Chang (second from left) and Rozman (second from right) showing their MoC documents. Looking on are (third from left) Dr Tay and Zainal Abidin (third from right).
KUALA LUMPUR: Public Bank Bhd and Perodua Sales Sdn Bhd (Perodua) have signed a Memorandum of Collaboration (MoC) to provide financing facilities to Perodua authorised dealers to extend wholesome financial products and services.
Present at the ceremony last week were Public Bank managing director and chief executive officer Tan Sri Dr Tay Ah Lek, its deputy chief executive officer Datuk Chang Kat Kiam, Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad, its chief operating officer JH Rozman Jaafar and other senior management staff of both companies.
The collaboration with Perodua will enable Public Bank to interface and facilitate digitalisation via online submission of hire purchase end-financing applications to the bank including uploading of basic application documents and tracking of application status.
Dr Tay said Perodua is also Malaysia’s first and biggest Energy-Efficient Vehicle (EEV) manufacturer and that supporting the growth of the EEV industry is a key pillar of the bank's climate agenda.
He said Public Bank had mobilised over RM30bil 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 RM25bil to RM33bil by 2025,” he said.
He also said the strong synergistic potential where Public Bank and Perodua could continue to work together, in not only growing their respective businesses, but also contributing positively toward ESG initiatives for the betterment of society and the world.
Zainal Abidin Ahmad said the three-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.
