News Column

Stanbic, Japan Motors Seal Bike Deal

July 8, 2014

Masahudu Kunateh

STANBIC Bank Ghana and Japan Motors have entered into a partnership which the companies said would make durable motorcycles easily available to workers in the country.

Under the deal, Stanbic Bank Ghana will pre-finance the motorcycles to interested workers who will then secure the YAMAHA brand of bikes from Japan Motors.

Head of Lending at the Personal Markets unit of the Bank, Fred Attafuah, said the bank recognizes the need for workers in the country to have comfortable and reliable means of transportation, hence the partnership with Japan Motors.

"Our purpose as a Bank is to make progress real. We recognize the hustle workers go through daily to commute in this part of the country. It is also not an easy to purchase these bikes with cash.

"This collaboration with Japan Motors is to ensure that workers especially those in the North acquire their own means of transport in order to carry out their daily activities effectively", he said ahead of the formal launch of the partnership scheduled for Thursday.

Imad Ghorayeb, General Manager, - Sales and Marketing of Japan Motors also hailed the partnership.

"YAMAHA is a trusted brand in motor bikes. We are particularly excited about this partnership with Stanbic Bank, a trusted brand, to bring comfort to professional in the country. This will surely be a great relief to many," he said.

Every worker with a Stanbic Bank account is eligible for this offer.

Loan facilities would be available.

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Source: AllAfrica

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