Fidelity Bank Promises to Offer Special Facility to Auto Traders in August
Members of the Auto Spare Parts and Machines Dealers Association (ASPAMDA) and Association of Progressive Traders (APT), are to enjoy special facilities from Fidelity Bank soon, the Managing Director and Chief Executive Officer of the bank, Mr Nnamdi Okonkwo has said.
Okonkwo who made the promise during the bank’s customer engagement with the traders said the has concluded plans to launch a special business support facility for members of the two associations located at the Lagos International Trade Fair Complex, Ojo.
He said the product will be named ASPAMDA Traders Support Facility,’ and will be launched in August 1, this year.
According to him, the facility will address the traders’ market specific needs.
According to him, “We created a product which we will be unveiling in August. If we didn’t come out here, there is no way we are going to sit in our head office in Victoria Island and understand their needs.
“So, one key component of this engagement meeting is to be able to develop market-specific products for this people. That is what we have done today, and we are very happy that they were able to explain their needs to us and we have immediately created an ASPAMDA specific product”.
He also announced that the bank will donate two patrol security vehicles to the two associations this June for their security needs.
Okonkwo explained that the meeting was in keeping with the bank’s tradition of engaging traders in the same way they do with their bond holders and investors.
He said, “ASPAMDA as you know, Fidelity was the first bank that established a branch in this ASPAMDA location. So we have very strong relationship and we come out here occasionally to know how we are doing in terms of meeting their needs, and an important component of this engagement is to ask this people how can we serve you better.
“Wherever you do business, you impact the society and that is why, right there, we made some promises and we will be delivering those promises before the end of June. Security is a key component here and we will be giving them security vehicles which we deliver before the end of June and other needs they may have from time to time.”
The President of ASPAMDA, Chief Daniel Oforkasi, in his response expressed his thanks to the management of the bank, assuring patronage as usual.
According to Oforkasi, “I want to assure them that things are going to change for good. I believe strongly that they will do all they have promised. There was a time we had a serious problem with the Standard Trust Bank involving huge amount of money, they came to our aid and bailed us out. So, this one is a minor thing to them. If other banks can emulate this Fidelity Bank and be doing things like this, I believe things we work fine”
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