Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, a member of CIG Group of Companies, to provide auto financing services to the bank’s customers on the purchase of GAC range of cars, through its asset finance loan scheme.
The deal, which was recently signed at Stallion Plaza, Union Bank’s head office in Marina, Lagos, will allow customers to purchase brand new GAC vehicles with as low as 0% interest and N242,000 monthly installment.
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In addition, subscribers to the Union Bank asset finance loan scheme will enjoy after-sales service and warranty during the tenure of the financing as well as access to other products from CIG Group at competitive prices, the company noted.
Speaking at the official signing ceremony of the agreement, Mr. Mudassir Amray, Managing Director/Chief Executive Officer of Union Bank said: “We are determined to bring value to our clients through partnerships, be it health care, cross-border business, or transportation. We are convinced that with this agreement, our customers will be able to buy quality cars with easy payment terms, which will provide comfort and convenience to our customers.”
