
- Tatu City partners with Stanbic Bank to offer flexible financing for Investors;
Tatu City has partnered with Stanbic Bank Kenya to offer flexible financing solutions for Kenyans and diaspora investors.
The agreement, signed through a Memorandum of Understanding, enables prospective homeowners to access loans for properties at Tatu City, Oaklands and Zuri Springs.
Erskine Kiliru, Sales Director, Tatu City, said that this partnership is about removing the financing barrier and helping Kenyans take the bold step toward home ownership.
“Together with Stanbic Bank, we are creating a seamless, transparent process that supports buyers from application to title deed,” said Kiliru.
Through their partnership with the Kenya Mortgage Refinance Company (KMRC), Stanbic Bank will offer prospective investors up to 105 percent financing for homes valued up to sh 10.5 million, with a fixed interest rate of just 9.5 percent.
Mwaura Mwangi, the Head of Product at Stanbic Bank, noted that partnering with Tatu City, they are unlocking access to high-quality developments and helping Kenyans build lasting wealth for themselves and their families.
“As Stanbic Bank, we are passionate about turning dreams into reality. Under our Live Joyfully proposition, we want to offer our customers a smart, affordable way to own their dream property,” said Mwaura.
With prices starting from sh 2.8 million, Tatu City, Oaklands, and Zuri Springs offer a wide range of property options to suit every need, from land banking and rental yield investments to ideal family homes.
Tatu City is a 5,000-acre, new city with homes, schools, offices, a shopping district, medical clinics, nature areas, a sport & entertainment complex and manufacturing area for more than 250,000 residents and tens of thousands of day visitors.
Tatu City is Kenya’s first operational Special Economic Zone (SEZ),providing reduced corporate taxes, zero-rated VAT and import duty exemptions, among other benefits.