Amana Bank and Hayleys Agriculture team up for agri-machinery financing

Friday, 14 July 2023 00:13 - - {{hitsCtrl.values.hits}}

Amana Bank COO Imtiaz Iqbal hands over the MoU to Hayleys Agriculture Managing Director Jayanthi Dharmasena in the presence of team members

Amana Bank in partnership with Hayleys Agriculture Holdings Ltd., a renowned leader in agricultural innovation and sustainability, has introduced exclusive agri-machinery financing solutions to meet the diverse needs of farmers and rice-millers in Sri Lanka.

This collaboration is part of the Bank’s ongoing commitment to empowering SMEs and supporting the agro-economy of the country with the necessary tools they need to thrive in the agricultural sector.

With a deep understanding of the unique requirements of the agricultural sector of the country, Amana Bank has leveraged its expertise to deliver customised financing options. Recognising the financial challenges faced by farmers when it comes to acquiring agricultural equipment, the Bank aims to facilitate and enhance their operations effectively through tailored and flexible financing plans.

With this partnership customers can avail competitive financing for a range of Hayleys Agricultural premium machinery, including Paddy Combine Harvesters, Tractors, Dryers, Milling Machine and Colour Sorters enabling customers to not only purchase the necessary equipment required for their agricultural operations, but also ensuring that they can do so without straining their finances to acquire high quality products backed by a reputed brand names such as Kubota, Agrotech, Shizuoka and Kawashima cost effectively with the reliable Hayleys Agriculture after sales services.

Commenting on their partnership with Hayleys Agriculture , Amana Bank’s Chief Operating Officer Imtiaz Iqbal stated, “We are delighted to join forces with Hayleys Agriculture to offer exclusive financing for agricultural machinery. By providing flexible financial solutions along with our people-friendly banking model, we aim to empower SMEs in the agricultural industry to invest in modern machinery and technologies, enabling them to optimise their operations and achieve sustainable growth.”

Further adding to this Hayleys Agriculture’s Managing Director Jayanthi Dharmasena said, “By combining our agricultural expertise with Amana Bank’s people-friendly financing solutions, we are committed to equipping farmers with the resources they need to drive productivity and innovation. Together, we strive to cultivate a future where sustainable farming practices and economic growth go hand in hand.”

The strategic partnership between Amana Bank and Hayleys Agriculture represents a significant milestone in agricultural financing, as it drives innovation and enhances productivity within the agricultural sector. Amana Bank’s unwavering dedication to the growth of the industry and the sustainable development of agriculture as a whole is at the forefront of this initiative.

Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah-based IsDB Group being the principal shareholder having a 29.97% shareholding of the Bank.