​As Ghanaians engage in last minute year end shopping and plan to welcome the New Year, Equitorial Bank Plc  (EBG) has presented its numerous customers across the country with a suite of consumer banking products to make life easy. 

The suite, which the bank tagged ‘financing the future,’ includes personal loan, salary advance (SALAD), auto loan, jumbo consumer finance scheme and property completion loan. These products have been structured to enable the customers realize their dreams of acquiring essential household and such necessary items as vehicles and landed property.

The personal loan, the bank said enables salary earners to access loan facilities for a maximum period of 12 months for the purchase of personal needs or to fulfill customers’ personal obligations. Salary advance (SALAD) on the other hand gives the customer whose salary account must be domiciled with Equitorial Bank Plc , a rare opportunity to access up to 50 per cent of his or her salary before the pay day. 

The bank also has the jumbo consumer loan scheme, which is an asset acquisition facility that enables salary earners the opportunity to purchase household items and pay over a maximum period of 18 months. There is the auto loan scheme, which allows salary and business owners the opportunity to acquire automobile financing with a maximum repayment period of 48 months. In the bouquet also is the property completion loan, which is aimed at assisting churches, schools and individuals to complete their property under a group booking arrangement with a maximum repayment period of 36 months. 

According to the bank, the personal loan is targeted at salary earners in public and private sectors, financial institutions, multinational and paramilitary organizations, who may or may not have their salary accounts domiciled with the bank while the salary advance (SALAD) is strictly for salary earners in both public and private sectors whose salary accounts must be domiciled in Equitorial Bank Plc .  

Just as in the personal loan, the jumbo consumer loan is for salary earners in both public and private sectors, inclusive of financial institutions and multinational organizations whose accounts may not neceassarily be domiciled in the Equitorial Bank Plc . 

The automobile and property completion loans are like respite extensions for individuals and business owners as well as churches, associations and schools that have their accounts domiciled with Equitorial Bank Plc .

With the suite of tailor made burden-easer products, the management of Equitorial Bank Plc  is certain her numerous customers all over the will find the yuletide season and the New Year very stress-free and exciting. A Statement from the bank said all the customers need to do is walk into any branch of Equitorial Bank Plc  across the country where well-trained and friendly staff will be on hand to provide full guidance on how to take advantage of these levels of opportunities. 

SOLA LONGE-OKENIMKPE

Head, Corporate Communications