Zhao (left) and Malayan Banking Corp's Head of Consumer Finance, Maybank Community Financial Services (Malaysia) Zolkefli Awang showing the MoU.
KUALA LUMPUR: BYD Malaysia, the official distributor for Denza brand in Malaysia, and Malayan Banking (Maybank) have signed a Memorandum of Understanding (MOU) to provide hassle-free financial assistance in supporting the growth of sustainable mobility in Malaysia.Maybank, which is appointed as a preferred financier for Denza, will offer Denza customers a range of financing solutions, including rates for as low as 1.75% under its Accelerated Repayment Package.
The bank will also introduce streamlined and quicker approval process experience for customers.
By combining Denza's innovative products with Maybank’s tailored financial services, the partnership would make electric vehicles ownership more accessible and contribute to Malaysia’s transition to a cleaner, greener future.
BYD Malaysia managing director Eagle Zhao said Maybank’s competitive financing solutions and streamlined approval process would enable Malaysians to make an easier switch towards sustainable electric vehicles.
Maybank's Community Financial Service group CEO Syed Ahmad Taufik Albar said the collaboration reflected Maybank’s unwavering commitment in advancing sustainable mobility.
He said reducing emissions from passenger vehicles and accelerating EV adoption reinforces the bank's broader ambition to become the sustainability leader across Asean," he said.
