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United Finance, Akij partner to offer EV loans

United Finance, Akij partner to offer EV loans
High officials from both organisations are pictured with the signed MoU after United Finance and Akij Renewable Energy and Automobiles Ltd (ARRA) inked a partnership agreement recently at ARRA’s head office in Dhaka, enabling customers buying electric vehicles from ARRA to finance their purchases through United Finance car loans. The agreement was signed by United Finance’s Chief Business Officer and ARRA’s CEO on behalf of their respective organisations. Photo: ARRA
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Customers buying electric vehicles (EV) from Akij Renewable Energy and Automobiles Ltd (ARRA) will be able to finance their purchases through United Finance car loans under a partnership agreement signed recently at ARRA’s head office in Dhaka.

United Finance Chief Business Officer Mohammad Monir Uddin and ARRA CEO Sayed Joynul Abedin recently signed the agreement on behalf of their respective organisations.

Akij Venture Group Chief Financial Officer Md Moklesur Rahman Akthar and United Finance Head of Car Loan Mohammad Hedayetur Rahman attended the ceremony, along with other senior officials from both organisations, said a press release on Sunday.

Mohammad Monir Uddin said, “Bangladesh is at a critical juncture. We need to be environmentally responsible, and at the same time we need to move towards the technologies of the future. ARRA is bringing modern electric vehicles to customers in Bangladesh, and United Finance is very happy to be part of this journey.”

ARRA offers electric vehicle brands in both passenger and commercial segments. United Finance is a AAA-rated financial institution offering car loans among its products.

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