Access Bank Partners Peugeot on Automobile Financing



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Access Bank has partnered Peugeot Automobile Nigeria limited (PAN) the makers of Peugeot on access to financing car purchases.

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At the  unveiling of this partnership held in Lagos on Wednesday, the bank also said the package would give customers the benefit of owning their cars after three days once all documentation are in place.

Managing Director, PAN Nigeria Limited, Mr. Ibrahim Boyi, said this partnership would offer customers value for money as well as other numerous advantages.

Boyi said: “ Our choice of partnering access bank is deliberate because we believe it is a dynamic bank that is is extremely innovative and it has a broad reach.The Peugeot offers value to the customers and PAN has remained the leading automobile in Nigeria in terms of infrastructure, technical expertise and the experience with the Nigerian terrain.”

He also added that they offered 3 years warranty, cheaper spare parts and fuel efficiency.
Also speaking on the partnership, the Executive director, Personal Banking, Access Bank, Mr. Victor Etuokwu said: “This is a fulfillment of Access Bank’s culture of supporting economic development in Nigeria. The unique partnership with Access Bank and Peugeot is predicated on the fact that Peugeot is one of the best brands in Nigeria. As we all know, Peugeot operates the oldest assembling  plant on Nigeria and can only be a beneficiary of the new policies in this industry.”

“What you find is a collaboration between two strong brands to build benefits for customers. This scheme provides an opportunity for people who do not have resources to just go out there to buy a car. It provides a platform where you can not only dream of a car but own it.”

“Mobility is not a luxury and very few people have what it takes to buy a car. That is why leasing and vehicle financing becomes a critical component in our search to drive the economic development of this country. Customers that bank with us, riding on this scheme, you can come in and within 3 days once you fulfill all your documentation, you can walk out of a Peugeot dealership with a new vehicle,” he further added.