VOLVO Malaysia and Standard Chartered Bank Malaysia
are collaborating to offer a financial solution to enable
small-and-medium enterprises (SMEs) in the country to purchase
high-quality trucks.
Source from (The Malay Mail): http://www.mmail.com.my/story/volvo-and-stanchart-collaborate-financial-smes-33092
Published: October 12, 2012
Volvo Malaysia Managing Director Mansoor Ahmed said the
first-of-its-kind total financial solution, coupled with the total
profitability over-lifecycle (TPOL) consultation by the automotive
company, would enable the purchase of commercial vehicles to be more
affordable and cost-effective in the long-term for SMEs.
"The TPOL solution is about partnering with our customers and
bringing to them best practices and analytics towards understanding the
key components of profitability in their business by looking at
investment, operational costs and revenue drivers," he said in a
statement today.
He added that both Volvo and Standard Chartered will work closely in
assessing and responding to the customer's requirements with a two-week
turnaround time.
Standard Chartered SME Banking General Manager Vishal Shah said the
company is looking forward to working with Volvo towards the successful
pursuit of its business strategy by leveraging on the growth
opportunities in Malaysia. -Bernama
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