Bank of Ireland Finance named BYD finance partner


Bank of Ireland Finance has been announced as the exclusive finance partner of BYD (Build Your Dreams) – the world’s leading electric vehicle brand.

BYD’s electric vehicles, established in China in 1995 and recording global sales of almost one million purely electric cars in 2022, will be exclusively distributed in Ireland by Motor Distributors Limited (MDL) through its MSL dealerships in Dublin and Cork.

Bank of Ireland Finance’s partnership with this innovative car brand will initially see the BYD ATTO 3 on sale in MSL garages, while the BYD Dolphin will also be available for purchase in the coming months.

BYD cars bring high tech, sustainable mobility solutions (and blade battery technology) to Irish customers, with sales figures in Ireland from the first quarter of 2023 revealing that new fully electric or plug-in hybrid electric vehicle sales by-passed diesel car sales for the very first time.

Pictured from left to right at the MSL dealership on the Navan Road in Dublin are Paddy Finnegan, CEO of MDL; Bernard Byrne, brand manager at BYD; Ciaran Allen, sales manager at MDL; and Derek McDermott, managing director, Bank of Ireland Finance

Speaking at the formal launch of the BYD partnership in the MSL dealership on the Navan Road, Derek McDermott, managing director at Bank of Ireland Finance said: “This is a very exciting development for Bank of Ireland Finance, and we look forward to working with BYD and enhancing our existing partnership with MDL in ensuring that the BYD brand becomes quickly recognised here as a leader in the EV field.

“Bank of Ireland Finance has a range of finance options available to customers looking to purchase a BYD vehicle and will continue to work in supporting our customers in making the green transition.”