{"id":19034,"date":"2020-12-12T21:36:11","date_gmt":"2020-12-12T21:36:11","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=19034"},"modified":"2020-12-12T21:36:11","modified_gmt":"2020-12-12T21:36:11","slug":"dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses","title":{"rendered":"DT Dobie, Co-op Bank to finance purchase of Mercedes buses"},"content":{"rendered":"

AfricaPress-Kenya:<\/strong> 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.<\/p>\n

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.<\/p>\n

Schools and colleges can have payments correspond with school terms for easier cash flow management.<\/p>\n

Co-op Bank Director of Corporate and Institutional Banking Jacquelyne Waithaka said the scheme is available to the bank\u2019s customers as well as other clients who want direct acquisition of vehicles, or for leasing.<\/p>\n

\u201cThe bank has made the terms flexible to accommodate micro, small and medium-sized enterprises, co-operatives, corporates, individuals and farmers, to support them retool their businesses as the economy re-opens,\u201d she said.<\/p>\n

During the launch of the partnership at DT Dobie offices, DT Dobie Project Manager for Mercedes-Benz Buses Mathew Mbuko said 150 units of MB 917 and the bigger MB 1730 buses will be available for customers to buy or lease.<\/p>\n

Schools and transport companies will have the option to decide the configuration of buses that suit them, ranging from 37 seats to the ultra-luxury coaches.<\/p>\n

Leasing vehicles has become popular because the customer benefits from improved service by newer vehicles, easy budgeting due to the fixed monthly payments and is protected from inflation.<\/p>\n

Co-operative Bank\u2019s leasing arm, Co-op Fleet Africa, tracks and monitors the vehicles, deals with routine administration including maintenance, service and repairs and manages the fleet so that clients can focus on uninterrupted service.<\/p>\n

\u201cIn recent years, Mercedes-Benz buses have become a common feature on Kenyan roads due to their smaller optimised engine that saves fuel, and they have longer service intervals which decreases downtime,\u201d said DT Dobie.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Kenya: 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 […]<\/p>\n","protected":false},"author":84,"featured_media":19028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[3690,6862,6861],"class_list":["post-19034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-co-operative-bank","tag-dt-dobie","tag-mercedes-benz-buses"],"yoast_head":"\nDT Dobie, Co-op Bank to finance purchase of Mercedes buses - kenya<\/title>\n<meta name=\"description\" content=\"Motor dealer DT Dobie and Co-operative Bank have entered into a financing partnership worth Sh1 billion that will enable institutions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DT Dobie, Co-op Bank to finance purchase of Mercedes buses\" \/>\n<meta property=\"og:description\" content=\"Motor dealer DT Dobie and Co-operative Bank have entered into a financing partnership worth Sh1 billion that will enable institutions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-12T21:36:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"728\" \/>\n\t<meta property=\"og:image:height\" content=\"449\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"DT Dobie, Co-op Bank to finance purchase of Mercedes buses\",\"datePublished\":\"2020-12-12T21:36:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses\"},\"wordCount\":309,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg\",\"keywords\":[\"Co-operative Bank\",\"DT Dobie\",\"Mercedes-Benz buses\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses\",\"name\":\"DT Dobie, Co-op Bank to finance purchase of Mercedes buses - kenya\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg\",\"datePublished\":\"2020-12-12T21:36:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Motor dealer DT Dobie and Co-operative Bank have entered into a financing partnership worth Sh1 billion that will enable institutions\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg\",\"width\":728,\"height\":449},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/kenya\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DT Dobie, Co-op Bank to finance purchase of Mercedes buses\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/\",\"name\":\"kenya\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"DT Dobie, Co-op Bank to finance purchase of Mercedes buses - kenya","description":"Motor dealer DT Dobie and Co-operative Bank have entered into a financing partnership worth Sh1 billion that will enable institutions","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses","og_locale":"en_US","og_type":"article","og_title":"DT Dobie, Co-op Bank to finance purchase of Mercedes buses","og_description":"Motor dealer DT Dobie and Co-operative Bank have entered into a financing partnership worth Sh1 billion that will enable institutions","og_url":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses","og_site_name":"kenya","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2020-12-12T21:36:11+00:00","og_image":[{"width":728,"height":449,"url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"DT Dobie, Co-op Bank to finance purchase of Mercedes buses","datePublished":"2020-12-12T21:36:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses"},"wordCount":309,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg","keywords":["Co-operative Bank","DT Dobie","Mercedes-Benz buses"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses","url":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses","name":"DT Dobie, Co-op Bank to finance purchase of Mercedes buses - kenya","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg","datePublished":"2020-12-12T21:36:11+00:00","author":{"@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Motor dealer DT Dobie and Co-operative Bank have entered into a financing partnership worth Sh1 billion that will enable institutions","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#primaryimage","url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg","contentUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/12\/dt_dobie_coop_bank5fd506ac9ecf4.jpg","width":728,"height":449},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/dt-dobie-co-op-bank-to-finance-purchase-of-mercedes-buses#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/kenya\/"},{"@type":"ListItem","position":2,"name":"DT Dobie, Co-op Bank to finance purchase of Mercedes buses"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/kenya\/#website","url":"https:\/\/www.africa-press.net\/kenya\/","name":"kenya","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/19034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/comments?post=19034"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/19034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media\/19028"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media?parent=19034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/categories?post=19034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/tags?post=19034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}