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Perodua and Public Bank ink MOC to offer online loan application for customers

Arvind · May 30, 2023 09:00 AM

Perodua and Public Bank ink MOC to offer online loan application for customers 01

Public Bank Berhad and Perodua have inked a Memorandum of Collaboration (MoC) aimed at offering better financing facilities and speedier applications to customers via Perodua authorized dealers.

The collaboration with Perodua will enable Public Bank to facilitate faster processing of loan products by providing an online platform for uploading documents, completing final submissions and tracking application status.

Managing Director and Chief Executive Officer of Public Bank, Tan Sri Dato’ Sri Dr. Tay Ah Lek said, "Perodua is also Malaysia’s first and biggest Energy-Efficient Vehicle (EEV) manufacturer. On our part, supporting the growth of the EEV industry is a key pillar of the Bank's climate agenda, where Public Bank had mobilised over RM30 billion in domestic EEV financing by the end of 2022,"

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Also read: Perodua now controls over 40% of Malaysia's 2023 new car sales - 97,438 units as of April

Perodua and Public Bank ink MOC to offer online loan application for customers 01

He added, "As part of our ongoing commitment to supporting the growth of the EEV industry, Public Bank has increased its EEV lending target from RM25 billion to RM33 billion by 2025.”

President and CEO of Perodua Dato’ Sri Zainal Abidin Ahmad added that the 'three-pronged' deal addresses the need for the current and future Perodua activities and hopes that the collaboration will further elevate business for Perodua and Public Bank Berhad to greater heights.

Arvind

Senior Writer

Arvind can't remember a time when he didn't wheel around a HotWheels car. This love evolved into an interest in Tamiya and RC cars and finally the real deal 1:1 scale stuff. Passion finally lead to formal training in Mechanical Engineering. Instead of the bigger picture, he obsesses with the final drive ratio and spring rates of cars and spends the weekends wondering why a Perodua Myvi is so fast.

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