Co-op Bank in new financing deal for used car importers

Gideon Muriuki, the Co-op Bank chief executive. The Co-operative Bank has entered into a joint venture with World Navi Company, a leading Japanese exporter of used cars to Africa and Europe, for financing importers. FILE PHOTO | NMG

The Co-operative Bank #ticker:COOP has entered into a joint venture with World Navi Company, a leading Japanese exporter of used cars to Africa and Europe, for financing importers.

The partnership will see buyers of cars costing Sh500,000 or more get vehicles from key markets like Japan, UK and Thailand at “affordable prices” as well as secure up to 80 percent financing for the purchase.

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