KUALA LUMPUR, Malaysia, Aug 9 (Bernama) — UOB Malaysia today announced a strategic partnership with PETRONAS Dagangan Berhad and its subsidiary, PETRONAS Lubricants Marketing (Malaysia) Sdn Bhd. Through the UOB Dealer and Distributor Financing Programme, the collaboration aims to power the supply chain ecosystem for dealers and distributors under PETRONAS Dagangan and PETRONAS Lubricants Marketing (Malaysia) by providing end-to-end financing to more than 1,000 local retailers.
The Programme is designed to provide access to greater funding for dealers and distributors within the ecosystem. It offers working capital and capital expenditure financing, as well as bank guarantees and cash management solutions to expand their dealership and retail outlet operations nationwide.
