Briefing reporters, Volvo Financial Services President for Asian Region John Rakocy said that the alliance will strengthen the Volvo Group’s ability to provide full service financial solutions to customers in India and also customers of its JV with Eicher Group, namely VE Commercial Vehicles Ltd (VECV).
“The Volvo Group and its distributors will benefit from leveraging Srei’s expertise and financial capabilities in credit underwriting” Rakocy added.
Srei BNP Paribas CEO D K Vyas said, “We have a partnership approach in all our businesses and are happy to join hands with Volvo Financial Services, in their endeavour to provide financing solutions to Volvo Group customers.”
Published 11 May 2011, 11:04 IST