# Our Journey - Parkson Credit The following depicts the key milestones in the history of Parkson Credit Sdn Bhd ## Year 2014 ### Pioneering Consumer Financing with 'Simply Easy'™ IDEAL HP represents Parkson Credit's flagship hire purchase financing product, delivering motorcycle financing solutions through our extensive dealer network across Malaysia. This Shariah-compliant financing product aligns with our commitment to ethical banking practices while meeting market demands for accessible vehicle financing. Key aspects include flexible repayment structures, streamlined documentation requirements, and our complementary Theft Loss Gap Benefit program. ### Attained Shariah Compliant certification for its financing products ## Year 2016 ### Introduced zero-fee JomPay payment channel to customer base ### Attained ISO 9001:2008 Quality Management Systems Certification ### Obtained Moneylending License from KPKT ## Year 2017 ### Launched improved financing products: iDEAL-HP and iDEAL-CS ### Our sponsored racing team took overall 2nd Place Finisher at the Yamaha NVX Challenge ### Attained membership as Corporate Member of the International Chamber of Commerce (ICC Malaysia) ## Year 2018 ### Launched Theft Loss Gap Benefit, a groundbreaking offering in the motorcycle financing industry. This benefit covers the difference between the first-year sum insured and the approved sum of the insurance policy in the event of a theft-related insurance c ### Established the northern region office in Ipoh and the southern region office in Johor Bahru ### Established Credit Sale Companies Association (CSCA) as Founding Member ### Launched iDEAL-CARE – Personal Accident Insurance with Credit Protection Plan underwritten by MPI Generali ## Year 2019 ### Attained membership as Affiliate Member of the Association of Hire Purchase Companies Malaysia (AHPCM) ### Attained ISO 9001:2015 Quality Management Systems Certification ### 5th Year Anniversary Celebration – Driven by Difference ## Year 2020 ### Attained membership of the Malaysia Retail Chain Association (MRCA) ### Obtained RM150 million through HSBC Malaysia’s bespoke receivables purchase facility ### Launched Automated Customer WhatsApp Enquiry Service ### Launched i-Tolong, customer financial distress assistance due to Covid-19 impact ### Introduced Dealer Express Settlement Service and enhanced paperless assessment, part of Parkson Credit’s Business Innovation initiative ### Established New Corporate Office in Lion Office Tower, Kuala Lumpur ## Year 2021 ### Introduced zero-fee DuitNow online payment channel to customer base ### Introduced Automation of e-Hakmilik Registration ### 7th Year Anniversary Celebration – Breakthrough ### Obtained Conditional Approval for Digital Moneylending License from Ministry of Housing and Local Government (KPKT). ## Year 2022 ### Nominated for Best Innovation and Best in Customer Service for the SOBA Award 2021 ### Adopted Digital Office with Google Workspace, marking a new phase in the Company’s digitalization endeavour ### 8th Year Anniversary Celebration – 8 Glorious Years ## Year 2023 ### Obtained Digital Moneylending License from KPKT ### ACOS System Upgrade (generation 3) launched ### 9th Year Anniversary Celebration – Change Innovate Efficient ## Year 2024 ### Obtained RM30 million through MBB Islamic Block Discounting Facility ### Obtained HSBC Asset-backed Islamic Medium Notes Program up to RM1 billion ### Nominated for Best Country Deals and Most Innovative for the Islamic Finance News (IFN) Awards 2024 ## Year 2025 ### Parkson Credit launched the new tagline ‘Beyond Credit’, signifying its evolution from a financing provider to a multi-faceted business enabler ### 10th Year Anniversary Celebration ### Parkson Credit Wins Super Golden Bull Award 2025 & Digital 50 Award ### Parkson Credit Expanded Northern Operation Hub in Ipoh ### Parkson Credit Wins Malaysia's Most Innovative Islamic Deal at The Asset Triple A Awards 2025 ### Parkson Credit Receives World Digital Transformation Leadership Award at Global Chinese Economic and Technology Summit 2025 ## Year 2026 ### Attained ISO/IEC 27001:2022 Certification ### 11th Year Anniversary Celebration ### Parkson Credit Mobile App launched