HNB partners DIMO to offer special leasing facilities for agricultural machinery

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(L-R): DIMO Retail, Assistant Manager - Business Support, Ruwan Wickramasinghe; DIMO Head of Agri Machinery, Amila De Silva; DIMO Retail, General Manager - Business Support, Asela Ratnayake; DIMO Retail, Chief Operating Officer, Viranga Wickramaratne; DIMO Chief Marketing Officer, Asanga Ranasinghe; DIMO Group CEO, Gahanath Pandithage; HNB Chief Credit Officer, Nirosh Perera; HNB Head of Micro Finance, Vinodh Fernando; HNB Head of Leasing, Niluka Amarasinghe; HNB Assistant Manager - Leasing, Roshan De Silva; and HNB Business Development Executive - Leasing, Mahesh Ratnayake.

Sri Lanka’s premier private sector bank HNB PLC, partnered with leading automotive experts DIMO, one of Sri Lanka’s leading conglomerates, to offer an exclusive range of leasing packages for tractors from Mahindra and Swaraj, as well as harvesters from CLASS and Lovol brands.

“Enhancing agricultural productivity in Sri Lanka is a key national priority. We are therefore delighted to renew our long-standing relationship with DIMO to offer our loyal customers in the agricultural sector with the access to the best equipment at the most competitive prices on the market,” HNB Chief Credit Officer, Nirosh Perera said.

The partnership will provide customers with flexible repayment options, low interest rates and exclusive benefits until February 2022.

“DIMO prides itself on being the perfect partner, and in that regard we have a strong alignment with HNB. Our status as the sole distributors of world renowned agri-machinery brands enables agri-entrepreneurs to gain access to state-of-the-art equipment and an unmatched aftersales service. This will provide valuable support to ongoing efforts to rejuvenate Sri Lankan agriculture,” DIMO Group CEO, Gahanath Pandithage said.

Notably, DIMO customers that come to HNB Leasing will be entitled to a Prestige Prime credit card which provides access to exclusive discounts on automobile products, servicing, spare parts, tyres and batteries across HNB’s merchant partner network. The bank will waive off the first year annual fee for the card.

DIMO will also offer customers purchasing Mahindra and Swaraj tractors a two year warranty in addition to a free farmers’ kit, oil filters for two years and three services. Additionally, DIMO will also offer prospective owners of CLAAS and Loval harvesters with three free services and warranties of one year and six months respectively.

With 252 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Over the recent past, the bank was ranked among the World Top 1,000 Banks list compiled by the prestigious

UK-based Banker Magazine, HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.

HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020, in addition to winning the coveted Best Retail Bank in Sri Lanka Award for the 11th time at the Asian Banker Awards 2020, in recognition of its sustainable growth and continuous improvements in processes, products and services amidst a challenging macroeconomic environment.