Stanbic, CFAO Motors ink 18p.c vehicle interest rate partnership drive
Published On September 30, 2022 » 1083 Views» By Times Reporter » Business, Stories
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By MAIMBOLWA MULIKELELA-
OVER K1.2 billion worth of financing for moveable assets in various sectors of the economy has been released by Stanbic Bank Zambia this year, as it partners with Toyota distributor CFAO Motors to introduce a scheme that will provide 18 per cent interest rate on vehicles.
The financing has been channelled to the manufacturing, agriculture, mining, transport and telecommunications sectors from January to date to help customers access finance.
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