Business
ComBank and DIMO launch leasing promo for commercial vehicles & agri machinery
The Commercial Bank of Ceylon and DIMO have come together once again to offer attractive discounts and other benefits to customers who obtain leasing facilities for the purchase of commercial vehicles and agri machinery from DIMO, the bank said in a news release.
The promotion covers the popular TATA Ace HT2, widely known locally as ‘DIMO Batta’ in the commercial vehicle segment; and tractors from the Mahindra and Swaraj brands and LOVOL combine harvesters in the agriculture machinery segment.
“The special offers on TATA Ace HT2, valid till June 30, 2024, will provide an exclusive discount of Rs 15,000 apart from the general discount of Rs 600,000 and free RMV registration from DIMO, with a 1% reduction on the standard interest rate on the leasing facilities from Commercial Bank,” the release said.
“Under this special leasing facility DIMO will offer a four-year comprehensive warranty, a free farmer kit and free oil filters for two years on Mahindra and Swaraj tractors and a one-year comprehensive warranty on LOVOL harvesters leased during December 1, 2023 to November 30, 2024. Covering the commercial vehicle segment and Agri machinery, Commercial Bank will offer an interest rate that is 0.5% lower than the standard rate for leases under this partnership.”
Additionally, Commercial Bank’s popular ‘Kanna Varika’ (Seasonal Payments) option where the leasing
packages correspond to the farmers’ income patterns, with rentals serviced only during harvesting periods, will be applicable for the leases of tractors and harvesters, it added.
The Bank said this promotion is intended to enable the farming community in the country to access the latest technology and equipment, thereby contributing to national economic development via improved efficiency and higher outputs.
DIMO is a leading diversified conglomerate in Sri Lanka which has since its inception over eight decades ago is driven by perfect partnerships, having diversified into wide spectrums of sectors including Agriculture; Building Services; Construction; Digital; Education; Healthcare; Home & Garden; Industrial; Mobility; Power, Energy & Water.
A leading leasing solutions provider in Sri Lanka, Commercial Bank is the largest private sector bank and the first 100% carbon neutral bank in the country, and the first Sri Lankan bank to be listed among the Top 1000 Banks of the World. The Bank operates a network of 271 branches and 964 automated machines in Sri Lanka, is the largest lender to Sri Lanka’s SME sector, and is a leader in digital innovation in the country’s Banking sector.
Commercial Bank has the widest international footprint among Sri Lankan Banks, with 20 outlets in Bangladesh, a Microfinance company in Nay Pyi Taw, Myanmar, and a fully-fledged Tier I Bank with a majority stake in the Maldives.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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