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

Giants target Chelsea ace, doubts over Liverpool man, Man United target coy

first_img Kieran Tierney has been a revelation for Celtic 3 Ruben Loftus-Cheek Chelsea have turned down a £50million offer from Barcelonafor Brazilian winger Willian – FULL STORYManchester United manager Jose Mourinho is keen on Willian too and is expected to also make a bid for the Blues star. (Daily Express)Another Manchester United target, Sergej Milinkovic-Savic, has said he is “happy” to stay at Lazio this summer, but also revealed he will take time to rest and “then we’ll see”, after Serbia were knocked out of the World Cup. (Daily Express)Atletico Madrid star Antoine Griezmann, 27, says he wants to end his career playing in Major League Soccer by the time he is in his early 30s. (Le Figaro)Former England boss Sam Allardyce has urged Ruben Loftus-Cheek to leave Chelsea as soon as he can if he is not guaranteed a place in the team next season. (Daily Star) The Toffees have also made a fresh offer for or 29-year-old Besiktas defender Domagoj Vida, and are prepared to let midfield flop Davy Klaassen move in the opposite direction. (AMK Spor)Everton defender Ashley Williams is a target for Stoke City as they prepare for their return to the Championship. (HITC)West Ham are in talks with Inter Milan over signing 31-year-old Italian winger Antonio Candreva. (TuttoMercatoWeb)Newcastle boss Rafael Benitez is planning to spend £35million on the double signing of Kenedy from Chelsea and 25-year-old Kosovan playmaker Valon Berisha from Red Bull Salzburg. (Daily Telegraph)Magpies striker Aleksandar Mitrovic is set to join Fulham in a permanent deal this summer. (The Times)Aston Villa manager Steve Bruce has been told the club cannot even afford free transfers while they are in financial crisis. (Daily Mirror)Highly rated 16-year-old England youth forward Ben Knight is set to leave Ipswich and join Manchester City in a £1million deal next week. (East Anglia Daily Times) targets Here’s a round-up of all the top football headlines and transfer-related gossip from Saturday’s newspapers and online… Man United joined by three other clubs in race for Erling Haaland Latest transfer gossip on talkSPORT.com targets Tottenham Hotspur will NOT sell any of their first-team players until after they return from holiday following the World Cup. Belgium’s Mousa Dembele has been linked with an exit this summer. (ESPN)Former Spurs striker Jermain Defoe says he would “love” to see Gareth Bale return to the Premier League. Defoe believes the Welsh wizard has possibly “had enough” of life at Real Madrid and wants to come back to England. (Sky Sports)Liverpool will hold talks with goalkeeper Simon Mignolet at the end of Belgium’s World Cup campaign over the 30-year-old future at Anfield. (The Guardian)Celtic manager Brendan Rodgers has played down the prospect of signing 25-year-old Liverpool striker Danny Ings. (Daily Star)Everton are reportedly preparing a £25million bid for Celtic’s in-demand left-back Kieran Tierney. (Daily Telegraph) 3 Top nine Premier League free transfers of the decade LIVING THE DREAM Arsenal transfer news LIVE: Ndidi bid, targets named, Ozil is ‘skiving little git’ IN DEMAND Cavani ‘agrees’ to join new club and will complete free transfer next summer RANKED Kevin De Bruyne ‘loves Man City and wants to keep winning’, reveals father The biggest market value losers in 2019, including Bale and ex-Liverpool star Tony Cascarino backs Everton to sign two strikers for Carlo Ancelotti Where every Premier League club needs to strengthen in January LATEST 3 moving on REVEALED Here are the latest talkSPORT.com headlines: Sam Allardyce has expressed concerns over England’s ability to break down teams from open play as they prepare to face Colombia in the last 16 of the 2018 World CupJose Mourinho wants to reinforce his engine room with the signing Toni KroosArsenal are nearing a new long-term deal for Aaron Ramsey, with the signing of his incoming midfield partner Lucas Torreira set to be announced imminentlyReal Madrid right-back Dani Carvajal claims he will save Neymar a locker inside the Bernabeu dressing room in case the club decide to sign him this summerLiverpool and Tottenham have been given a boost after Malcom’s agent revealed Inter Milan’s loan offer is not good enoughChelsea have emerged as the new frontrunners to sign Russian World Cup star Aleksandr GolovinLiverpool goalkeeper Simon Mignolet has hinted at uncertainty over his future at the club, indicating he will assess his position after the World CupNewcastle United are closing in on the signing of Juventus midfielder Stefano Sturarolast_img read more