Societe General launches new product

Societe General (SG) Ghana has launched a new product meant to advance loans to customers who require immediate funds to take care of their most pressing needs.

Known as the ‘Unlock your dreams,’ the package allows customers to finance their school fees, rent, dream wedding, acquire home appliances and cars, among other things.

Launching the product, the Deputy Managing Director of Societe General Ghana, Mr Francois Marchal, said the loan package had been prepared in a manner that would not become a burden to their customers.

Mr Marchal noted that customers would enjoy what he described as a built-in loan protection cover, which would pay off their loans in the event of default. 

“Our strategy is to ensure that our customers are not burdened, making sure that they do not create new financial challenges for themselves, but act as a good way through which they can alleviate any financial stresses they may be facing,” he said.

He added that beneficiaries would have to automatically be customers of the bank in any of its 41 branches across the country.  

Elaborating on the benefits of the product, the Head of Retail of the SG Ghana, Mr Kwaku Tweneboah-Kodua, said the promotion brought with it numerous benefits to the customers.

According to him, every frontline staff member has been trained and educated well enough to give the necessary assistance that customers would require whenever they walk into any of its branches.

Mr Tweneboah-Kodua expressed the hope that the newly launched product would drive a lot of customers to its branches nationwide.

He explained further that there would not be any change in the interest rates during the tenure of the loan.