Stanbic IBTC Bank has partnered with LOXEA Nigeria, the exclusive distributor of BYD electric and hybrid vehicles and a subsidiary of CFAO Mobility, to expand access to eco-friendly transportation through flexible vehicle financing options.
This collaboration aimed to make eco-friendly mobility more accessible to Nigerians through innovative and flexible financing solutions, reinforcing both organisations’ commitment to renewable energy and environmental sustainability.
The partnership was officially launched at an exclusive product showcase held at the BYD showroom in Lagos. To encourage early adoption, the initiative includes one-month special incentives, such as vendor discounts and reduced interest rates on vehicle financing.