Bank Alfalah, Ghandhara Industries sign MoU

Bank Alfalah, Ghandhara Industries sign MoU

In a strategic move aimed at enhancing their market presence, Bank Alfalah Islamic and Ghandhara Industries Limited (GIL) have entered into a Memorandum of Understanding (MoU) to jointly promote the Isuzu D-Max Pickup variants through tailored auto finance solutions.

Ghandhara Industries Limited, a prominent entity listed on the Stock Exchanges and regulated by the Securities and Exchange Commission of Pakistan (SECP), specializes in the manufacturing, assembly, and marketing of Isuzu Pickups, Trucks, and Buses. The company also excels in fabricating a diverse range of superstructures on various chassis.

Muhammad Kuli Khan Khattak, Deputy CEO of Ghandhara Industries, underscored the distinctive attributes of the Isuzu D-Max, emphasizing its advanced safety features such as emergency brake assist, traction control system, electronic stability control, hill start assist, and hill descent control. He described the D-Max as a robust vehicle engineered for optimal performance and durability, suitable for diverse driving conditions.

Expressing enthusiasm over the collaboration, Muhammad Imran, Group Head of Bank Alfalah – Islamic Banking Division, welcomed Ghandhara Industries’ Isuzu D-Max variants into Pakistan’s automotive market. He highlighted that the partnership between the two entities aims to introduce healthy competition and provide customers with attractive financing packages exclusively designed for D-Max variants. These packages will include benefits such as expedited vehicle delivery and complimentary initial services, enhancing customer satisfaction and convenience.

The joint campaign intends to leverage Bank Alfalah Islamic’s extensive network and expertise in Islamic banking alongside Ghandhara Industries’ established market presence and product excellence. This synergy aims to streamline the purchasing process for potential buyers of Isuzu D-Max pickups, offering them competitive financing options tailored to their needs.

The MoU signifies a significant step towards expanding the footprint of Isuzu D-Max pickups in Pakistan, catering to the growing demand for reliable and versatile vehicles in both urban and rural areas. It aligns with broader efforts to stimulate economic activity within the automotive sector and underscores the commitment of both organizations to driving innovation and customer-centric solutions.

As Pakistan’s automotive landscape continues to evolve, partnerships like this one between Bank Alfalah Islamic and Ghandhara Industries are poised to play a pivotal role in shaping industry trends and consumer preferences. The collaboration not only aims to boost sales of Isuzu D-Max pickups but also sets a precedent for future cooperative ventures aimed at enhancing product accessibility and affordability in the Pakistani market.

For more information about the Isuzu D-Max variants and the exclusive financing packages offered through this collaboration, interested parties are encouraged to contact Bank Alfalah Islamic or visit Ghandhara Industries’ authorized dealerships nationwide.