Home Business Gulf African Bank, Toyota Kenya sign trucks financing deal

Gulf African Bank, Toyota Kenya sign trucks financing deal

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Business Daily | by Bonface Otieno


Islamic lender Gulf African Bank (GAB) has partnered with motor dealer Toyota Kenya to offer finance to customers buying Hino trucks and buses as well as Hilux pickups.

GAB Managing Director Abdalla Abdulkhalik said the one-year deal will see customers access up to 90 per cent funding in the payment scheme that will require buyers to repay the loan in six years.

“The financing is open to everybody. Motor vehicles being purchased should not be older than seven years from the year of manufacture…

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