KCB Bank, Deluxe Trucks Asset Financing Deal

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KCB Bank Director of Corporate Banking Esther Waititu and Deluxe Trucks & Buses E.A. Managing Director, Mr. Ameet Shroff sign a partnership agreement that will see customers enjoy up to 95% asset financing deal with an extended repayment period of 72 months as well as a comfortable 60-day payment holiday. [Photo/ Courtesy]

KCB customers will now be able to access flexible financing options in a deal with Deluxe Trucks & Buses East Africa Ltd. The partnership announced today, will see customers enjoy up to 95% funding with an extended repayment period of 72 months as well as a comfortable 60-day payment holiday.

In addition, customers will have the privilege to access an embedded tracking and insurance package and access to unsecured working capital of up to 3 million among other bank products available at the bank.

Also catered for are KCB SAHL Banking customers who under the Shariah-compliant banking model, will be able to purchase trucks from Deluxe Trucks & Buses at affordable rates.

Speaking during the event, KCB Bank Director of Corporate Banking, Esther Waititu noted that the arrangement is in line with the Bank’s vision to leverage partnerships that seek to provide value to its customers. “We are delighted to partner with Deluxe Trucks & Buses as is a reflection of our commitment to supporting key customers to derive value from their long-standing loyalty,” Waititu said.

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