FCMB offers Advisory Services for Overseas studies

Fri, Jun 15, 2018 | By publisher


Banking Briefs

FIRST City Monument Bank, FCMB, Limited has launched a scheme tagged ‘FCMB Education Advisory Service’. The bank said in a statement that the scheme would ensure convenient and affordable education support for its customers or their children desirous of studying abroad and obtaining undergraduate and post-graduate degrees.

According to the statement, the support includes overseas admission information services, school fees remittance, school living allowances and travel fares, loans to support school fees payments, visa process, travels and examination preparation.

The bank said it struck a partnership with MOD Group, an international education promotion and marketing company with operations deeply rooted in Nigeria and covering the West Africa sub-region.

Olu Akanmu, executive director, retail banking, FCMB, was quoted as saying that the bank was committed to championing and executing initiatives that would promote education and knowledge acquisition among Nigerians. “At FCMB, we walk and work with our customers to fulfil their life aspirations for themselves, their families and their businesses, including the provision of the best education.

“The FCMB Education Advisory Services in partnership with MOD Services and international partners also covers school admission process, visa processing, travel and examination preparation,” he said.

Akanmu said the FCMB would also be providing prompt school fees and living allowances remittance, loans to support school fees payment and international cards to support living overseas for Nigerian students.

“We have Lufthansa Airline, and other partner airlines on board to offer students discounted fares under this scheme. This also covers their guardians accompanying them. In addition, we have AXA Mansard coming on board to provide medical cover for the students to the tune of $60,000 a year.”

Jun. 15, 2018 @ 14:37 GMT |

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