Absa and Renault have joined forces in a strategic alliance aimed at driving market-leading growth for both businesses. The collaboration introduces Renault Financial Services, an Absa finance product designed to offer comprehensive financial solutions to Renault customers across South Africa.
This alliance grants Renault dealers unprecedented access to Absa’s robust portfolio of financial services, streamlining operations and enhancing the customer experience. According to Charl Potgieter, Managing Executive of Absa Vehicle Finance, this partnership not only provides financial solutions but also creates an ecosystem supporting growth and development in the automotive industry.
Key benefits of the partnership include bespoke and flexible finance solutions tailored for Renault customers, leveraging Absa’s extensive sales network to accelerate growth. The alliance marks Absa’s commitment to being a primary partner in the automotive sector, ensuring customers’ mobility needs are seamlessly addressed.
Shumani Tshifularo, CEO of Renault South Africa, highlighted the strategic importance of Renault Financial Services in enhancing the Renault Value Added Services, driving vehicle sales, and exceeding customer expectations.
Meanwhile, Absa continues its expansion across Africa, supporting partners to explore new opportunities on the continent. The digitally powered approach ensures market-leading turnaround times on financial deals for Renault Financial Services’ customers.
In Uganda, Absa Bank encourages customers to explore convenient financing options with Absa credit cards, offering up to 50 interest-free days. The campaign, “Everybody Deserves a Bestie Kabisa,” demonstrates how credit cards can be used for digital payments and offers additional benefits like Purchase Protection and reward miles.
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