house does not increase, but
the money you save in the bank increases through interests,” the
SunTrust boss said.
Read more…