Dar es Salaam, Tanzania, April 21, 2026: Exim Bank Tanzania has entered a strategic partnership with Toyota aimed at making vehicle ownership more accessible and affordable for Tanzanians.
The partnership introduces a tailored vehicle financing solution that enables both individuals and businesses to acquire brand-new and pre-owned vehicles with minimal upfront costs and flexible repayment terms of up to six years.
Speaking during the signing ceremony, Head of Retail Banking at Exim Bank, Andrew Lyimo, noted that the collaboration reflects the Bank’s continued commitment to offering practical, customer-centric financial solutions.
“At Exim Bank, we are focused on going beyond traditional Banking by providing solutions that respond directly to the everyday needs of our customers. This partnership with Toyota allows us to simplify vehicle ownership by offering flexible financing options that ease the financial burden while supporting both personal mobility and business growth,” said Lyimo.
Through this initiative, Exim will offer vehicle financing of up to 80% of the purchase price, with flexible repayment terms. The solution is designed to provide customers with affordable and convenient access to vehicle ownership, supported by competitive interest rates and manageable down payment requirements.
The financing package is designed to support a wide customer base, including salaried individuals, entrepreneurs, SMEs, and corporate clients seeking reliable transportation solutions without disrupting their cash flow.
A representative from Toyota, General Manager, William Kadiva, highlighted the importance of the partnership in expanding access to quality vehicles in Tanzania.
“Our collaboration with Exim Bank is a significant step towards making Toyota vehicles more accessible to a wider range of customers. By combining our trusted vehicle solutions with flexible financing, we are empowering more Tanzanians to own reliable vehicles that support their daily lives and business operations,” said Kadiva.
Customers can access the financing solution by visiting any Exim Bank branch or Toyota (Automark) showroom across the country to explore available options and begin their vehicle ownership journey.
This partnership underscores a shared commitment by Exim Bank and Toyota to drive economic activity, enhance mobility, and support the growth of businesses across Tanzania.
