Dhaka: Ace Autos, the authorised distributer of Haval SUVs in Bangladesh, has signed a memorandum of understanding (MoU) with BRAC Bank, to provide exclusive privileges and discounts to the bank’s Premium Banking customers in purchase of HAVAL SUVs.

Md Mahiul Islam, Head of Retail Banking, BRAC Bank; and Azharul Islam, CEO, Ace Autos; signed the MoU on behalf of their respective organisations at the bank’s head office in Dhaka on April 27.

Under the agreement, the high value customers will enjoy warranty for three years or 100,000 kilometers distance and complimentary Emergency Mobile Service (EMS) in purchase of Haval SUV.

BRAC Bank will also provide 0.5 per cent less in interest rate and waiver on processing fees up to 0.50 per cent of the loan amount or maximum of BDT 15,000 to its Premium Banking customers.