First Bank launches retail products to enhance market operations

First Bank Nigeria Limited has announced a variety of retail products to enhance the operations and sustenance of various businesses in the country.

The bank disclosed this in a press release signed by Folake Ani-Mumuney, its group head, Marketing and Corporate Communication.

“As a bank woven into the fabric of society, we are delighted with the indelible mark and role we have played in boosting businesses in the country, irrespective of the economic sector,” Ani-Mumuney said.

“Our Commercial Mortgage, Operational Vehicle Finance and Petroleum Dealership Finance are integral to sustainably enhancing business operations while ensuring that our customers remain at an advantage in meeting their immediate and long-term business goals,” she said.

To take advantage of the product, the bank said interested customer must have a valid DPR licence and maintain an account relationship with FirstBank or any other bank for at least six months.

“The dealer must have been in business for at least 24 months and the account must have been operated satisfactorily without a history of returned cheques or previous default on facility or facilities granted,” Ani-Mumuney said.

She added that this variety of retail products are designed for operations and sustenance of various businesses in the country.