Wing Bank Offers Full Financing Loan to JETOUR Cambodia’s Customers

August 23, 2024

Wing Bank enables customers to own JETOUR brand vehicles with up to 100% loan assistance and attractive long-term repayment options.

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

The collaboration was graced by the esteemed 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 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.”

“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.” Bunthe added.

Through this partnership, Wing Bank will expedite loan approvals promptly upon receiving the necessary documentation and successfully completing the bank’s screening procedures. The auto loan terms are highly advantageous, offering financing of up to 100% of the vehicle’s purchase price and a flexible repayment period of up to 84 months.

“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,” remarked Eng Moygach, the Chief Operating Officer of KNN Cambodia.

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

Wing Bank has been at the forefront of providing a diverse range of financial solutions and has swiftly emerged as one of the fastest-growing digital banks in Cambodia. After 16 years of serving Cambodians, Wing Bank is now ranked among the top 10 banks in deposits, 11th in total assets, and 16th in loans.

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. Additionally, KNN Cambodia is involved in real estate development and community mall projects.