Nations Trust Bank launches ‘Nations Hybrid Bonanza’

Thursday, 5 June 2014 00:02 - - {{hitsCtrl.values.hits}}

Nations Trust Bank has launched a promotion for hybrid vehicles titled ‘Nations Hybrid Bonanza,’ offering a range of benefits. Customers could avail themselves of a special lease rental, free registration, a tank of fuel worth Rs. 5,000 and discounts on insurance up to 70% for all Toyota Prius and Aqua and the Honda Fit and Vezel that are purchased from more than 35 vehicle dealers who are partners of this promotion. Chief Manager Leasing Sheahan Daniel said: “Hybrid vehicles are going to be the vehicle of choice for most consumers in the future, based on their lower operational cost as well as the lower cost of ownership compared to conventionally powered vehicles. This paradigm shift has already begun and is evident in the statistics as well. For example, in 2012 on average there were around 200 hybrids registered a month, while in 2014 this has increased to around 850.

“The benefits of using hybrid vehicles are more far reaching than merely economic. A major contributor to green house gas emissions is transport sector. Congestion and traffic in the city just exasperates the matter. Being around 70% more efficient that conventionally powered vehicles hybrids is the solution to this. We want to be a catalyst of this change, an idea that we pioneered by launching the Green Lease way back as in 2011 as our environmental stewardship initiative. Through this promotion we have made it more enticing for customers to go in for a hybrid vehicle by not only offering a very special rental on the lease, but also augmenting customer value by adding on free registration, free fuel and very attractive discounts on insurance.” Elaborating further, Daniel added: “We are extremely delighted at the support that was forthcoming to us by the vehicle dealers as well as from Union Assurance PLC and are confident that this will be well received in the market. We are an organisation that constantly pushes the envelope in product and customer experience innovation, and there would be many more refreshingly new initiatives in the future.” This promotion which will commence on 1 June will continue up to the end of August 2014. There are more than 35 dealers who are part of this promotion who are located in areas such as Kohuwala, Kurunegala, Katugastota, Matara, Kiribathgoda, Kelaniya, Negombo, Wennapuwa and Welimada covering all the major vehicle sale hubs. Nations Trust Bank PLC is one of the fastest growing banks in Sri Lanka today. Its market positioning of being the benchmark of customer convenience is ably supported by a host of financial products and services offered to a wide range of customers. The bank now operates 77 branches, an ATM network of 108 locations and is the Sole Acquirer and Issuer for American Express Cards in Sri Lanka.