AMW signs MOU with Central Bank of India

MUMBAI: Asia Motor Works (AMW), manufacturers of heavy commercial vehicles, signed a Memorandum of Understanding (MoU) with Central Bank of India, one of the leading banks in the country, wherein Central Bank of India will extend finance to AMW’s vehicle customers. AMW’s long relationship with Central Bank of India gets further strengthened through this initiative which seeks to leverage Central Bank of India’s extensive branch network to cater to the financial requirements of AMW’s retail/SRTO customers.
 
“Through this tie-up we believe that we can provide a significant advantage to all our customers”, reiterated A. Ramasubramanian, President, Commercial vehicles, AMW
 
It is to be mentioned that Central Bank of India, one of the largest banks in the country, is aggressive in the field of SME, Housing and Education Loan etc. The Bank has already entered into MOU with various corporates and educational institutions.
 
AMW recognises the financial strength, vast network and commitment to the cause of SRTOs on the part of Central Bank of India and accordingly have entered into MOU with Central Bank of India.