Green Vehicle Finance
BYD Partnership
Absa agreed to provide wholesale dealer finance, customer finance, insurance and related services for BYD's South African network.
Dealer Network
15 Dealerships
The agreement positioned Absa as a financing partner to the BYD dealerships operating in South Africa at the time of signing.
Taxi Finance
Four-Year Ownership
Foton Taxi Finance gave operators a four-year route to ownership of the Asambe minibus taxi.
Monthly Instalment
Below R12,000
The Foton offer was launched with monthly instalments starting below R12,000, subject to the applicable terms.
Financial Education
Included
Every financed taxi included access to a financial education course and related customer benefits.
Sustainable Finance
R100bn Target Met
Potgieter said Absa had reached its R100 billion sustainable-finance target one year ahead of plan.