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Fidelity Bank, Autochek strike deal to ease auto financing Fidelity Bank Ghana has signed a memorandum of understanding with Autochek Africa, an innovative automotive dealer, to provide auto financing for prospective car buyers. The partnership seeks to provide easier access to more financing options and enable salary earners and business owners to acquire brand-new and second-hand cars. Speaking at the signing ceremony in Accra, Country Manager at Autochek, Ayo Olabis said: “Our mission is to deepen the penetration of auto financing across Africa, and Ghana represents a significant market on that mission. “Fidelity Bank has an established reputation for delivering great products and services, and we are looking forward to working more closely with them to connect more Ghanaians to auto financing that works for them and other stakeholders in the automotive industry.” The partnership is expected to make it easier for consumers and businesses to leverage Fidelity Bank’s range of financing options to purchase desired vehicles via the Autochek platform. For her part, Divisional Director for Retail Banking at Fidelity Bank, Nana Esi Idun-Arkhurst, expressed confidence that the partnership will create convenience for customers. “Indeed one of our key strategies for employee banking business is to provide innovative, customised and simplified lending solutions to customers to enable them to meet their everyday needs, and this undertaking fits perfectly into that strategy,” she said. “We have already signed partnerships with automobile vendors who deal with brand-new vehicles. Consequently, this partnership creates a wider range of choices for our customers as Autochek presents us with opportunities in the second-hand market, and also comes with a well-structured platform that provides easy access to our customers,” she added. Explaining how the Autochek platform works, Mr. Olabisi said: “When customers identify a vehicle that is available for financing on the Autochek platform, they simply need to fill out a short form to apply for an auto loan. If they meet the required criteria, they will begin to receive offers from financial institutions such as Fidelity Bank in Ghana. “When the customer accepts the offer, they are able to receive their vehicle within three to five days.” FIN
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Fidelity Bank, Autochek strike deal to ease auto financing

Fidelity Bank Ghana has signed a memorandum of understanding with Autochek Africa, an innovative automotive dealer, to provide auto financing for prospective car buyers. The...
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the SSNIT scheme
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SSNIT engages Christian organisations to extend informal sector coverage

The Social Security and National Insurance Trust (SSNIT) has engaged with leaders of Christian organisations to find ways of expanding and deepening coverage of...
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Standard Chartered Bank Ghana PLC has held the first ‘Supplier Sustainability Forum’ in Accra. The Forum engaged suppliers on its Sustainability Agenda and how the bank demonstrates Diversity and Inclusion in its businesses.
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Standard Chartered Bank hosts first Supplier Sustainability Forum  

Standard Chartered Bank Ghana PLC has held the first ‘Supplier Sustainability Forum’ in Accra. The Forum engaged suppliers on its Sustainability Agenda and how...
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Monetary Policy Committee BoG
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BoG wins central banking’s Fintech Policy of the Year Award 2022

The Bank of Ghana has won the Central Banking’s FinTech Policy of the Year Award 2022. This follows the Bank’s remarkable development of a...
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In a world of differing values, limited resources, and uneven access to power, conflict is an inevitable part of life.
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A Guide to Utilizing Negotiation Skills in a World of Conflict

In a world of differing values, limited resources, and uneven access to power, conflict is an inevitable part of life. We are each called...
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Volkswagen (VW) Ghana
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About 1,000 locally assembled VW cars sold within two years

Volkswagen (VW) Ghana has already sold about 1,000 locally assembled cars since it started operations barely two years ago. VW Ghana was the first auto...
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SIGA, Library Authority to intensify supply chain governance awareness among SOEs

SIGA and the Ghana Library Authority (GhLA) have teamed up to promote supply chain management and governance awareness among state-owned firms and agencies, SIGA...
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GIC produces the first Chartered Health and Life Insurance specialists in Ghana

The insurance industry in Ghana has come a long way in spite of the numerous challenges confronting it, particularly regarding the technical know-how required...
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Shareholders of Ecobank
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Ecobank agrees GH¢0.62 dividends per share for 2021

cites economic prudence, business expansion for GH¢200m payout Shareholders of Ecobank have approved the payment of GH¢0.62 as dividend per share (DPS), bringing the...
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Speakers at the 22nd Educational and Biennial Conference of the Ghana Co-operative Credit Union Association (CUA) have urged the association to build the necessary financial and operational resilience to participate fully in the country’s recovery agenda.
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Build necessary financial, operational resilience to aid recovery agenda – CUA urged

Speakers at the 22nd Educational and Biennial Conference of the Ghana Co-operative Credit Union Association (CUA) have urged the association to build the necessary...
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