Core Group and IBTC Bank Offer Nigerians Ipad Deal by Installments

Nigerians to Buy Ipad from Core Group and IBTC Bank by Installments

Lagos, Nigeria, 11 June 2013. Core Group Africa, Apple's official distributor for Nigeria today announced a major partnership deal with Stanbic ITBC Bank, which will give Nigerians the opportunity to pay for an iPad, interest free, over 12 months.  The deal is available from today Tuesday and will include any iPad with Retina Display and iPad mini, as well as other selected Apple products.

Mr. Rutger-Jan van Spaandonk, Director of Core Group Africa, said “Offering a finance deal is further testament to the commitment to making official Apple product more accessible to Nigerians. The deal gives Nigerians the fantastic opportunity to purchase official product at an affordable monthly rate, with no deposit interest.”

“iPad is a life-changing product and we want to ensure that more Nigerians have the option of owning this revolutionary device. There has never been a more affordable finance deal to purchase iPad in Nigeria and we encourage customers to apply”, concludes Van Spaandonk.

The Executive Director, Personal and Business Banking, for Stanbic IBTC Bank, Mr. Obinnia Abajue said, “We have partnered with Core Group Africa to offer our customers an opportunity to own an iPad or iPad mini at a 0% interest. This is consistent with our dedication to continually seek ways of delighting our customers by ensuring that we support their aspirations with convenient and affordable products and service at all our touch points.”

Customers will be able to apply for the 0% percent interest deal at any Stanbic branch in Lagos and the offer will be available nationwide shortly. Once customers are approved for the finance deal, they will be able to collect their new iPad from iStore Ikeja Mall. The starting price of the finance deal is as little as ₦5375 per month - pricing details for all iPad models are available in the table below. 

Core Group Africa is the official Value Added Distributor (VAD) for Nigeria, Ghana and Angola and acts as the dedicated full-service brand custodians, managing a brand’s presence from end-to-end, taking care of logistics, distribution, sales, marketing and support and operating through istore, Apple’s global flagship retail store.

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, is a full service financial services group with a clear focus on three main business pillars - Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Standard Bank Group is the largest African bank by assets and earnings. It is rooted in Africa with strategic representation in 18 countries on the African continent, including South Africa. Standard Bank has been in operation for over 150 years and is focused on building first-class, on-the-ground banks in chosen countries in Africa and connecting other selected emerging markets to Africa and to each other, applying sector expertise, particularly in natural resources, globally.

For a full list of Apple products available, pricing and the step-by-step process on how to apply, visit the Apple istore or any IBTC bank branch or www.myistore.com.ng.

MONTHLY PAYMENT BREAKDOWN (for 12 months, no interest)
iPad mini, WI-FI	16GB	₦5375 per month	iPad mini,  WI-FI + Cellular	16GB	₦7450 per month
	32GB	₦7000 per month		32GB	₦9000 per month
	64GB	₦8600 per month		64GB	₦10 600 per month
iPad with Retina Display, WI-FI	16GB	₦8125 per month	iPad with Retina Display, WI-FI + Cellular	16GB	₦10 200 per month
	32GB	₦9750 per month		32GB	₦11 750 per month
	64GB	₦11 400 per month		64GB	₦13 350 per month
All models available in black or white