Stanbic IBTC, CIG motors transform vehicle ownership in Nigeria

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has teamed up with leading automobile dealer CIG Motors. This collaboration introduces a flexible and affordable pathway for Nigerians to own brand-new vehicles, redefining the car-buying experience in the country.

Announced at the GAC G-Style showroom, the partnership offers a suite of incentives designed to ease the financial burden of vehicle acquisition. Customers can benefit from a flexible repayment structure, a 10% discount on all vehicles purchased within 12 months, and a five-year warranty on GAC models. The package is further enhanced by Stanbic IBTC’s Vehicle and Asset Finance product, which provides tailored financing options for individuals and businesses.

The Executive Director at CIG Motors, Jubril Arogundade, highlighted the significance of the partnership, stating, “Through this partnership, Nigerians are guaranteed to experience a premium and hassle-free process in owning brand new vehicles that suit their taste. CIG Motors’ expertise in the automobile sector, enhanced by Stanbic IBTC Bank’s Vehicle and Asset Finance scheme, will allow equal opportunity for customers to own cars without stress or worry.”

For Olu Delano, Executive Director of Personal & Private Banking at Stanbic IBTC Bank, the collaboration goes beyond vehicle sales. “The collaboration enhances the purchasing power of our customers, enabling them to access a broad range of brand-new vehicles under CIG Motors. It also highlights our commitment to fostering economic growth in the communities we serve.

“Stanbic IBTC Bank and IG Motors’ collaboration illustrates a broader trend of growth between financial institutions and automobile manufacturers,” Delano said.

The initiative caters to both individual customers, including self-employed professionals, and businesses looking to expand their vehicle fleets. This approach underscores a growing trend in Nigeria’s automotive and financial sectors, where strategic partnerships drive innovation and customer-centric solutions.

————

For Advertisement, Event Coverage/MC, Public Relations, Story/Article Publication, and other Media Services, kindly send an email to: cablenews24.com@gmail.com.

Or Kindly call: 08023535955

To stay updated with the latest news stories, kindly visit cablenews24.com… published by AAAANDREL GLOBAL SERVICES.