HNB PLC, the foremost private bank in Sri Lanka, has recently formed a strategic alliance with DIMO to offer specialized financial solutions for heavy machinery.
This collaboration will enable businesses and contractors to access customized leasing options for renowned machinery brands that DIMO represents. The initiative features equipment from globally acknowledged manufacturers, such as BOMAG rollers, Kaeser compressors, Everdigm breakers, Gehl skid steer loaders, Car Mix self-loading concrete mixers, and a wide range of Komatsu construction and earth-moving machinery. These advanced technologies are essential for construction, infrastructure improvement, manufacturing, and industrial activities throughout the country.
Kanchana Karunagama, Senior Vice President and Head of Retail Banking at HNB, emphasized, “Our role as a banking institution extends beyond mere financing. Each machine lease arising from this collaboration symbolizes enhanced livelihoods, business advancement, and community opportunities. When contractors, operators, and developing enterprises can access dependable machinery backed by supportive financing, they gain the confidence to innovate, create jobs, and contribute to Sri Lanka’s development. Partnering with DIMO enables us to make these opportunities accessible to people nationwide while bolstering the industries that will shape the country’s future.”
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The partnership merges DIMO’s engineering proficiency with HNB’s robust retail banking and leasing expertise, creating a financing structure aimed at making advanced machinery available to businesses of all sizes. Under this initiative, HNB will provide attractive leasing rates and offer customers a credit card with the annual fee waived for the first year. Additionally, HNB General Insurance will provide reduced insurance premiums for machinery, ensuring that customers can protect their investments more conveniently.
Gahanath Pandithage, Group Managing Director and CEO of DIMO, remarked, “Every machine delivered to a site is backed by an individual filled with ambition, determination, and a sense of duty to their family and community. At DIMO, we view machinery as a key driver of progress that empowers businesses to build, produce, and advance industries, realizing the dreams and aspirations of the communities we serve through valuable partnerships. Our collaboration with HNB allows customers to access top-tier equipment with the financial backing necessary for confident investment. When businesses are equipped with the right machinery and support, it enhances livelihoods, stimulates enterprise growth, and significantly contributes to the advancement of industries throughout Sri Lanka.”
Image Caption: HNB and DIMO are establishing a robust model for industry collaboration by offering a comprehensive machinery acquisition solution that integrates trusted brands, financial accessibility, and operational support for businesses across Sri Lanka.
