{"id":5774,"date":"2026-04-27T12:06:08","date_gmt":"2026-04-27T12:06:08","guid":{"rendered":"https:\/\/thenewsroomhub.co.ke\/?p=5774"},"modified":"2026-04-27T12:06:08","modified_gmt":"2026-04-27T12:06:08","slug":"ncba-asset-finance-drives-public-transport-growth-with-city-shuttle-sacco-deal","status":"publish","type":"post","link":"https:\/\/thenewsroomhub.co.ke\/index.php\/2026\/04\/27\/ncba-asset-finance-drives-public-transport-growth-with-city-shuttle-sacco-deal\/","title":{"rendered":"NCBA Asset Finance Drives Public Transport Growth with City Shuttle Sacco Deal"},"content":{"rendered":"<p>City Shuttle Sacco has received a significant boost to its operational capacity with the delivery of five Isuzu NQR buses, each with a 33-seater capacity, financed by NCBA Asset Finance, aimed at increasing passenger capacity and improving service efficiency across key transport corridors.<\/p>\n<p>The buses will be deployed by Crown Premium Limited, operating under City Shuttle Sacco, on separate routes, including Mombasa Road, JKIA, and Utawala.<\/p>\n<p>\u201cWe know our customers are ambitious, and as they grow their businesses, NCBA promises to be right there to support them in meeting their business and personal needs.\u201d stated James Karinga, Head of NCBA Asset Finance and IPF. \u201cWe also want to be the partner that banks on the belief of our clients and provides the support to empower their ambitions.\u201d<\/p>\n<p>The NCBA Asset financing framework agreement allows operators to finance up to 90% of the vehicle\u2019s value, offering a repayment period of up to 60 months (5 years) and a 30-day grace period. This enables PSV SACCOs, established transport firms, and individual SACCO members to acquire vehicles through affordable, inclusive, and flexible financial options.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsline.co.ke\/wp-content\/uploads\/2026\/04\/567.jpg\" \/><\/p>\n<p>Speaking at the launch, the Chairman of City Shuttle SACCO lauded the long-term partnership between the Sacco and NCBA, which enabled the acquisition of a new fleet of buses.<\/p>\n<p>\u201cNCBA has supported me at every stage of my 41-year career journey. Each time I walked in with an ambitious goal, they found a way to make it possible,\u201d said Michael Kariuki. \u201cCity Shuttle SACCOs\u2019 bus fleet has grown from 17 to 22 buses with NCBA\u2019s support and their trusted dealer partners; they\u2019ve truly walked this growth journey with us\u201d.<\/p>\n<p>James Karinga, NCBA\u2019s Head of Asset Finance, affirmed that the bank is dedicated to expanding its presence in the PSV segment this year by supporting key operators.<\/p>\n<p>Industry analysts see the leasing framework as a scalable growth mechanism, with comparable asset-backed financing models gaining popularity in other East African markets in deploying capital for the PSV sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>City Shuttle Sacco has received a significant boost to its operational capacity with the delivery of five Isuzu NQR buses,&hellip;<\/p>\n","protected":false},"author":2,"featured_media":5775,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[601],"class_list":["post-5774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ncba-asset-finance-drives-public-transport-growth-with-city-shuttle-sacco-deal"],"jetpack_featured_media_url":"https:\/\/thenewsroomhub.co.ke\/wp-content\/uploads\/2026\/04\/567.jpg","_links":{"self":[{"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/5774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/comments?post=5774"}],"version-history":[{"count":1,"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/5774\/revisions"}],"predecessor-version":[{"id":5776,"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/5774\/revisions\/5776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/media\/5775"}],"wp:attachment":[{"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/media?parent=5774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/categories?post=5774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenewsroomhub.co.ke\/index.php\/wp-json\/wp\/v2\/tags?post=5774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}