IFIC Bank, BYD Bangladesh sign MoU to facilitate auto loan services

With the aim of making auto loan facilities easier and more convenient for customers purchasing BYD vehicles, IFIC Bank PLC and BYD Bangladesh have signed a Memorandum of Understanding (MoU).

The MoU signing ceremony was held recently. On behalf of their respective organizations, Helal Ahmed, Chief of Branch Business at IFIC Bank, and Amid Sakif Khan, Managing Director of CG Runner BD Limited, signed the agreement. 

The event was attended by Fariha Haider, Head of SME and Retail Banking at IFIC Bank; Methun Bhattacharjee, Head of Business Development at CG Runner BD Ltd; Fahmid Ferdous Pulok, Head of Sales; and other senior officials from both organizations.

Under the MoU, IFIC Bank customers purchasing BYD vehicles through authorized dealer partners of CG Runner BD Limited will receive priority and expedited auto loan processing services. 

During the campaign period, customers will also enjoy a 0% loan processing fee, while eligible auto loan customers will be able to avail of IFIC Bank credit card facilities without any issuance fee.