Union Bank of Nigeria has teamed up with Choice International Group (CIG) Motors Limited to provide auto financing services to the Bank’s customers on the purchase of the GAC range of cars through its asset finance loan scheme.
The deal will allow the bank’s customers to purchase brand new GAC vehicles with as low as 0% 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 tenure of the financing as well as access to other products from CIG Group at competitive prices.
Mr Mudassir Amray, Managing Director/Chief Executive Officer of Union Bank said, “I am genuinely delighted to have a partnership with CIG Group who are 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.”
Also commenting on the partnership, Chief Diana Chen, Chairman of CIG Group urged potential car owners to take advantage of the partnership and purchase brand-new vehicles that will withstand the test of time.
The partnership is a culmination of Union Bank and CIG Group’s desire to collaborate and explore mutually beneficial business opportunities. This strategically aligns with the bank’s aim to examine various options to provide financial support and incentives for its customers.