- Latest in kereta dot info Malaysia :
  • PROTON X50 REVIEW JUJUR POV DRIVE 0-100kmh TEST DRIVE : 11 KELEMAHAN MASALAH X50 PERLU TAHU
  • IMPACT ON PROTON CARS SALES DUE TO OPR CUT

    IMPACT ON PROTON CARS SALES DUE TO OPR CUT

    Below we are going to share some news from bernama related to:

    IMPACT ON PROTON CARS SALES DUE TO OPR CUT

    read through this article:

    Bank Negara Malaysia’s 75 basis points cut in the overnight policy rate (OPR) to 2.5 percent, will have a minor impact on the sale of Proton cars, said the Proton Edar Dealers Association Malaysia (PEDA).

    PEDA acting president, Armin Baniaz Pahamin said the interest rate reduction would only benefit the banks, as there was no downward adjustment for Proton car interest rates.

    “Similarly, there is no interest rate adjustment even on facilities subscribed by Proton Edar dealers with most banks during the last revision in November,” he said in a statement Friday.

    According to Armin, the interest rate for Proton cars remained at 3.88 percent for a hire-purchase loan duration of seven years or less and 3.99 percent for eight and nine years.

    “The interest rate reduction is an additional profit to banks, perhaps as a support for the anticipated losses during this recession year, as buyers are still facing difficulty in securing loans for new cars given the high risk profile programmed for Proton customers,” he said.

    He expressed the view that to improve the customer risk profile that is based on historical sales, the non-performing loan (NPL) for the Proton brand name should be in a different category for new car sales by Proton’s authorised dealers.

    “There should be a different classification for new and used Proton car sales by used car dealers. Then, the NPL will be more accurate and customers loan approval can be improved,” he said.

    He highlighted that the government should only allow Proton’s authorised dealers to make submissions for new hire-purchase loans to mitigate unnecessary fraud, criminal breach of trust and NPLs.

    Please follow and like us:

    kdi

    Pecah fiber pecah gelas, sudah baca komenlah se das! Terima kasih! =) Yg benar, Brader K Majalah Kereta Malaysia - kereta info

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    error

    Please spread & share :)