Trust Bank, ACI Motors sign deal on 0% EMI benefits

Trust Bank PLC has signed a memorandum of understanding (MoU) with ACI Motors Limited, an automotive concern and a subsidiary of Advanced Chemical Industries (ACI) PLC.

Md Mahboob Hossain, head of business division at Trust Bank PLC, and Sabrina Rahman, corporate treasury manager of ACI PLC, executed the signing of the MoU in the capital recently, according to a press release.

Under the agreement, Trust Bank credit cardholders will be entitled to avail an EMI facility of up to 24 months at zero percent (0%) interest when purchasing Yamaha motorcycles from ACI Motors showrooms across the country.

Subrata Ranjan Das, deputy managing director of ACI Motors Limited, and Md Mostafa Musharrof, head of cards division of Trust Bank PLC, together with other senior officials from both organisations, were also present.