Ecobank, UL, Sign Tripartite Loan Agreement

first_imgDr. Weeks and Ecobank MD Mensah-Asante exchanged loan agreement after the signing ceremony. Pan-African banking group Ecobank Liberia Limited and the University of Liberia have signed a tripartite loan agreement to extend loan facilities to its faculty association who are full-time employees of the university. The loan package, according to Ecobank Managing Director, George Mensah-Asante, comes at a concessionary interest rate, with a one-month moratorium.“As a bank, we continuously find innovative ways to promote our business and to also grow our customer base. We are therefore extending our full array of financial services to the membership of the University of Liberia Faculty Association,” Mensah-Asante said at the signing ceremony on Wednesday, March 20, 2019, in Monrovia. “This includes loans, a variety of digital products and services as well as other traditional banking facilities to ULFA members.”Under this agreement, he said, loan applicants can apply for personal, vehicle loan, and mortgage depending on the individual’s debt-service ratio.Explaining the qualification aspect, the Bank Managing Director said applicants must first be full-time employees of the university and have no other loan obligations with any other bank.Also commenting at the signing ceremony, President of ULFA Cllr. Viama J. Blama thanked Ecobank for the timely intervention, which seeks to elevate the lives of the association members.He said the loan has a 12 percent interest rate and is only open to full-time employees of the institution.Cllr. Blama disclosed that his administration lobbied with reputable banks for ULFA members to obtain a loan that will enable them to buy a car or build their own homes. He said, his administration has been able to lobby with the University of Liberia (UL) administration in forming a cordial partnership to address issues affecting the warfare of the association.“So, we are happy today to sign this agreement. This loan is a tripartite agreement and the case of dismissal or death, ULFA takes the responsibility,” Cllr. Blama added.For her part, UL President, Prof. Dr. Ophelia Inez Weeks, expressed gratitude to Ecobank for making available such financial services, especially the loan packages, to members of the Association.She pledged, on behalf of the members, that they will endeavor to fulfill all obligations, as customers of the bank and to repay all loans contracted timely.Meanwhile, the signing ceremony was attended by the management of Ecobank Liberia, management of UL as well as the leadership of ULFA.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Personal Travel Manager learns to ski at Club Med VillarssurOllon

first_imgOne day in Paris – TravelManagers’ personal travel manager Lesley Cavill must do’s include a visit to the Eiffel TowerPersonal Travel Manager Learns to Ski at Club Med Villars-sur-OllonFor many, Club Med conjures up images of sun, sand and beach holidays however as personal travel manager Lesley Cavill discovers, Club Med also provides the easiest ski holiday ever.Cavill, representative for Mosman Park in Western Australia recently experienced a ten-night ski famil to Switzerland, courtesy of Club Med Villars-sur-Ollon and Cathay Pacific.“It’s not every day you learn to ski in the Swiss Alps and I certainly made the most of Club Med’s huge range of activities and really got involved! Club Med provided all of the ski equipment hire, and we had an amazing ski instructor Tamara who was with us every step of the way.  She started with the basics and was really patient and supportive as we tackled the slopes during our lessons. There were plenty of laughs, tumbles and falls, but it was a great sense of personal accomplishment when I finished a run still upright!”Club Med with its all-inclusive concept offers a unique holiday experience.“With all of your meals, alcoholic and non-alcoholic drinks including cocktails, entertainment and sporting activities included in the cost, it really does provide an easy and carefree way to holiday.”For Cavill, a standout memory was sitting in a deck chair in the snow enjoying mulled wine and hot soup.“I can highly recommend the Club Med exclusive High Altitude Restaurant located half way up the mountain. Enjoying our entrée reclining in a deck chair in the snow was hilarious. There is something about the snow that brings out your playful side. It was a truly magical experience.”Making the most of the unique all-in-one Mountain Lift Pass and experiencing Switzerland just like a client would was the highlight for Cavill.“Being able to share my extensive personal travel experience and product knowledge with my clients is an absolute priority for me. I simply loved that our Mountain Lift Pass allowed travel on the local trains. The ability to get out and experience local village life was fantastic and I really loved seeing the breathtaking snow-capped mountains in every direction as the train meandered through the slopes.”The group flew from Australia with Cathay Pacific via Hong Kong to Paris. The group enjoyed one night in Paris before travelling by train to Lausanne followed by an hour and a quarter bus transfer to Villars-sur-Ollon.“Our full day in Paris was wonderful. We walked from our hotel in Republique all the way along the River Seine to the Eiffel Tower. It was a clear sunny day and it was the perfect way take in all the sights and break up all the travelling.”Cavill discovers Cathay Pacific offers a real commitment to service.“Travelling on Cathay Pacific was an absolute pleasure. Having booked so many of my clients on the airline it was great to experience it for myself.  The friendly crew provide unfaltering service which combined with modern entertainment systems gives me the confidence to continue recommending Cathay Pacific to my clients without hesitation.” Travel Managersfor more information, visit Source = TravelManagers Australialast_img read more