MBSL introduces special leasing package for Lanka Ashok Leyland ‘DOST’ trucks

Monday, 8 February 2021 00:00 - - {{hitsCtrl.values.hits}}

Merchant Bank of Sri Lanka and Finance PLC joins hands with Lanka Ashok Leyland PLC to offer a special leasing package for ‘DOST’ Trucks.

This partnership is focused to provide assistance for small and medium-scale entrepreneurs who had experienced setbacks in their businesses due to COVID-19 pandemic. The special leasing package will be provided to purchase Lanka Ashok Leyland ‘DOST’ Trucks enhanced with Euro IV technology.

The potential customers will receive special benefits through this leasing facility from MBSL such as free vehicle registration, insurance and lowest monthly instalment amounts proportionate to their income. Leasing services will be provided with a minimum amount of paperwork within one day.

Sharing his ideas on the MBSL – Lanka Ashok Leyland partnership, MBSL Acting CEO Jude Gamalath stated: “There has been a considerable collapse in the SME owing to the COVID-19 pandemic. So, it is imperative that small and medium scale enterprises which substantially assist the country’s economy to be reinforced in order to strengthen the national economy.

“However, with the Government strategy to rebuild businesses MBSL; as a responsible financial institution dedicated to assist the development of national economy took the initiative to build the partnership with Lanka Ashok Leyland by launching this leasing facility.”