The agreement was signed on January 8, 2026, at Toyota Rwanda Ltd's headquarters in Karuruma, Kigali.
The collaboration enables I&M Bank customers, and anyone interested in banking with I&M, to buy Toyota vehicles with special discounts and streamlined loan arrangements.
Kayihura Yves, Head of Retail Banking and Branch Operations at I&M Bank Rwanda, said the partnership will strengthen business ties between the two organisations and remove financial barriers for those who want to own new Toyota vehicles.
'This collaboration between I&M Bank Rwanda and Toyota Rwanda will help our customers access high-quality vehicles. The bank will provide the vehicles as collateral, so customers will not need to offer additional assets,' he explained.
He added that I&M Bank will also offer vehicle insurance through a dedicated department, allowing customers to complete all required services in one place and without delays.
Nenad Predrevac, Managing Director of Toyota Rwanda Ltd, described the partnership as a commitment to enhancing customer services and deepening the existing relationship with I&M Bank.
Patrick Kanyandekwe, Operations Manager at Toyota Rwanda, emphasised that the agreement will deliver price discounts and faster vehicle delivery for eligible customers.
'Any I&M Bank customer, or anyone who chooses to work with the bank, can receive discounts on the vehicles they want and benefit from prompt service, whether they approach us through the bank or directly at Toyota Rwanda,' he said.
He also noted that Toyota Rwanda handles post-sale maintenance and currently offers 13 different vehicle models.
IGIHE
