GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Buying Guides Honda Malaysia Partners With Maybank To Offer Better Financial Solutions Honda Malaysia Partners With Maybank To Offer Better Financial Solutions Buying Guides Jim Kem | May 11, 2015 05:46 pm Honda Malaysia Sdn Bhd has shook hands with Maybank over an agreement to better integrate each other’s operations to combine automotive manufacturing and sales with a comprehensive range of financial services.With the aim of enhancing operational efficiencies for Honda dealers, service centres and - most importantly - customers, Maybank divulged details of the newly inked deal on Monday, May 11 that would cover manufacturing, distribution, retailing, and after sales services for its Malaysian dealers and customers, offering the gamut of expertise from Maybank’s financial solutions portfolio such as stocking financing, hire purchase, credit card merchants, cash management, distributor-supplier financing packages and their proprietary MaxiPlan.The joint-effort would relieve dealers of the tedium involved with having to deal with arranging and monitoring financing to get to the customers so that they can focus on developing their business and increase sales.“Maybank will also provide clients of Honda Malaysia with access to personal and business insurance coverage as well as online banking services,” Maybank said.Hamirullah Boorhan, Maybank’s head of community financial services said that the move was spurred on by a growth of 10.3 percent in its automobile financing franchise industry compared to a mere 4.4 percent the year prior.“This has been achieved by maintaining superior asset quality with our impaired loans ratio being the lowest in the industry,” Hamirullah continued.Maybank is also already the leader in floor stocking financing in Malaysia. These realizations opened the bank’s eyes to the opportunity to become the leader automotive financier in Malaysia as well. And with its partnership with Honda inked, more automakers might decide to have partnership with its own choice of bank to provide the financial backbone necessary to have its focus fixed on selling cars and serving individual customers. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Business Deal Finanacing Hire Purchase Honda Maybank Print Jim Kem Content Producer There's just something about cars. It's a conveyance, it's a liability, it's a tool; but it can also be a source of joy, pride, inspiration and passion. It's much like clothes versus fashion. And like the latter, the pursuit of perfection never ends. Related News Etiqa Launches E-Cleva – Approve Minor Accident Claims In 30 Minutes Auto News Arvind | August 02, 2018 Drivers insured by Etiqa can look forward to speedier claims processing with the introduction of E-Cleva, a mobile app that allows for speedy ... Miliki Volkswagen Raya Ini Dan Jimat Sehingga RM48K! Buying Guides Gerard | July 09, 2015 Kini lebih mudah untuk memiliki kemantapan sebuah Volkswagen. Polo, Jetta, Tiguan, Passat, Golf, Polo Sedan, apa saja Volkwagen idaman hati, anda ... Thai Car Exports See 9% Drop Auto News Gokul | October 20, 2016 According to a report by Bangkok Post, the Federation of Thai Industries (FTI)’s automotive industry club announced yesterday that the nation’s ... BNM: You will be charged interest on your paused HP loans Auto News Ferdinand | May 02, 2020 This is a developing story and we hope to have more for you in due time. In an early Labour Day gift, Bank Negara Malaysia (BNM), late yesterday ... Comments
Honda Malaysia Partners With Maybank To Offer Better Financial Solutions Buying Guides Jim Kem | May 11, 2015 05:46 pm Honda Malaysia Sdn Bhd has shook hands with Maybank over an agreement to better integrate each other’s operations to combine automotive manufacturing and sales with a comprehensive range of financial services.With the aim of enhancing operational efficiencies for Honda dealers, service centres and - most importantly - customers, Maybank divulged details of the newly inked deal on Monday, May 11 that would cover manufacturing, distribution, retailing, and after sales services for its Malaysian dealers and customers, offering the gamut of expertise from Maybank’s financial solutions portfolio such as stocking financing, hire purchase, credit card merchants, cash management, distributor-supplier financing packages and their proprietary MaxiPlan.The joint-effort would relieve dealers of the tedium involved with having to deal with arranging and monitoring financing to get to the customers so that they can focus on developing their business and increase sales.“Maybank will also provide clients of Honda Malaysia with access to personal and business insurance coverage as well as online banking services,” Maybank said.Hamirullah Boorhan, Maybank’s head of community financial services said that the move was spurred on by a growth of 10.3 percent in its automobile financing franchise industry compared to a mere 4.4 percent the year prior.“This has been achieved by maintaining superior asset quality with our impaired loans ratio being the lowest in the industry,” Hamirullah continued.Maybank is also already the leader in floor stocking financing in Malaysia. These realizations opened the bank’s eyes to the opportunity to become the leader automotive financier in Malaysia as well. And with its partnership with Honda inked, more automakers might decide to have partnership with its own choice of bank to provide the financial backbone necessary to have its focus fixed on selling cars and serving individual customers. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Business Deal Finanacing Hire Purchase Honda Maybank
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Etiqa Launches E-Cleva – Approve Minor Accident Claims In 30 Minutes Auto News Arvind | August 02, 2018 Drivers insured by Etiqa can look forward to speedier claims processing with the introduction of E-Cleva, a mobile app that allows for speedy ...
Miliki Volkswagen Raya Ini Dan Jimat Sehingga RM48K! Buying Guides Gerard | July 09, 2015 Kini lebih mudah untuk memiliki kemantapan sebuah Volkswagen. Polo, Jetta, Tiguan, Passat, Golf, Polo Sedan, apa saja Volkwagen idaman hati, anda ...
Thai Car Exports See 9% Drop Auto News Gokul | October 20, 2016 According to a report by Bangkok Post, the Federation of Thai Industries (FTI)’s automotive industry club announced yesterday that the nation’s ...
BNM: You will be charged interest on your paused HP loans Auto News Ferdinand | May 02, 2020 This is a developing story and we hope to have more for you in due time. In an early Labour Day gift, Bank Negara Malaysia (BNM), late yesterday ...