BMW Group Segment Financial Services and Vietnam International Bank sign a strategic partnership agreement

(From left: Mr. Phuong Tien Minh, Deputy Head of Retail Banking, Vietnam International Bank; Mr. Godfrey Swain, Head of Retail Banking, Vietnam International Bank; Mr. Balazs Janossy, Regional Sales Manager of BMW Group Segment Financial Services, Asia Pacific Region and Mr. Nguyen Dang Thao, CEO, Euro Auto Corporation)

Ho Chi Minh City. BMW Group Segment Financial Services today signed a strategic partnership with Vietnam International Bank (VIB). This is the first partnership of its kind and the collaboration will enable BMW Group customers who wish to purchase any BMW, MINI and BMW Motorrad vehicles to enjoy the wide range of financing products and services offered by VIB.  The services include preferential interest rates, competitive fees, diverse life insurance products, and especially fast approval of auto loan within 24 hours from complete submission of application documents. In addition, VIB dedicates a specialized team to serve BMW and MINI customers in line with the brands’ international standards, including a separate customer service hotline, senior support specialists and a separate evaluation process among other enhancements.

Mr. Balazs Janossy, Regional Sales Manager of BMW Group Segment Financial Services in the Asia Pacific Region said: “Our decision to partner with Vietnam International Bank is part of a strategic decision to enhance customer experience for customers of BMW Group products throughout the Asia Pacific region. We selected VIB as our Vietnam partner based on VIB’s extensive infrastructure and facilities across Vietnam and its international standards, highly professional approach and good reputation.  When combined with Euro Auto’s professional sales staff, our customers will enjoy greater convenience and experience.”

Mr. Godfrey Swain, Head of Retail Banking of Vietnam International Bank said: “VIB is delighted to be in this partnership with the BMW and MINI Dealers in Vietnam and BMW Group Segment Financial Services. Our expertise, experience and reputation will put us in a good position to provide seamless financing services to the customers of BMW, MINI and BMW Motorrad vehicles, both new and pre-owned.  VIB will also assist BMW customers in proactively making a sound financial decision to completely enjoy the experience of buying BMW Group vehicles”.

“The partnership between BMW Group Segment Financial Services, Vietnam International Bank and Euro Auto aims to provide potential and existing BMW and MINI owners a great experience and special benefits. We are certain that preferential interest rates, along with a dedicated team and superior customer service will make the purchasing of a BMW, MINI or BMW Motorrad vehicle a unique experience,” said Mr. Nguyen Dang Thao, Chief Executive Officer of Euro Auto, authorized importer of BMW, MINI and BMW Motorrad vehicles in Vietnam.