Public Bank Berhad and Perodua Sales Sdn Bhd have signed a Memorandum of Collaboration (MoC) for extending financing facilities to authorised Perodua dealers to provide financial products and services.
This collaboration with Perodua will enable digital submission of hire purchase end-financing applications to the Public Bank, including the uploading of basic application documents and tracking of application status. “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. 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,” said Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank. Public Bank has made a committment to contribute to the sustainable development of communities and the automotive industry. “Thus, there is strong synergistic potential where Public Bank and Perodua can continue to work together, in not only growing our respective business, but also contributing positively toward ESG initiatives for the betterment of our society and the world,” he added.
Dato’ Sri Zainal Abidin Ahmad said that this 3-pronged deal addresses the need for the current and future Perodua activities. “I hope this collaboration will further elevate our respective organisations to greater heights,” he said.
Keyword: Public Bank To Provide Financing To Authorised Perodua Dealers