Keystone Bank Partners with Kewalram Nigeria to Expand Vehicle Financing for Individuals and Businesses

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Keystone Bank Partners with Kewalram Nigeria to Expand Vehicle Financing for Individuals and Businesses

 

For many individuals and businesses, owning a vehicle is the difference between staying stuck and moving forward. That’s the gap Keystone Bank is stepping in to close with a new partnership with Kewalram Nigeria Limited, aimed at expanding access to vehicle financing. Through this collaboration, customers can access financing for a wide range of vehicles distributed by Kewalram, including Soueast, Foton and Isuzu brands, as well as electric, hybrid and conventional options. As part of the partnership, customers also gain access to a 15% discount on eligible vehicles, to help lower the overall cost of borrowing.
Speaking at the signing of the Memorandum of Understanding, Group Head, Retail and Digital Banking, Olayemi Sule, said: “By combining flexible auto financing with negotiated vehicle discounts, we are creating a proposition that improves affordability while supporting the mobility and business needs of individuals and enterprises. The retail market remains a critical focus for the bank, and this partnership underscores our strategic commitment to expanding access to consumer and SME financing, fostering sustainable mobility and strengthening collaborations that deliver tangible value to customers.”
The MoU signing was attended by several Keystone Bank executives, including Helen Maiyegun, Directorate Head, Lagos & West; Gani Adebayo, Directorate Head, Lagos Mainland; Izore Lami Bamawo, Group Head, Marketing and Corporate Communication; Olabimpe Onasanya, Group Head, Corporate Finance; Michael Batan, Group Head, Corporate Support; Alao Ayodeji, Group Head, Financial Institutions; Dr Akinyemi Euba, Regional Head, Victoria Island; Francis Madukwe, Regional Head, Apapa; and Bolajoko Agunlejika, Department Head, Retail Products. The partnership reflects Keystone Bank’s ongoing commitment to strengthening our retail and SME lending portfolio and to building products that help customers acquire the assets that power their personal and business goals.
Ready to explore vehicle financing options? Reach out to your nearest Keystone Bank branch.