October 14, 2014 – First City Monument Bank (FCMB)and Dana Motors have formed an alliance to make vehicles affordable to Nigerians at a cheaper rate.
Speaking at the media launch of the FCMB and DANA Motors auto-alliance in Lagos, Executive Director Lagos West First City Monument Bank (FCMB) Limited Mr. Femi Bakre said the alliance with Dana Motors is aimed at easing vehicle purchase in Nigeria.
“FCMB has been a well acclaimed industry leader in consumer loan offering . It is a viable alliance aimed at furthering the frontiers of delivery an exceptional customer experience. With the auto alliance qualified customers will be able to own a brand new KIA for a low as N47, 400 monthly repayment plan.
“Apart from the flexible repayment , the scheme offers many more benefits inclusive of insurance , free registration, five warranty”, he said adding that companies involved in the alliance have realized how difficult it is to raise bulk money to purchase vehicles.
“Throughout the period of this offer , our customers who will sign on the scheme will not have to worry about releasing bulk cash to acquire a brand new vehicle, meaning that they will be able to meet other needs at the same time.”
Also speaking, management staff of Dana Motors Limited Mr. Peter Ayewo said the alliance has been carefully designed to ensure that Nigerian are able to purchase brand new cars and pay conveniently over a period of time.