According to the Guardian News (Nigeria), Stanbic IBTC Bank and Caterpillar Financial Services, Dubai, have agreed to a pact to provide financial services to Mantrac Unatrap Group, an authorized Cat dealer operating in nine countries including Nigeria, Ghana, Kenya and Tanzania.

The News quotes CAT Financial president Kent Adams as saying, “the combination of the globally recognized CAT Financial brand with Standard Bank Group, alongside Stanbic IBTC, creates a powerful competitive advantage for our dealer networks to enable them to obtain financing for their customers and enhance the sale of equipment.”

To read the Nigerian Guardian News storyclick here.