YES Bank has signed an MoU with Kia Motors for a strategic financing partnership, under which the private-sector lender will be the automaker’s preferred financier.
“The benefits of this partnership will be extended to the entire auto value chain – auto dealers and customers – and will cover multiple car models offered by Kia Motors India,” YES Bank said, adding that the bank will offer financing and banking solutions to both Kia car dealers and also to end consumers.