On Thursday February 9, 2012, Rosabon Financial Services Limited, one of the foremost Financial Intermediary and Equipment Leasing Firms in Nigeria, announced the expansion of its personal loan service to other parts of Nigeria outside Lagos and Port Harcourt. The Rosabon Financial Services Personal Loan which had hitherto been accessed by only clients within Lagos and Port Harcourt is targeted at employees/ salary earners of structured organizations with bankers being the most eligible to access the loan.

According to Mr. Isikwe, who is the head of the Corporate Venturing Department at Rosabon, “Our decision to expand the coverage of the personal loan service was informed by the positive feedback that we have been getting from this line of business; Over the years, we have focused on constantly improving on our processes and ensuring that we have world class customer service. The investment in this area has paid off as there is a huge demand for our services in other parts of the country outside Lagos and Port Harcourt where we have physical presence. This demand is driven by the positive testimonials that our present clients have shared with their counterparts in other parts of the country. We have tagged this expansion “Up Country” because we are taking the service to all the states in Nigeria”

“The product for now, will be accessible to Bank employees be limited to N500, 000.00(Five Hundred Thousand Naira Only) with a repayment period of between 6 – 8 months. We will be leveraging on technology and convenient logistics to deliver this service to our upcountry clients. We have fine-tuned our processes to ensure speed in the consummation of the transactions, and unlike other service providers clients do not need to open accounts” added Mr. Chukwuma Ochonogor who is the Chief Operating Officer of Rosabon Financial Services.
Rosabon Financial Services Limited in addition to the Corporate Venturing Business which the personal loan originates from offers other corporate services like Treasury and Lease.

Visit www.rosabonfinancialservices.org/index.php/site-administrator for details