Banking and Finance

Absa Auto Fair creates one-stop marketplace for vehicle buyers

Charles Addo, Director for Personal and Private Banking at Absa Bank Ghana Limited
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Absa Bank’s first-ever Auto Fair, held at Ghud Park in Accra, provided a one-stop marketplace for vehicle buyers to connect with dealers, spare parts and automotive service providers, access affordable financing from Absa Bank and obtain motor insurance from Hollard Insurance.

The fair gave visitors an opportunity to test-drive electric, petrol and diesel vehicles, compare available options, and engage with dealers on vehicle specifications, pricing, accessories, spare-parts availability, and other ownership considerations.

Commenting on the event, Charles Addo, Director, Personal and Private Banking at Absa Bank Ghana LTD, said: “The interest we observed during the Absa Auto Fair tells us that there is strong demand for a more convenient path to vehicle ownership.

"At Absa Bank, we will continue to support customers with affordable financing solutions that suit their needs.”

Beyond the extensive display of vehicles, the fair allowed vehicle buyers to speak directly with dealers and automotive service providers.

Absa Bank representatives also engaged prospective buyers on financing for electric, petrol and diesel vehicles, motorcycles and electric-vehicle chargers.

Eligible customers could explore repayment terms of up to 96 months, with applicable interest rates determined by each customer’s credit profile.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.