Business
HNB strengthens partnership with DIMO to enhance local agricultural mechanisation
Hatton National Bank, PLC (HNB), Sri Lanka’s premier private sector bank, renewed its long-standing partnership with DIMO Agribusinesses, the agricultural arm of DIMO, Sri Lanka’s leading diversified conglomerate.
Through this partnership, HNB and DIMO will offer their mutual customers an extensive list of discounts and facilities inclusive of low-interest rates, flexible repayment schemes, and exclusive benefits for Agri Machinery provided by DIMO Agribusinesses. The renewed partnership was commemorated at a special ceremony held at DIMO Head office in the presence of HNB and DIMO representatives.
“We are excited to collaborate with DIMO once again to strengthen agricultural entrepreneurs with the opportunity to purchase new vehicles and machinery. Given the challenging times we face, we’ve worked especially hard to ensure our customers have convenient payment solutions to fulfill their needs. We hope that entrepreneurs will make use of this unique opportunity to grow their business,” HNB Deputy General Manager- Retail and SME Banking, Sanjay Wijemanne said.
HNB will offer leasing facilities for brand new Mahindra & Swaraj tractors as well as CLAAS and Lovol combine harvesters. Customers will also have access to a wide range of discounts and exciting deals through the value-added Prestige Prime credit offered for free with the first-year annual fee waived off. HNB General Insurance will offer attractive discounts for vehicle insurance premiums in addition to a free life insurance cover of Rs. 4.5 million for accidental deaths, while HNB Assurance will offer a Rs. 600,000 natural death insurance cover.
“DIMO has always been at the forefront of promoting agriculture mechanization, and our diverse product portfolio looks to increase the productivity in the industry. Partnerships of this nature will accelerate the agriculture mechanization process in the industry. We are developing agripreneurship in the country so we can continue fuelling dreams and aspirations of the farming community,” DIMO Chief Operating Officer and Head of Agri Machinery Business of the Group, Rajeev Pandithage said.
DIMO will offer customers a 4-year warranty on any Mahindra and Swaraj tractors purchased and a one-year comprehensive warranty on CLAAS and Lovol Harvesters. Customers who purchase Mahindra or Swaraj tractors will also be eligible for the Free Farmers Kit, free oil filters for two years, and three free services. All DIMO customers can rest assured as each purchase will be backed by over 80 years of DIMO trust and exceptional after-sales care.
With 256 customer centers across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks. HNB has been recognised locally and globally for its efforts to drive forward a new paradigm in digital banking. Consolidating its reputation for banking excellence, HNB bagged the Best Retail Bank and Best SME Bank awards in the Banking category at the International Finance Awards 2021. The bank was also ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for five consecutive years. HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.
Fuelling the dreams and aspirations of the communities they serve, DIMO has diversified into Agriculture, Healthcare, Education, Infrastructure Development, Automobile, Retail, and much more. DIMO has been recognised as a ‘Great Place to Work’ for nine consecutive years and has also twice clinched the ‘Asia’s Best Workplace’ title. DIMO was also listed as one of the Most Respected Entities in Sri Lanka and has received many national and international accolades for Integrated Reporting and Corporate Social Responsibility.
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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