Eastern Bank PLC has launched a Two-Wheeler Loan Facility for New Grameen Motors Customers.
Eastern Bank PLC and New Grameen Motors Limited have signed an agreement recently in Gulshan. According to this agreement, the EBP will offer a new two-wheeler loan to customers who will purchase a brand-new bike from the New Grameen Motors Limited.
Khorshed Anowar, DMD, Head of the Retail and SME Banking of ELB, and Mr. Mazba Uddin Mamun, Managing Director of the New Grameen Motors Limited, signed the agreement on behalf of their respective organizations during that time. Other officials of these two companies were also present at the event.
By making the agreement, the customers will get ownership easily by offering convenient loan facilities through the Eastern Bank. It’s a great initiative for customers; now they can get financial support when purchasing motorcycles from the New Grameen Motors Ltd.
New Grameen Motors Ltd. (NGML), also known as H Power which is a renowned motorcycle and three-wheeler company in Bangladesh. It started in 1995. It imports bikes, scooters, and three wheelers mainly from Korea and China. Factory of this company is located in Mawna, Gazipur, which can produce 50,000 motorbikes yearly, including well known brands such as H Power, CFMOTO, and Hyosung.
NGML has over a million happy customers and produces eco and user-friendly vehicles. It has a wide range of 3S dealer points across the country.
Eastern Bank PLC offers a wide range of services such as savings accounts, loans, debit and credit cards, digital banking, etc. Eastern Bank PLC aims to become the most reliable and valuable brand in the country’s banking sector. Its mission is to provide excellent service, increase value, and build a skilled team. Honesty, trust, commitment, openness, and being a responsible part of society are core values of the EBP.
New Grameen Motors are currently much more focusing on CFMOTO Bangladesh which is just another concern of this company. CFMOTO motorcycles demand are also increasing rapidly in Bangladesh. This two wheeler loan may support a lot of customers to buy his desired motorcycle easily.
