NEW: CBZ launches holiday loan facility

Online Reporter

CBZ Bank has launched a United States dollar-denominated holiday packages loan facility for its clients.

In a statement, CBZ said they had partnered various hotels and travel agents, including African Sun, Rainbow Tourism Group (RTG), Traverze Travel and Rouxgold Travel.

Packages will cover facilities under different criteria, namely Travel Now Pay Later, Book Now Pay Later, and Full Holiday Package.

“CBZ is aware of the value of maintaining a healthy work-life balance, of which vacationing is an essential component.

“Taking time away to recuperate can improve the physical and mental health, self-motivate, build relationships, increase job performance and perspective,” said the bank.

“Thus the introduction of the CBZ holiday package loan comes at an opportune time.

“This becomes even more important over the December holidays when traditionally it is a time to reconnect with family and friends.”

To access the loan, the client simply submits a holiday package loan application at CBZ Bank, attached with a quotation of the preferred holiday resorts and clearly stating all other preferences.

The loan is processed within 48 hours and normal credit procedures apply.

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