Kindly read, accept notifications button below and share widely to support our cardinal services of informing, educating and promoting brands, thanks
Gulf African Bank has signed a Memorandum of Understanding (MoU) with the giant motor vehicles manufacturer DT Dobie that will see registered entrepreneurs own motor vehicles through loaning
Speaking during the sign up ceremony in Nairobi, GAB CEO Anuj Mediratta indicated that the Bank was keen on developing joint, combined or complementary programs to ensure customers unlock their full potential and participate optimally in the sectors they are in.
Under the partnership, customers will enjoy a maximum repayment tenor of 60 months with schools buying Mercedes Benz buses under the pact enjoying TERMLY payments.
Exchanging their pact, the both business moguls said an MOU will seal a pact that will see registered SMEs & Corporates in Kenya access up to 90% financing to own the vehicles including schools.
“Assets drive up production and value of businesses. We have a range of midsize to large heavy-duty trucks that are ideal for any business in need of reliable, high performance vehicles”- Safraz Premji, GM Hyundai Trucks said.
