Dhivehi Insurance Company Private Limited has launched a new product called Dhivehi Trade Credit Bond.
The product was launched in the Gold 100 Gala organised by Corporate Maldives. Providing information about the product, Head of Marketing at Dhivehi Insurance Shaayan Shahid said Dhivehi Trade Credit Bond will ease the work suppliers and contractors as once the partnership agreement is signed with Dhivehi Insurance, suppliers will be provided with funds to lease products to customers on credit.
Shaayan said Dhivehi Insurance has provided various credit schemes for small and medium enterprises including bid security, advanced payment guarantees, retention bonds, performance guarantees. She highlighted the first supplier to join the partnership is Sony Hardware and contractors or customers can now buy products from Sony Hardware on credit.
Dhivehi Insurance is working to partner with many suppliers to provide goods on credit.