Bank Asia, Rancon Motor Bikes sign two-wheeler financing deal

Bank Asia PLC has signed a strategic Memorandum of Understanding (MoU) with Rancon Motor Bikes Limited to offer convenient and attractive two-wheeler loan facilities to prospective motorcycle buyers.

Under the partnership, customers of Rancon Motor Bikes Limited will be able to avail themselves of Bank Asia’s two-wheeler loans at competitive interest rates. The collaboration will also include joint marketing initiatives, customer engagement programmes and promotional activities to raise customer awareness and improve access to financing, says a press release.

The MoU was signed recently at Bank Asia Tower in Karwan Bazar, Dhaka. MdSabbir Hossain, Additional Managing Director and COO of Bank Asia PLC, and Imran Zaman Khan, Divisional Director of Rancon Motor Bikes Limited, signed the agreement on behalf of their respective organisations.