NCBA Bank Rwanda Passes 100 EV Financing Milestone with Longtai Group – Expanding Access to Sustainable Mobility

Staff Writer
5 Min Read

NCBA Bank Rwanda has reached a significant milestone in its sustainability journey, financing more than 100 electric vehicles (EVs) through its partnership with Longtai Group.

The achievement reflects the bank’s growing role in supporting Rwanda’s transition to clean mobility by making electric vehicle ownership more affordable and accessible to individuals and businesses.

The collaboration is one of many similar partnerships the bank has initiated in sustainability covering green cities, sustainable living, mobility, real estate and represents a small portion of the banks fast expanding portfolio of green initiatives.

The milestone was marked on 2 July 2026 with the handover of 15 additional electric vehicles to customers, further demonstrating the growing demand for sustainable transport solutions and the increasing confidence Rwandans have in electric mobility.

While the 100-vehicle milestone is an important achievement, it also represents a broader ambition.

The EV financing programme forms part of NCBA Bank Rwanda’s expanding green finance portfolio, which supports investments in sustainable mobility, green cities, renewable energy, sustainable real estate and other environmentally responsible initiatives.

Through these solutions, the bank continues to align its financing with Rwanda’s national vision for inclusive and sustainable economic growth.

Electric vehicles are becoming an increasingly attractive option for motorists looking to reduce operating costs while contributing to environmental conservation.

Recognising that the initial purchase price can be a barrier for many customers, NCBA Bank Rwanda partnered with Longtai Group to provide flexible financing that makes EV ownership a realistic option for more people.

Customers can access financing with repayment periods of up to five years, complemented by comprehensive insurance and a five-year warranty package.

The financing model enables customers to begin enjoying the financial benefits of electric mobility immediately while spreading repayments over an affordable period.

Speaking during the vehicle handover ceremony, NCBA Bank Rwanda’s Head of Business, Samuel Nkubito, said the milestone demonstrates the bank’s commitment to developing innovative financial solutions that create lasting value for customers and communities.

“Our role goes beyond providing financing. We want to enable solutions that improve people’s lives while contributing to Rwanda’s sustainable development agenda. Electric vehicles allow customers to reduce transport costs, improve business efficiency and embrace cleaner technologies that benefit the environment.”

The programme has already begun delivering measurable benefits to customers. Professional driver Olivier Kamali recently financed his second electric vehicle through NCBA after experiencing significant savings from his first purchase.

He explained that the lower operating costs associated with electric vehicles have enabled him to comfortably repay his loan, increase his savings, support his family and expand his transport business by investing in another vehicle.

Longtai Group has complemented the financing programme by strengthening after-sales support for EV owners. According to Commercial Manager François Régis Irareba, the company has invested in trained technicians, genuine spare parts and modern servicing facilities to ensure customers enjoy reliable maintenance throughout the life of their vehicles.

The partnership illustrates how collaboration between financial institutions and private sector innovators can accelerate the adoption of clean technologies while creating tangible economic opportunities for customers.

As Rwanda continues investing in green growth, NCBA Bank Rwanda remains committed to expanding financing solutions that support sustainable development.

Surpassing 100 financed electric vehicles is not only a milestone for the bank but also an indication of the growing momentum behind cleaner, smarter and more affordable mobility in Rwanda.

Interested in owning an electric vehicle? NCBA Bank Rwanda offers flexible financing solutions that make EV ownership simple and affordable, while Longtai Group provides a wide range of electric vehicles to suit different needs.

Visit your nearest NCBA Bank Rwanda branch or call 0788 315 792 to begin your journey towards smarter, cleaner and more sustainable mobility.

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