Caetano Kenya inks vehicle financing deal with Stanbic Bank

Stanbic Financial institution and Caetano Kenya have signed a Car or truck Asset Financing partnership settlement that will see the financial institution offer consumers up to 100 for every cent funding with for each cent curiosity amount when obtaining a motor auto from the automobile dealer.

Caetano Kenya has an in depth product selection for equally Hyundai and Renault.

They have the Sedan, Crater, Tucson, Santa Fe, Palisade and the a short while ago launched KONA Electric from Hyundai and the KWID, Triber, Duster, Kangoo and the comfortable Koleos from the Renault collection.

This partnership is interesting to pick out models these types of as the Renault KWID and Koleos that will see Stanbic Financial institution deliver up to 80 for each cent asset funding to its prospects with per cent curiosity premiums at extended repayment periods of up to a few years.

This means that when purchasing the KWID, which retails at a selling price of Ksh. 1.95M, a % APR personal loan for 36 months will deliver your month-to-month payments to around Ksh. 43,333.

“At Caetano Kenya, we area consumer satisfaction at the heart of our precedence and is the driving force to the unwavering enthusiasm for what we do. This partnership with Stanbic Lender demonstrates our motivation to strolling the journey with our shoppers, ” mentioned Pedro Campos, CEO of Caetano Kenya. “Our clients’ money and way of life requirements are at any time-transforming. Thus, we endeavour to foresee these dynamic requirements and innovate answers that can fulfil these requires, ” he included.

The automotive market in Kenya is characterised by excellent dynamism. Vehicle manufactures are now supplying reduced-cost models at desirable selling prices sparking a renewed interest in new automobiles. When you buy a new car, you make a absolutely personalised preference.

A factory-constructed vehicle features you impeccable ease and comfort. You can opt for the colors of its system and the substance of the seats that accommodate you. Not to point out you benefit from the most current technologies and numerous power possibilities. This sort of auto stands out for its resistance and you can exploit it for a lot of yrs.

“This strategic tie-up with Caetano Kenya is very important and quite well timed, as it will profit numerous of our shoppers who earlier would not have been able to obtain assets or funding have entry to new and quality cars,” stated Lilian Onyach, Head of Customer and Substantial Web-value Consumers, Stanbic Financial institution all through the partnership signing.” By doing work with Caetano Kenya, we can now offer exceptional alternatives to our clientele that caters to their motor-motor vehicle demands,” she added.

The bank’s move to companion with Caetano Kenya aims to ease the burden on their clients and offer them peace of brain that will help them to aim on developing their organizations.

The bank is keen to present their clients with alternatives that let them to focus on making their capital and growing their organizations while allowing the bank to assist them to acquire the assets that they require to carry out their each day operations.