The United Bank for Africa Plc, at the weekend, announced a revamp of its NextGen account targeted at tertiary institutions students and members of the National Youth Service Corps (NYSC).
NextGen a suite of personal accounts that are designed to meet the needs of young persons, while grooming and growing with them from teenage years to adulthood, according to a statement by the group, now has added features and benefits.
One of such, it noted, is the additional role of mentorship these young ones and assisting with tips towards guiding their future by the bank, in addition to conferring premium services to the young account holders.
With operations in 20 African countries, the bank said NextGen Account was introduced to encourage active savings among young people and teach them to manage their money effectively while enjoying world-class services that suit their lifestyles
The statement quoted Jude Anele, Group Head, Retail Banking of the UBA as noting the need to inculcate in young people the culture of saving and being finance-wise, which cannot be overemphasized, hence the importance the bank attached to the account.
“The NextGen Account is our way of putting students in charge of their money so they can do more, especially at this critical stage of 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 make banking just another fun thing to do on their mobile phones,” he added.
In addition, the statement said NextGen Account holders can win pocket money, complimentary invites to prime events and enjoy zero charges on all transactions.
Also speaking on the revamped NextGen Account, Group Head of Marketing Dupe Olusola, disclosed that NextGen is more than just an account, noting the group’s partnership with DRBLasGidi, a three-member group to ignite the interest of young people in the offering.
“DRB LasGidi 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 said.