Friday, October 02, 2020

Co-opBank, Toyota Kenya In Asset Finance Deal

    October 02, 2020   No comments

 (Left-Right) Managing Director Toyota Kenya, Arvinder S. Reel,  Acting Director Corporate & Institutional Banking at Co-op Bank Jacqueline Waithaka and Co-op Bank Fleet Africa Leasing Managing Director Robert Mbugua display the deal documents following the sign-off the joint financing deal that will offer up to 95% financing for the purchase of Toyota vehicles. 

Cooperative Bank of Kenya has signed an asset finance deal with Toyota Kenya, a vehicle manufacturer to help customers get vehicles on credit.

The bank has announced that customers can get financing up to 95 percent of the vehicle value if it's from Toyota Kenya brand.

Toyota on the other hand will provide the identified vehicle to the customer and collect payment from the bank.

With this,partnership, Cooperative Bank customers will be able to acquire vehicles for personal or business use.

Beneficiaries will be free to start using the vehicles as they service the loan facility.
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Mwabaya Katana

About Mwabaya Katana

Mwabaya Katana is a Finance Online Researcher and Writer.He is the founder of 'Loans Kenya' Blog.

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