HNB signs MOU with Micro Cars to offer exclusive leasing packages

Sri Lanka’s premier financial solutions provider HNB PLC, signed a Memorandum of Understanding (MOU) with Micro Cars Limited to offer exclusive leasing packages with lowest interest rates for customers who intend to buy Micro Panda, BAIC Vehicles, Ssangyong MG SUVS.

HNB Head of PFS, Kanchana Karunagama, and Micro Cars Ltd, Director – Marketing, Ruvindhu Gunaratne. signed the MOU on behalf of both organizations.

Addressing the gathering, HNB Senior Manager – Leasing, Nalin Dissanyake said: “This partnership with Micro Cars will enable us to provide numerous benefits to our customers. As of late, we have seen a steady rise in the number of customers who wish to buy Micro products and hereafter we can offer them tailored leasing packages in addition to other benefits.”

HNB customers will be granted special price discounts for Micro Panda AMT, BAIC X25, D20, Ssangyong Tivoli & MG ZS respectively.

Speaking at the event, Gunaratne said:“we are pleased that we could offer affordable leasing solutions along with a host of other benefits as a result of this partnership. Essentially, our agreement with HNB allows us to make the Micro product portfolio more attractive to customers.”

Since making its first appearance on the prestigious Banker Magazine’s list of Top 1,000 banks, HNB has today soared the top of the list among Sri Lankan banks in addition to being recognized as Bank of the Year 2018 and being awarded Best Retail Bank in Sri Lanka for the 10th time at the Asian Banker Awards.

HNB also stands as the first local Bank in Sri Lanka to receive an international rating on par with the sovereign from Moody’s Investor Services while maintaining a national long term rating of AA - (lka) from Fitch Ratings Lanka Ltd.

Micro Cars Limited inaugurated in 1995 as truly a home-grown automobile manufacturer. It has grown from strength to strength over the last two decades. Today it has become one ofthe significant players in the Sri Lankan automobile industry. Having diversified into a group of companies with Transmec International, Micro Construction, Fujitec Lanka, Superlative Properties and Euro Sports Auto, provided more than one thousand employment opportunities. Micro Cars operate from 11 branches & 48 after sales service centres island-wide.

From left: Udesh Bambarenda - Product Manager – Geely& BAIC, Micro Cars, Prasad Malalasekara- Head of Sales – MGK, Micro Cars, Clifford William – Chief Financial Officer, Micro Cars Ruvindhu Gunarathne – Director Marketing, Micro Cars, Kanchana Karunagama, Head of Personal Financial Services, HNB, Nalin Dissanayake, Seniormanager, Leasing, HNB, Roshan De Silva-assistant Manager-leasing. HNB and Mahesh Ratnayake-executive-business Development (HNB Leasing)