The United Bank for Africa (UBA) has revamped its NextGen account
which targets students in tertiary institutions and members of the National
Youth Service Corps (NYSC). The bank, which operates in 20 African countries
plans to through the account encourage active savings among young people and
teach them to manage their money effectively.
Jude Anele, group head of Retail Banking at UBA Group said the
importance of teaching young people to save cannot be overemphasized.
“The NextGen Account is our way of putting students in
charge of their money, especially at this critical stage in their lives with an
account that comes free of fees,” Anele said.
“The new NextGen Account opens students and NYSC members up to
several benefits and opportunities, including multiple digital channels that
makes banking just another fun thing to do on their mobile phones,” the Retail
Banking head added.
As a plus, the NextGen Account holders stand to win pocket money,
complimentary invites to events and enjoy zero charge on all transactions.
Group Head of Marketing Dupe Olusola, who also spoke about the
revamped NextGen Account disclosed that NextGen, which the bank says is more
than just an account, will partner with DRB LasGidi, a three-member group to
spark the interest of young people in the offering.
“DRBLasGidi have proven to be culture shapers, pioneering the
popular Alté (meaning alternative) movement, which promotes self-confidence and
encourages young people to embrace their individuality.
“As the face of the Alté subculture in Nigeria, DRB LasGidi is a
perfect representation of the NextGen lifestyle of self-confidence and
uniqueness,” Olusola said.
Bolaji Ojodukan popularly known as BOJ, who spoke on behalf of DRB
Lasgidi, expressed excitement at the partnership.
“Like most young people today, we were just being ourselves. But
now, we have a movement and now our own bank; the Alté Bank of Africa,” BOJ
quipped.
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