Denza Malaysia Partners With Maybank To Offer Exclusive Financing For Electric Vehicles
Denza Malaysia, the official distributor of the premium electric vehicle brand of BYD, has signed a strategic Memorandum of Understanding (MOU) with Malayan Banking Berhad (Maybank) to make EV ownership more accessible for Malaysians.
The partnership appoints Maybank as a preferred financier for Denza vehicles, introducing a suite of attractive financing solutions tailored to support the shift towards sustainable mobility. Among the highlights is the Accelerated Repayment Package, offering interest rates as low as 1.75%*, along with a fast-tracked application approval process designed to provide customers with a seamless and efficient financing experience.
“We are excited to partner with Maybank as an appointed panel bank to provide Denza customers with exclusive, affordable financing options. With Maybank’s competitive financing solutions and streamlined approval process, this partnership makes it easier than ever for Malaysians to make the switch to sustainable electric vehicles,” said Eagle Zhao, Managing Director of BYD Malaysia, who signed the MOU together with
Zolkefli Bin Awang, Head of Consumer Finance, Maybank Community Financial Services.
Through this collaboration, both parties aim to accelerate electric vehicle adoption in Malaysia by offering financial accessibility and promoting the environmental benefits of EVs. Maybank’s participation also aligns with its broader goal of becoming a sustainability leader across ASEAN, further enhancing its portfolio of green financial solutions.
“We are delighted to be a preferred financier for Denza electric vehicles (EV) in Malaysia, curating innovative solutions that go beyond competitive rates. This collaboration reflects Maybank’s unwavering commitment to advancing sustainable mobility – including, among others, by reducing emissions from passenger vehicle financing and accelerating EV adoption – and reinforces our broader ambition to become the sustainability leader across ASEAN,” said Syed Ahmad Taufik Albar, Group CEO, Community Financial Services, Maybank.
In addition to financing options, the partnership will include collaborative campaigns and events to increase public awareness of Denza’s offerings and their role in contributing to a greener future for Malaysia.
* All terms and conditions are subject to credit guidelines of Maybank.
