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BMW ties up with DBS for financing

BMW ties up with DBS for financing

Snapshot: BMW has tied up with DBS Bank to offer financing on all their product lines including MINI and Rolls-Royce at attractive rates

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BMW Financial Services recently signed a strategic partnership with DBS Bank. This collaboration will enable BMW Group customers who wish to purchase any BMW, MINI and Rolls-Royce vehicles to enjoy the wide range of financing facilities offered by DBS.

The partnership, which rides on an existing cooperation between the BMW Group and DBS within the Asia region, is set to be strengthened further. Mike Wetherell, Managing Director of BMW Financial Services said: "The decision to partner with DBS comes as part of a strategic decision to enhance customer experience. Through DBS’ extensive infrastructure and facilities island-wide, our customers will be granted with greater convenience than ever.”

“DBS is delighted to be in this partnership with BMW Financial Services. Our expertise will put us in a good position to provide seamless financing services to the owners of BMW, MINI and Rolls-Royce vehicles, both new and pre-owned,” said Jeremy Soo, Managing Director and Head of Consumer Banking Group, DBS Bank Singapore.

The partnership will take effect from 4 September 2014.

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