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Stanbic IBTC introduces Smart Loan to support customers.
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a digital solution for Smart Loan so that customers with a loan account can reach the Asset Management arm to meet their medium-term financial obligations.
According to the bank, depreciation of the naira as a result of the global economic downturn is lowering the revenue generated as more naira is needed to maintain the current level of cost and consumption. This is largely due to the fact that the economy is highly diversified and there is a need for people to earn money seamlessly from their financial partners.
It says Smart Loan, which is a digital, paperless lending center, will be useful to many Nigerians, especially those in dire need. The solution will support Nigerians by giving them the opportunity to earn money while contributing to economic growth.
The Smart Loan digital center is available to clients with a mutual fund investment through Stanbic IBTC Asset Management. This enables them to access fast and fast paperless loans up to N10 million. The loan solution empowers them to meet their financial needs while maintaining a healthy cash flow.
Oladele Sotubo, Chief Executive, Stanbic IBTC Asset Management, said, “The Smart Loan product is designed to assist our customers with N10 million financial assistance to meet their medium-term financial obligations, while also keeping them safe. the path to long-term financial stability. We understand the need for regular income and its value in our livelihood and in our homes. ”
Bunmi Dayo-Olagunju, Head, Client Solutions, also said that Stanbic IBTC Holdings will continue to develop new financial solutions so that customers can achieve stable financial freedom through simple and fast banking solutions that are accessible to them in their time. We are pleased that we can continue to serve our customers in a positive way that improves our financial well-being through a range of financial products. ”
Dayo-Olagunju also said the company is committed to using technology to help accelerate economic development and improve the quality of life among its customers.
