HNB PLC has announced a collaborative agreement with Singer Sri Lanka PLC aimed at enhancing the availability of John Deere tractors throughout Sri Lanka.
This collaborative initiative by HNB Leasing is designed to boost agricultural productivity by offering accessible leasing options and a range of value-added services for John Deere tractors distributed by Singer, thereby fostering sustainable development.
Kanchana Karunagama, Senior Vice President and Head of Retail Banking at HNB, remarked, “Our focus at HNB remains steadfast on driving growth within Sri Lanka’s agricultural sector through innovative and responsible financial solutions. This partnership exemplifies our dedication to empowering the agricultural community by providing accessible leasing options for tractors that facilitate progress and resilience. It effectively merges traditional farming practices with modern technology to promote sustainable growth, increased efficiency, and significant development for farmers and agricultural entrepreneurs.”
Under this partnership, HNB will offer leasing solutions at a preferential rate with structured payments specifically for customers acquiring John Deere tractors. Additionally, beneficiaries will enjoy a value-added credit card with the first year’s annual fee waived. Other perks include discounted vehicle insurance rates through HNB General Insurance and eligibility for the Govi Saviya product.
Mahesh Wijewardene, Group Managing Director of Singer Sri Lanka, expressed gratitude towards HNB for this strategic collaboration, stating, “We appreciate HNB’s partnership, which merges financial resources with industry knowledge to facilitate the advancement of agriculture in Sri Lanka. By ensuring reliable access to John Deere equipment along with comprehensive service, we aspire to equip farmers and agricultural entrepreneurs with tools that elevate productivity.”
Together, HNB and Singer Sri Lanka are combining financial resources with trusted agricultural solutions to empower farmers and promote growth within Sri Lanka’s agricultural landscape.
Image 1 – The official launch of the partnership was marked by HNB Senior Vice President/Head of Retail Banking Kanchana Karunagama, Chief Operating Officer Sanjay Wijemanne, and Mahesh Wijewardene, Group Managing Director of Singer Sri Lanka Plc, alongside senior representatives from both organizations.
Financial Chronicle Biz English | Sri Lanka Business News.
