NAIROBI, Kenya, Dec 7 – NCBA bank customers will now be able to access up to 100 percent financing on new and used vehicles under a deal with CFAO Motors.
The deal will cover the acquisition of personal vehicles and commercial trucks as well as buses.
“We are excited with this new partnership as it reaffirms our commitment to offer a strong asset finance value proposition to our customers who are keen on owning their first vehicles or even upgrading,” NCBA Group Director, Asset Finance and Business Solutions Lennox Mugambi said.
“Given the current economic challenges, Kenyans have had to readjust their priorities and that is why as NCBA, we are constantly seeking strategic partnerships that will make vehicle ownership more convenient and affordable for all,” he added.
On his part, CFAO Motor Kenya General Manager for Vehicle Sales Daniel Maundu noted that the auto dealer will continue to play a key role as an enabler in the mobility sector.
“The coming to fruition of this agreement aligns with our long-term agenda to leverage partnerships geared towards providing true value to our customers. At the same time, it also reflects our commitment to keep the consumer at the heart of what we do, in keeping with our vision to be the preferred partner for mobility solutions,” he said.
