Bank PHB has launched a product that would significantly alleviate the problems faced by their teeming customers and prospective ones who are groaning under epileptic public power supply. Tagged the Jumbo Household Offer, this package offers Nigerians the four basic household assets that would make life more enjoyable even in these tough times. With as low as N17,000 monthly, Nigerians can afford to acquire the Jumbo package that is made up of fridge- Freezer refrigerator, 5.5 KVA Generator; 1.5HP Air conditioner and 2000 watt Automatic voltage regulator. The jumbo package is the outcome of a strategic partnership between Bank PHB and PZ Cussons Plc.
Mr. Olu Akanmu, internal managing director of Bank PHB’s Retail Bank said the latest addition to Bank PHB’s bouquet of consumer products is based on the desire to ensure that customers of the bank both old and new continue to enjoy good life irrespective of the income and social status.
"We are poised at making life more enjoyable for our customer without straining their pay package. We strongly believe that short term financial constraints should not prevent our customers from enjoying the good life they desire. This package provides our customers a convenient means of financing their household assets," Mr. Akanmu said.
Customers who take advantage of this offer do not have to make any upfront contribution whatsoever before the goods are delivered to them. They can repay the facility over an 18-month period with a monthly contribution of only N17, 000. Bank PHB has also concluded arrangements for the comprehensive insurance cover for all the household items.
Only recently bank PHB launched a holiday loan product that allows Nigerians to go on vacation to any part of the world without necessarily having the immediate funds for the trip. The UK Education loan account is also another value-adding product that enables Nigerians the opportunity of accessing UK Education. Bank PHB’s bouquet of innovative products was recently acknowledged when the bank was voted Nigeria’s Most Innovative Bank in the Vanguard Banking Awards that held early this year.
