Dhaka, Apr 12 (UNB) - Standard Chartered Bank has recently signed a memorandum of understanding (MoU) with Hyundai Motors Bangladesh Ltd (HMBL), Pacific Motors Ltd and Millennium Ssang Yong Motors Ltd.
Customers purchasing brand new Hyundai, Nissan or Ssang Yong vehicles can apply for Standard Chartered Auto Loans or Standard Chartered Saadiq Islamic Auto Finance at a rate of 9 percent per annum and enjoy special discounts on vehicle prices and other value-added offers, according to a press release.
Head of Priority Banking Acquisition of the Standard Chartered Bank Mashud Ibne Mahbub and Managing Director of HMBL Syed Shakeel Ahmed signed the MoU on behalf of their respective organisations.
Head of Mortgage & Auto of Standard Chartered Bank Kazi Hamidur Rahman and Deputy Director (Sales) of HMBL Farzana Khan and other senior officials from both organisations were also present at the signing ceremony.