Kingdom Bank has launched a strategic partnership with renowned Japanese vehicle exporter, World Navi. The move is aimed at making vehicle importation more accessible and affordable for customers in Kenya.
Speaking at the launch, Alex Kasiki, head of business development at Kingdom Bank, highlighted the partnership as a step towards redefining vehicle ownership by combining Kingdom Bank’s robust asset financing solutions with World Navi’s global expertise in quality vehicle sourcing.
“This is not just about cars or loans, it is about fulfilling dreams. Together, we are opening doors to mobility, possibility and prosperity,” said Kasiki.
Benefits
To start with, customers will enjoy up to 80% asset financing on the value of the imported vehicle. They will also access insurance premium financing to ease upfront costs. In the same vein, there will be a dedicated relationship manager to support customers through the entire process. Financing options will be offered in Kenya Shillings, Japanese and US Dollars in order to suit diverse customer needs. Most importantly, customers will have access to high-quality, pre-owned vehicles with customizable options from a trusted global supplier.
The partnership is already gaining traction, with early success stories including customers financing high end vehicles through the new arrangement.
Susan Njogu, team lead bank financing at World Navi, welcomed the partnership as a timely solution for Kenyans seeking a smoother path to vehicle ownership. “We are proud to partner with Kingdom Bank to make global vehicle access a local reality. This collaboration will empower more Kenyans to take that important step towards vehicle ownership with confidence, affordability and convenience,” she said.
The partnership signing agreement event was attended by key representatives from both institutions, marking the beginning of a collaboration rooted in trust, customer-centricity and shared vision.
