Maybank ties up with Honda Malaysia for auto financing
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has tied up with Honda Malaysia Sdn Bhd to be an automotive financier in the country as well as a provider for comprehensive financial services solution. Maybank said on Monday that financial services solution covers car manufacturing, distribution, retailing and after sale services for its suppliers, dealers and customers in Malaysia. It added that as a financial solution provider, it would provide access to floor stocking financing, hire purchase, credit card merchants, cash management, Distributor-Supplier Financing packages and MaxiPlan. “Maybank will also provide clients of Honda Malaysia with access to personal and business insurance coverage as well as online banking services,” Maybank said. Maybank’s head of community financial services, Hamirullah Boorhan said the tie-up would benefit Honda dealers as they would enjoy electronic and mobile access to the entire suite of banking products and services from Maybank. “With ...