HNB partners John Keells CG Auto to accelerate Sri Lanka’s EV adoption with innovative leasing solutions

Wednesday, 16 October 2024 00:00 - - {{hitsCtrl.values.hits}}

HNB COO Sanjay Wijemanne (fourth from left) and John Keells Group President – Retail Sector Charitha Subasinghe exchanging the MoU in the presence of (from left): JKCG Auto Director Yohann De Zoysa, General Manager – Automotive Charith Pandithage, HNB Head of Retail Banking Kanchana Karunagama, Head of Leasing Udara Pathinayake and Leasing – Product Manager Mahesh Ratnayake

HNB PLC, a leading private sector bank in Sri Lanka, has strategically partnered with John Keells CG Auto Ltd. (JKCG Auto), to offer innovative leasing solutions for their BYD vehicle range.

This collaboration aims to make sustainable transportation more accessible to Sri Lankan consumers, reflecting both companies’ commitment to environmental responsibility and innovation.

Geared towards making sustainable and cost-effective mobility solutions available for Sri Lanka’s population, the MoU commemorating this landmark partnership was signed at the BYD Showroom by JKCG Auto in the presence of HNB Chief Operating Officer Sanjay Wijemanne, John Keells Group President – Retail Sector Charitha Subasinghe and senior officials from both companies.

“Our partnership with JKCG Auto exemplifies HNB’s commitment to fostering sustainable financial growth – through improving access to eco-friendly vehicles. This collaboration showcases how the financial and automobile sectors can work together to enhance economic resilience and environmental sustainability, especially crucial during the nation’s next phase of economic recovery. Through offering practical and accessible solutions for environmentally friendly vehicles, HNB and JKCG Auto are creating a model that balances business appeal with broader social and environmental goals, investing in a sustainable future for Sri Lanka,” said HNB Chief Operating Officer Sanjay Wijemanne.

The partnership offers a comprehensive rental package designed to meet the evolving needs of environmentally conscious consumers. At the heart of this offer are competitive interest rates, which provide financial flexibility during the promotional period, geared towards offering more sustainable transport options to prospective car-owners.

HNB will provide a range of attractive financing options to meet the diverse needs of its extensive customer base, including attractive published rates for structured leases and enhancing affordability for potential lessees. Customers will also have access to exclusive card offers and special discounts on automobile products, servicing, spare parts, tyres, batteries, and more through the Prestige Prime credit card provided to customers making use of the promotion. Furthermore, HNB General Insurance offers a free life insurance cover valued at Rs. 4.5 million and a natural death insurance cover of Rs. 600,000.

“Our partnership with HNB is an additional leap forward to ensure new energy vehicles are readily accessible to the consumers of Sri Lanka. At John Keells CG Auto, we are committed to our core purpose “Providing innovative and sustainable mobility solutions for a better future”. Together with our partners, we will lead the change in e-mobility adoption through infrastructure development and comprehensive solutions for a sustainable future,” said John Keells Group – Retail Sector President Charitha Subasinghe.