{"id":2922,"date":"2021-08-26T17:34:57","date_gmt":"2021-08-26T17:34:57","guid":{"rendered":"https:\/\/cre8ivedge.net\/backend\/prime-bank\/?post_type=newsroom&p=2922"},"modified":"2025-05-27T12:31:07","modified_gmt":"2025-05-27T12:31:07","slug":"prime-bank-in-vehicle-asset-financing-deal-with-crown-motors-group","status":"publish","type":"newsroom","link":"https:\/\/cre8ivedge.net\/backend\/prime-bank-dev\/newsroom\/prime-bank-in-vehicle-asset-financing-deal-with-crown-motors-group\/","title":{"rendered":"Prime Bank in Vehicle Asset Financing Deal with Crown Motors Group"},"content":{"rendered":"

26th August 2021, Prime Bank has partnered with Crown Motors Group to offer Vehicle Asset Financing for the purchase of their range of its Nissan vehicles available for the Kenyan market.<\/p>\n

The partnership will see customers benefit from up to 100% financing from Prime Bank for the purchase of Nissan models including the Nissan Patrol, Xtrail, and the Pick up range.<\/p>\n

For the purchase of the models, customers will enjoy \u201cZero\u201d processing fees with up to 48 months repayment period at an interest rate starting from 12.5% per annum. Furthermore, customers will also enjoy a 30 days repayment holiday from the Bank.<\/p>\n

Prime Bank\u2019s Head of SME segment, Ms. Sarah Kiptoo noted that the partnership will ensure growth of the Bank\u2019s Asset Finance portfolio by availing an opportunity to its customers across all sectors, with a wider choice of vehicles to purchase from based on their lifestyles and business needs.<\/p>\n

\u201cWith our robust Asset Finance offering for both businesses and individuals, this partnership guarantees both our customers and non-customers the best deal with an extended repayment period at competitive interest rates for the top of range vehicles in the market,\u201d she added.<\/p>\n

Crown Motors Group\u2019s National Sales Manager Ms. Maliha Sheikh said, \u201cOver and above the financial offering from Prime Bank, all Nissan vehicles come with a 2 year or 50,000 km free service plan and a 3 year\/100,000 km warranty to ensure customer peace of mind whilst enjoying their cars long after their purchase\u201d.<\/p>\n

\u201cWe anticipate that this partnership will facilitate customers in growing their businesses with high quality, reliable and affordable price point vehicles that are built for tough conditions in the Sub-Sahara African market\u201d, she added<\/p>\n

About Prime Bank Limited<\/strong>
\nPrime Bank Ltd is one of the leading private banks in Kenya and was founded in 1992. Serving its customers for over 28 years, with a network of 23 branches, Prime Bank has the expertise to deliver flexible, efficient and personalized services.<\/p>\n

The Bank has business interests in other African countries such as Malawi, Botswana, Mozambique, Zambia, and in Zimbabwe where it recently acquired Barclays Bank of Zimbabwe through its associate bank First Capital Bank.<\/p>\n

For more details about the Bank, please visit our website:\u00a0www.primebank.co.ke<\/a><\/p>\n

For more details about this announcement, please contact:<\/p>\n

Prime Bank:<\/strong>
\nContact Person: Ms. Sarah Kiptoo, Head of SME Banking
\nEmail: sarah.kiptoo@primebank.co.ke
\nTel: +254 718 816 237<\/p>\n

About NISSAN KENYA<\/strong>
\nAbout Crown Motors Group:
\nCrown Motors Group Limited trading under the name Nissan Kenya holds an exclusive distribution agreement for the Nissan brand in Kenya. This includes the sales and servicing of Nissan vehicles as well as spare parts. The company is owned by Motus Africa, PTY LTD. a subsidiary of the listed company Motus. Motus represents several OEM\u2019s and have numerous dealerships throughout Africa, the UK and Australia. Crown Motors LTD started its operations in Nairobi Kenya in July 2014 and since then has opened branches in Mombasa and Kisumu.<\/p>\n

For more information visit\u00a0www.nissankenya.com.<\/a><\/p>\n

Nissan Kenya Contact<\/strong>
\nMaliha Sheikh
\nNational Sales Manager
\nMalihaS@nissankenya.com
\n+254 734 270230<\/p>\n","protected":false},"featured_media":3270,"template":"","categories":[21],"tags":[],"class_list":["post-2922","newsroom","type-newsroom","status-publish","has-post-thumbnail","hentry","category-bank-news"],"acf":[],"yoast_head":"\nPrime Bank in Vehicle Asset Financing Deal with Crown Motors Group - Prime Bank<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prime Bank in Vehicle Asset Financing Deal with Crown Motors Group - Prime Bank\" \/>\n<meta property=\"og:description\" content=\"26th August 2021, Prime Bank has partnered with Crown Motors Group to offer Vehicle Asset Financing for the purchase of their range of its Nissan vehicles available for the Kenyan market. 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