CIMB launches CIMB Auto Dealer App for vehicle financing

From left: Carsome Certified Malaysia country general manager Alan Cheah, Carsome Certified CEO Mei Han, CIMB head of consumer banking Malaysia Daniel Cheong and CIMB head of automotive financial services, retail & enterprise distribution Malaysia Chia Hoe Kit.

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have launched the CIMB Auto Dealer App, a mobile application that enables automotive (auto) loan/financing approval within one minute upon full submission of required documents.

In a statement, the bank said the App is the first auto financing platform of its kind in Malaysia, empowering car dealers by enabling fast, secure and seamless digital application submissions and processing for auto financing.