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NCBA inks asset financing deal with automobile distributor Inchcape

NAIROBI, Kenya, June 4 – NCBA Bank has partnered with British automobile distributor Inchcape Kenya for an asset financing campaign slated to run till March 2025.

Under the MEMORANDUM OF Understanding (MoU), the lender will provide financing options for both new and pre-owned, BMW, Jaguar, and Land Rover vehicles distributed by Inchcape.

Likewise, all vehicles financed under this scheme will be insured through NCBA bank assurance Intermediary Limited in what the partners say is set to ensure security for customers.

NCBA Bank Group Managing Director, John Gachora lauded the partnership as an enabler to the much needed financing for customers.

“This partnership underscores our commitment to provide innovative solutions in asset finance to benefit our customers.It opens up new opportunities for customers to own premium vehicles from renowned brands like Jaguar, Land Rover, BMW, and Changan,”he said.

On his part, Inchcape’s Managing Director Julia Vershinskaya asserted that the company has elaborate plans to ensure its customers get their desired units through a seamless payment plan.

“Customers can purchase from the BMW and the JLR model lineup with ease because of this partnership. For peace of mind, the vehicles come with a warranty, dedicated after sales support and free tank of fuel in addition to financing,” she said.

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