Gulf Bank inks vehicle financing deal with TransAfrica Motors

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A Gulf African Bank branch in Nairobi. FILE PHOTO | NMG

Islamic lender Gulf African Bank (GAB) has inked a deal with TransAfrica Motors to finance customers buying Chinese First Automotive Works (FAW) trucks from the motor dealer.

Gulf African Bank head of business, Saada Mohamed said the agreement would see customers – Muslim and non-Muslims – access up to 80 percent financing for up to four years.

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