Nigerian Bank Announces N70 Million Loan for Nigerians to Acquire Cars [Video]

• First City Monument Bank (FCMB) and CIG Motors have teamed up to make car ownership more accessible
• Through flexible and affordable financing alternatives, the option is accessible to both individuals and business enterprises
• The bank claims that the partnership with CIG Motors gives clients a unique opportunity to fulfil their dreams of owning a car

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

CIG Motors and First City Monument Bank (FCMB) have partnered to increase the accessibility of vehicle ownership for both individuals and corporate enterprises through flexible and reasonably priced financing options.

Through the partnership, consumers can purchase brand-new GAC Motor vehicles with FCMB auto loans up to N70 million, with repayment terms of up to five years.

Some of the perks that the auto program provides …