NCBA Unveils Flexible Transport Financing to Drive Digitization and Growth
The bank emphasized its role as a partner in progress for the transport industry, underscoring its commitment to enabling inclusive financial solutions that power the sector’s evolution.
NCBA Bank has introduced an expanded financing package aimed at strengthening Kenya’s public transport sector and empowering PSV SACCOs and their members.
During an engagement session with SACCO officials, the bank outlined its new approach, which includes financing of up to 90% for SACCOs and up to 80% for individual members. The package comes with extended repayment periods and a simplified access process that eliminates traditional barriers such as SACCO guarantees and share pledges.
According to NCBA, the initiative goes beyond vehicle financing to support growth, digitization, and the long-term sustainability of SACCOs and their members. The bank emphasized its role as a partner in progress for the transport industry, underscoring its commitment to enabling inclusive financial solutions that power the sector’s evolution.
