By Modupe Gbadeyanka
An asset finance loan scheme designed to allow customers of Union Bank of Nigeria and Choice International Group (CIG) Motors Limited to enjoy auto financing services has been designed.
The initiative will allow customers to purchase brand new GAC vehicles with as low as zero per cent interest and N242,000 monthly instalments. In addition, subscribers to the Union Bank asset finance loan scheme will enjoy after-sales service and warranty during the tenor of the financing as well as access to other products from CIG Group at competitive prices.
This has been made possible due to a deal signed between both organisations recently at the Stallion Plaza, Union Bank’s head office in Marina, Lagos.
The partnership was a culmination of Union Bank and CIG Group’s desire to collaborate and explore mutually beneficial business opportunities as it aligns with the bank’s aim to examine various options to provide financial support and incentives for its customers.
“I am genuinely delighted to have a partnership with CIG Group, which is inevitably a market leader in terms of providing quality products at affordable prices.
“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,” the chief executive of Union Bank, Mr Mudassir Amray, said.
Also, the chairman of CIG Group, Ms Diana Chen, urged potential car owners to take advantage of the partnership and purchase brand-new vehicles that will withstand the test of time.
Aduragbemi Omiyale 
Adedapo Adesanya