Standard Chartered Bank has recently signed a 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, said a press release.
Mashud Ibne Mahbub, Head, Priority Banking Acquisition, Standard Chartered Bank and Mr. Syed Shakeel Ahmed, Managing Director, HMBL, signed the MoU on behalf of their respective organisations. Kazi Hamidur Rahman, Head of Mortgage & Auto of Standard Chartered Bank, and Ms. Farzana Khan, Deputy Director- Sales, HMBL, and other senior officials from both organizations were also present at the signing ceremony.