Stanbic IBTC Bank, Carloha offer discounts

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has announced a strategic partnership with Carloha, an auto showroom, to offer discounts to customers.

According to a statement from the bank, the official agreement between the partners marked a significant milestone for both organisations. This collaboration is set to provide exceptional value to customers looking to purchase quality vehicles.

Carloha is an auto showroom specialising in the retail sale and after-service of the Chery brand of vehicles. This promotional offer allows customers to finance their new vehicle purchases through Stanbic IBTC’s Vehicle and Asset Finance, providing flexible and convenient payment options.

Head, Products, Personal and Private Banking, Stanbic IBTC Bank, Taiwo Ala, expressed enthusiasm about the partnership, saying, “This collaboration strengthens our commitment to offering unique opportunities that cater to the diverse financial needs of our customers. We are dedicated to enhancing the car-buying experience by providing tailored financial solutions that simplify the process. We believe this initiative will greatly benefit individuals searching for a trusted and stylish vehicle, empowering them to make informed investment decisions while benefiting from our banking services.”

During the agreement signing, the Sales Director of Carloha Nigeria, Mr. Joseph Omokhapue, emphasised the significance of the partnership, saying, “By partnering closely with Stanbic IBTC Bank, we can provide our customers with a unique financing solution that improves both the accessibility and affordability of quality automobiles. Our steadfast commitment to customer satisfaction guides every aspect of our services.”

Recently, Stanbic IBTC Bank partnered with CIG Motors to ease new vehicle ownership for customers this season. The partnership, formally signed at the GAC G-Style showroom, aims to simplify the rigorous process of owning a brand-new vehicle with a flexible repayment structure and a 10 per cent discount rate on all vehicles purchased within 12 months.

Under the partnership, CIG Motors will give a five-year warranty on all its GAC vehicle models and provide incentives to customers purchasing through the Stanbic IBTC Vehicle and Asset Finance product.