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First Bank Launches PLAS

Foremost financial institute, First Bank of Nigeria Limited has launched First Bank Personal Loan Against Salary (PLAS), an initiative by the bank for salary account holders to unlock the wealth in their accounts.

In a statement by the bank, Mr. Abiodun Famuyiwa, Group Head, Products & Marketing Support, First Bank disclosed that… “Salary account holders can access up to N30m to help them pursue capital projects, carryout renovation works on their properties, acquire assets, give their children the best education and other fulfilling accomplishments.

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“The scheme offers options to top-up and refinance existing loans at competitive rates. These flexible options were created to offer convenience and reward customer as we stay true to our brand promise of ‘YOU First’.”

“The product also helps customers to meet rent obligations, vacation trips to choice destinations and pay for professional examinations to take their career to the next level.”

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“With PLAS, Nigerian salary earners need to be assured of a funding partner in First Bank to fulfill their dreams. PLAS is available to employees whose salary accounts are domiciled with First Bank.”

“Salary accounts can do more than just receive monthly pay; they have inherent wealth that can be unlocked to help you achieve dreams that make you fulfilled on your job and be on top of situations at home and at work.”