Public Bank Berhad enters into a collaboration with Proton New Energy Technology Sdn Bhd (PRO-NET)

Public Bank Berhad  had formalised a collaboration with Proton New Energy Technology Sdn Bhd (PRO-NET) by entering into a Memorandum of Collaboration (MoC) on 9 August 2023 which aims to provide financing facilities on financial products and services sold by PRO-NET (which was set up to sell new energy powered vehicles like EVs etc), and to embark on digitalization via systems integration with smart Malaysia (PRO-NET's first vehicle dealership in Malaysia) and its authorized dealers.

This collaboration will enable Public Bank to facilitate digitalisation via online submission of hire purchase end-financing applications and Floor Stocking facility through smart customer App and their authorized dealers thus improving the market shares in the EV automotive industry. Basically, this arrangement allows smart Malaysia dealers to have financial instruments available from Public Bank right from the start of sales of smart vehicles here, especially the upcoming smart#1 compact crossover car.

BMW Group Malaysia with BMW Group Financial Services Malaysia Offers 360° Premium Ownership Experience for Businesses with New Corporate Mobility Solutions

BMW Group Malaysia is now adding more to its 360° Premium Ownership Experience for its Corporate Partners with new Corporate Mobility Solutions with BMW Group Financial Services Malaysia. According to the company, the new scheme are industry-leading and innovative financial mobility solution introduced to make the premium ownership experience an even more comprehensive one for corporate clients of BMW and MINI.

Proton and Bank Rakyat Are Offering Special Finance Packages For Fresh Graduates & Government Employees For Certain Proton Cars

PROTON and Bank Rakyat are offering special financial packages for fresh graduates and also to government employees on certain Proton car model. This special package will be valid until 31 December 2019 and amazingly provides up to 100% financing for fresh graduates and government employees. In other words, if you qualify, you don't even pay a single Malaysia sen when you drive off with the car. Well, then you have to start with the monthly installments, but that's another thing.

New 'Renault Subscription' Plans for Renault Koleos and Captur Vehicle Financing

Renault is now offering something called the ‘Renault Subscription’ vehicle financing packages for their customers here in Malaysia. Touted as offering freedom and flexibility, the ‘Renault Subscription’ allows customers flexible payment schemes for their new Renault, where they can break away from long-term loan tenures, rigid lock-ins as well as having less concerns about vehicle depreciation costs. The schemes are offered for the Renault Captur crossover and their premium Renault Koleos SUV.  All for as low as RM43 per day.