Car ownership set for boost as Ecobank, Allianz introduce Auto Finance scheme
Car ownership in the country is set for a significant boost as the Pan-African bank, Ecobank, in partnership with Allianz Insurance has rolled out its innovative, class-leading facility - the Ecobank Auto Finance scheme. Available to corporate and individual customers, the facility, which is open to current account holders of the bank, will allow for the purchase of new vehicles from partnering dealers including - Autocheck, Japan Motors, Toyota Ghana, Silver Star Auto, Stallion Group, Mac Ghana, Universal Motors and Premium Motors. There is the added option for the purchase of fairly used cars of not more than five years old, all at discounted prices from the dealers, with industry-leading low interest credit from the bank. At the formal launch of the scheme, which was held virtually, the Managing Director of Ecobank, Daniel Sackey said the move could not have come at a better time. He argued that with Ghana’s automobile market set to almost triple over the next five years,...