HNB Grameen introduces leasing

HNB Grameen, which pioneered micro finance in Sri Lanka, has augmented its product portfolio with the introduction of leasing facilities. 

The finance company has entered this market with the dual objective of serving the micro leasing requirements of its existing customers and attracting new customers who are on the lookout for standard leasing options. This marks a strategic initiative to penetrate into its target market, which had hitherto catered exclusively to the micro finance segment. 

HNB Grameen Managing Director/CEO Chaminda Prabhath commenting about the future plans for leasing said: “The introduction of leasing facilities is yet another big  step in our journey towards becoming a fully fledged finance company, which caters to the financial needs of all Sri Lankans. We will also offer leases to our Fixed Deposit customers who require leasing to develop their SME businesses. For the convenience of our customers around Sri Lanka, these facilities will be made available at all our branches island-wide over the next few months.” 

HNB Grameen Deputy General Manager SME and Leasing R.M.P. Dayawansa commenting on features of the leasing product stated as follows: “Our leasing facilities will cover personal and commercial vehicles, motorcycles, three wheelers, machinery and factory equipment. These facilities are supplemented by flexible payment options, attractive monthly rentals and competitive interest rates. We would aspire to maintain the highest standards in customer care, which includes automated processing, speedy delivery and doorstep service.”