Wing Bank Offers Full Financing Loan to KNN Cambodia's JETOUR Customers

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Wing Bank Offers Full Financing Loan to KNN Cambodia's JETOUR Customers

Wing Bank (Cambodia) Plc and KNN Cambodia Co., Ltd, the parent company of JETOUR Cambodia, have solidified a Memorandum of Understanding, ushering in financial solutions that empower Cambodians to own their JETOUR vehicles through loans facilitated by Wing Bank, covering up to 100% of the purchase price.

The collaboration was signed in the presence of Neak Oknha Kith Meng, Chairman of the Board of Directors of Wing Bank and CEO of the Royal Group of Companies, and Neak Oknha Cheam Khunnath, Chairman of the Board of Directors of KNN Cambodia Co., Ltd., alongside the management teams of both entities and other distinguished guests.

Hor Bunthe, Deputy CEO of Wing Bank, said, “We are delighted to partner with JETOUR Cambodia, providing Cambodians the opportunity to realize their dream of car ownership without the need to use their entire personal cash or make a down payment.”

Bunthe added. “With the financial support from Wing Bank, we empower individuals to turn their aspirations into reality, enabling them to secure their own vehicles for daily convenience and create cherished moments of joy and togetherness during their vocational or holiday trips.” 

  • Through this partnership, Wing Bank will expedite loan approvals upon receiving the necessary documentation and successfully completing the bank's screening procedures. 
  • The auto loan terms offer financing of up to 100% of the vehicle's purchase price and a flexible repayment period of up to 84 months.
Photo Supplied - Wing Bank (Cambodia) Plc and KNN Cambodia Co., Ltd, the parent company of JETOUR Cambodia sign an MoU

Eng Moygach, the Chief Operating Officer of KNN Cambodia. commented, “We firmly believe that vehicles symbolize more than mere transportation in this modern era. What our customers anticipate embodies enhanced convenience, cutting-edge driver assistance technology, advanced safety systems, and the promise of daily excitement. JETOUR encompasses all these essential elements.”

"Through our collaboration with Wing Bank, we are charting a course towards exploring new opportunities. By leveraging the strengths and advantages of both institutions, we aim to provide innovative solutions and financial support to all our customers, ultimately contributing to the economic development of Cambodia," added Eng Moygach.

Customers interested in this offer can visit the JETOUR Cambodia Car Showroom at 239H, National Road 6A, Sangkat Prek Leap, Khan Chroy Changva, Phnom Penh, to learn more about and apply for a car loan from Wing Bank.

Wing Bank has been providing a diverse range of financial solutions and has emerged as one of the fastest-growing digital banks in Cambodia. They have been serving Cambodian customers for 16 years and Wing Bank is ranked among the top 10 banks in deposits, 11th in total assets, and 16th in loans in the Kingdom.

JETOUR Cambodia serves as the exclusive distributor of JETOUR brand luxury cars and operates as a subsidiary of KNN Cambodia, a local company with over 20 years of experience in the exclusive distribution of renowned brands of heavy machinery and vehicles from Korea, Japan, and Europe. 

KNN Cambodia is also involved in real estate development and community mall projects

This press release was supplied.

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