{"id":70558,"date":"2023-03-31T09:49:07","date_gmt":"2023-03-31T08:49:07","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=70558"},"modified":"2023-03-31T09:49:07","modified_gmt":"2023-03-31T08:49:07","slug":"union-bank-and-cig-motors-announce-partnership","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/union-bank-and-cig-motors-announce-partnership\/","title":{"rendered":"Union Bank And CIG Motors Announce Partnership"},"content":{"rendered":"<p>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\u2019s customers on purchase of GAC range of cars, through its asset finance loan scheme.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-43986 alignleft\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-300x300.png\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-300x300.png 300w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-1024x1024.png 1024w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-150x150.png 150w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-768x768.png 768w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-250x250.png 250w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-125x125.png 125w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-110x110.png 110w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-420x420.png 420w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo-430x430.png 430w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2020\/10\/Union-Bank-of-Nigeria-New-Logo.png 1203w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>The deal, which was recently signed at Stallion Plaza, Union Bank\u2019s head office in Marina, Lagos, will allow customers to purchase brand new GAC vehicles with as low as 0% interest and N242,000 monthly instalment.<\/p>\n<p>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.<\/p>\n<p>Speaking at the official signing ceremony of the agreement, Mr. Mudassir Amray, Managing Director\/Chief Executive Officer of Union Bank said:<br \/>\n\u201cI 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.\u201d<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>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.<br \/>\nThis partnership is a culmination of Union Bank and CIG Group\u2019s desire to collaborate and explore mutually beneficial business opportunities. This strategically aligns with the bank\u2019s aim to examine various options to provide financial support and incentives for its customers.<\/p>\n<p><strong>Photo caption:<\/strong><\/p>\n<p><strong>From L-R: Joe Mbulu, Chief Financial Officer, Union Bank; Chief Diana Chen, Chairman\/Chief Executive Officer, CIG Group; Mudassir Amray, MD\/CEO, Union Bank; and Dr. Ramanathan Murugesan, Chief Finance Officer, CIG Group at the official signing ceremony of Drive Now, Pay Later partnership between Union Bank and CIG Group held in Lagos recently.<\/strong><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>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\u2019s customers on purchase of GAC range of cars, through its asset finance loan scheme.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":70559,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[1395],"coauthors":[2391],"class_list":["post-70558","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-union-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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