AB Bank Limited and Hyundai Motors Bangladesh Limited signed a Memorandum of Understanding (MOU) where AB Bank will facilitate Auto Loan to the customers to buy any vehicle from Hyundai Motors Bangladesh Limited (HMBL).  Mr. Shamim Ahmed Chaudhury, President and Managing Director of AB Bank Limited and Mr. Shareq Fahim Haque, Managing Director of Hyundai Motors Bangladesh Limited signed the MOU on behalf of the respective sides. Among others Mr. Imran Khan, General Manager, Marketing & Customer Care, Mr. Md. Nazimul Haque, Assistant Director, Sales, Mr. M. Headayatul Islam, Assistant Director, Finance, Mohammad Didarul Alam, Assistant Director, Accounts of Hyundai Motors Bangladesh Limited along with Mr. Quazi Waseem Ahmed, SEVP, Head of Corporate Finance Division & Structured Finance Division, Mr. Syed Mizanur Rahman, SVP, Head of Retail Banking Division of AB Bank Limited were present on the Signing Ceremony.

Under the MOU, AB Bank will offer special interest rate.

HMBL will offer 6 free after sales service to all the customers those who will purchase vehicle from HMBL under this facility. HBML will also bear car registration fees for all new car finance applications through AB Bank Ltd.