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Sunday | August 30, 2026 | Dhaka

Bank Asia signs MoU with DHS Motors

 Business Desk
 Published: 12:01 AM, 30 August 2026
Md. Zahed Chowdhury, Executive Vice President and Head of Asset, Retail Banking Division of Bank Asia PLC, and Mohammod Hamdur Rahaman Simon, Executive Director of DHS Motors Limited, exchange the signing documents on behalf of their respective organisations at DHS Motors Premises at Tejgaon Industrial Area, in the city recently.

Bank Asia PLC has signed a strategic Memorandum of Understanding (MoU) with DHS Motors Limited to offer convenient and attractive auto loan facilities to prospective buyers.

Under the partnership, customers of DHS Motors Limited will be able to avail Bank Asia’s auto loan facilities at competitive interest rates.

The partnership will also include joint marketing initiatives, customer engagement programs and promotional activities.

The MoU was signed recently at DHS Motors Premises at Tejgaon Industrial Area, in the city.

Md. Zahed Chowdhury, Executive Vice President and Head of Asset, Retail Banking Division of Bank Asia PLC, and Mohammod Hamdur Rahaman Simon, Executive Director of DHS Motors Limited, signed the agreement on behalf of their respective organizations.

The partnership is expected to simplify access to auto financing and help fulfil the aspirations of individuals and families seeking quality vehicle solutions.

Furthermore, Bank Asia PLC and DHS Motors Limited aim to strengthen their institutional relationship while contributing to the growth of Bangladesh’s automobile and financial services sectors.