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United Bank for Africa Ghana Limited (UBA) has launched a Mega Savings Promo dubbed: �The UBA Double Triple Savings Promo�, which starts from September 1 to November 30. UBA will double the interest of two months savings and triple the interest on three months savings of its customers. According to the bank, the promotion is designed to create excitement for the bank�s customers, whilst stimulating customer interest in doing business with UBA and rewarding existing customers for choosing the bank. New customers who open a savings account of GH100 cedis and keep the account for 60 or 90 days will witness a doubling or tripling of interest on their savings. In addition, those with existing balance before the promo will earn normal interest rate of 5 percent. According to the bank, the account will automatically be credited with the interest after the 60 or 90-day anniversary depending on the option chosen by the customer. Any withdrawal from the account during the promotion will result in the loss of the triple or double interest and the account will be reverted to a normal account that will earn 5 percent interest. However, a customer who reverts to the normal account but tops up beyond the closing balance as of September 1, 2009, will still qualify to earn double or triple interest on their deposits, provided there is no withdrawal for the 60 or 90-day period. According to Daniel Addo, the Executive Director of UBA, the UBA Double Triple Savings Promotion will help encourage a savings culture among customers and the public at large.