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Co-op Bank Inks Deal to Boost Green Energy Financing

DT Dobie, Co-op Bank to finance purchase of Mercedes buses

By Standard Reporter | December 13th 2020 at 00:00:00 GMT +0300 Finance Director DT Dobie Srinivas Cherevu with Co-op Bank’s Director Corporate and Institutional Banking, Jacquelyn Waithaka inside the model Mercedes school bus. Motor dealer DT Dobie and Co-operative Bank have entered into a financing partnership worth Sh1 billion that will enable institutions purchase or lease Mercedes-Benz buses.  Customers who qualify for the scheme will have the option to purchase buses with financing of up to 95 per cent or acquire more units through 100 per cent leasing, for an extended period of up to 60 months. Schools and colleges can have payments correspond with school terms for easier cash flow management.

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