Nairobi, 17th January 2018 – Toyota Kenya Ltd and NIC Bank PLC have entered into a partnership that would enable customers to purchase a brand new Toyota Hilux at interest rates as low as 7.74%. In addition, any customer purchasing a Toyota Hilux would have access to an extended 90 day repayment holiday. NIC Bank […]
On Wednesday 28th June 2017, NIC Bank and General Motors East Africa (GMEA) announced an asset financing partnership that will see corporates, SMEs and individual customers access financing on Isuzu vehicles at a low interest rate of 13% for up to a period of 6 years. The partnership, which was announced at the GMEA offices, […]
Automotive assembler giant General Motors East Africa and lender NIC Bank have partnered to create a dedicated financing solution for GMEA customers that will see them enjoy cheaper asset finance facilities despite a market-wide escalation in lending rates. Under the deal, valid up to 31st March 2016, General Motors East Africa customers will enjoy up […]
We know you’ve got big dreams to grow your business so don’t just sit back. Come to NIC Bank, the home of Asset Financing. NIC Bank assists clients to acquire new and used movable assets at competitive interest and term rates. We have extensive knowledge of asset finance, with our team averaging decades of experience.
Nairobi, Kenya, March 11, 2019… NIC Bank has today launched a one-of-a-kind financing scheme that will allow Toyota Kenya customers access financing to purchase new Toyota vehicles. Through the attractive asset financing package, Toyota Kenya customers will receive up to 95 per cent financing from NIC Bank, with a unique extended 90-day repayment holiday and […]
Simba Corporation, an integrated business group with controlling interests in diversified fields such as motor sales and service, hospitality, investment and financial services has entered into a partnership with NIC Bank that will pave the way for asset financing for consumers intending to purchase the Mitsubishi line of trucks. The landmark partnership is expected to […]
26 November 2014 NIC Capital, the investment banking subsidiary of the NIC Bank Group, has been mandated as the Lead Arranger to help leasing firm Vehicle and Equipment Leasing Limited (VAELL) raise up to $95 million (Ksh 8.4 billion) through an asset-backed bond issue. NIC Capital, ranked as the Investment Bank of the Year at […]
Nairobi, Kenya, February 13, 2019… Toyota Kenya, the sole distributor of the HINO trucks, and NIC Bank, have signed a partnership agreement that will see Toyota HINO truck customers receive up to 80% financing on the total cost of the truck, payable within 60 months, in an effort to grow the uptake of commercial motor […]