HNB PLC, signed on as the official leasing partner to the Ceylon Motor Traders Association (CMTA), the representative body of the Sri Lanka’s automotive industry. The strategic tie-up between the two organizations will offer CMTA members access to a wide range of leasing facilities provided by the bank. . HNB DGM Retail & SME Banking Sanjay Wijemanne and CMTA Chairman Charaka Perera were present to commemorate the new partnership.
“To overcome the current economic situation, we have initiated several new activities to develop the automotive industry. This is one such initiative, and although we currently face challenging times, partnerships of this nature would provide comprehensive leasing solutions for members and, by extension, their customers,” HNB DGM Retail & SME Banking Sanjay Wijemanne said.
“Transport is a capital good that often impacts the efficiency of a manufactured product. Greater transport efficiency will have a wider impact on enhancing the efficiency of the economy. Moreover, given the present situation in the country, amidst the import ban, collaborations like this are a vital intervention to support and solve disruptions in the industry,” CMTA Chairman Charaka Perera said.