GB Auto To Provide Bajaj Financing

Egypt's largest carmaker, GB Auto, is looking to boost its sales by offering financing on vehicles from India's Bajaj Auto. GB Auto said that a new subsidiary will be set up, which will provide credit for purchases of Bajaj motorcycles and three-wheelers to customers unable to secure financing from mainstream sources. CEO Raouf Ghabbour referred to the project as addressing 'a gap in available credit that is restricting

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