Public Bank Berhad and Perodua have signed a Memorandum of Collaboration (MoC) to provide financing facilities to Perodua authorized dealers. This collaboration between the two companies will enable Public Bank to interface and facilitate digitalisation via online submission of hire purchase end-financing applications to the bank. Uploading of basic application documents and tracking of application status are also included.
Public Bank Berhad Managing Director and Chief Executive Officer, 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.”
He adds, “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.”
He also added, “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.”
Perodua President and CEO, Dato’ Sri Zainal Abidin Ahmad mentioned that this three-pronged deal addresses the need for Perodua’s current and future activities. “I hope this collaboration will further elevate our respective organisations to greater heights,” he said.
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