DTB launches into the deep to further boost SMEs
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Media Source: The Exchange (Tanzania)
Date: 1 December 2019
Diamond Trust Bank (DTB) and Simba Corporation have signed a partnership to enable Small and Medium Enterprises (SMEs) to acquire new Fuso trucks. The vehicles will be made available with 100% financing under the bank’s motor vehicle financing scheme dubbed ‘Beba Leo’. The SMEs will be financed to acquire FUSO trucks with a
Diamond Trust Bank (DTB) and Simba Corporation have signed a partnership to enable Small and Medium Enterprises (SMEs) to acquire new Fuso trucks. The vehicles will be made available with 100% financing under the bank’s motor vehicle financing scheme dubbed ‘Beba Leo’. The SMEs will be financed to acquire FUSO trucks with a flexible repayment period that enables customers to gradually pay for them without disrupting their cash flow or working capital. Kennedy Nyakomitta, General Manager in charge of Asset Finance at DTB, said the scheme was developed in a way that would allow the customer to cater to their most pressing needs without any capital outlay.