Stanbic IBTC and Peugeot Automobile Nigeria (PAN) have formed a partnership.

According to Ifeanyi Ogbor, Head, Vehicle and Asset Finance, Stanbic IBTC Bank, this is to make owning a vehicle easier for Nigerians.

Speaking to Vanguard, he made the following revelations.

"The programme supports the drive to produce and sell locally assembled vehicles in Nigeria. This is one way in which the bank supports local manufacturing by providing a special finance scheme that will enhance the sale of locally assembled vehicles. Peugeot is back again and working with a bank like ours, it is most likely going to end up with at least “One Peugeot brand in most homes.”

Aside the execution of the application form, we will require other documents showing proof of employment, evidence of monthly take home and proforma invoice stating the price of the vehicle. Customers can walk into any of the outlets of Peugeot Automobile approved vendors or any branch of Stanbic IBTC Bank nationwide and there are sales team members who are at all times available to provide the necessary support."

Do you agree that this partnership will boost the sale of made-in-Nigeria Peugeot?

See the newly made-in-Nigeria Peugeot cars in the gallery above.