Press Release
18 October, 2026, 04:05 pm
Last modified: 18 October, 2026, 04:06 pm
United Finance PLC has partnered with Akij Renewable Energy and Automobiles Ltd (ARRA) to offer car loans to customers purchasing ARRA's electric vehicles.
The organisations signed an agreement recently at ARRA's head office in Dhaka, according to the press release.
Mohammad Monir Uddin, chief business officer of United Finance, and Sayed Joynul Abedin, CEO of ARRA, signed the agreement on behalf of their respective organisations.
Md Moklesur Rahman Akthar, chief financial officer of Akij Venture Group, and Mohammad Hedayetur Rahman, head of car loan at United Finance, attended the ceremony alongside other senior officials from both organisations.
Under the partnership, ARRA customers will be able to finance their vehicle purchases through United Finance car loans.
The arrangement aims to make cleaner, modern mobility more accessible to customers across Bangladesh.
Commenting on the partnership, Mohammad Monir Uddin said, "Bangladesh is at a critical juncture. We need to be environmentally responsible, and at the same time we need to move towards the technologies of the future. ARRA is bringing modern electric vehicles to customers in Bangladesh, and United Finance is very happy to be part of this journey. We are committed to offering ARRA customers the best service and value."