NCBA Bank Uganda, in partnership with World Navi Co. Ltd and ICEA Insurance, have launched a campaign that offers customers an opportunity to import new and used vehicles of their choice at subsidized prices.
The campaign, which will run for the next three months of the festive season, was launched at Kampala Serena Hotel, yesterday.
“As part of its efforts to offer customers a great festive season, NCBA Bank will within two working days offer up to 80% financing for any vehicle imported through World Navi Co. Ltd, between November 2023 – January 2024” Mr Mark Muyobo the CEO of NCBA Bank said.
He said the bank will additionally offer a two months’ grace period and convenient installment payment terms thereafter.
Speaking at the launch, Mr Ambrose Kibuuka the CEO of ICEA Lion said all imported vehicle will get 3% comprehensive insurance cover from ICEA Insurance so as to give customers complete peace of mind.
Utility
World Navi Co. Ltd is located in Japan, World Navi Co. Ltd and are the leading importers and exporters of used vehicles, auto parts as well as construction equipment and machinery.
NCBA Bank on the same note is the 3rd largest bank in East Africa, with an asset base of USD 4.45 Billion (2022). It started its operations in Uganda in 2020, following a merger between NC Bank Uganda Limited and Commercial Bank of Africa Limited.
Mr Muyobo sair NCBA Bank believes in the power of collaboration and has established strategic partnerships with leading companies in various industries to provide its clients with access to innovative products and services that complement its offerings.
Insurance has evolved over time into a distinctive, cohesive and trusted brand that clearly differentiates it in the market.
As East Africa’s leading insurer, ICEA provides high quality insurance and related financial services that meet and exceed the needs and expectations of customers, consistent with global best practice.
