Sunday, March 23, 2025

HNB and AMW renew partnership

Bring affordable financing for New Holland tractors

by damith
January 7, 2024 1:09 am 0 comment 322 views

HNB, DGM, Retail Banking Group, Sanjay Wijemanne (fifth from left) exchanges the MoU with Associated Motorways Group Managing Director, Andre Bonthuys (sixth from left). Looking on (from left) are: HNB Assistant Manager, Business Development Leasing, Mahesh Ratnayake, HNB Assistant Manager – Leasing, Roshan De Silva, HNB Head of Leasing, Susith Perera, HNB AGM – PFS, Kanchana Karunagama, AMW General Manager, Agri Division, Shehann De Zoysa, AMW DGM – Agri Division, Priyalal Susantha, AMW Finance Director, Noor Ahmed and AMW Head of Legal, Piyumi Dhanushki.

HNB PLC re-entered into a Memorandum of Understanding (MoU) with Associated Motorways (Pvt) Ltd (AMW) to provide the agriculture sector with benefits and leasing packages for New Holland tractors. This initiative, building on the success of the past year, reaffirms the commitment of both organisations to contribute to the growth of the agricultural industry in Sri Lanka. HNB Deputy General Manager – Retail Banking Group, Sanjay Wijemanne and Associated Motorways (Pvt) Ltd Group Managing Director, Andre Bonthuys were present at the ceremony to commemorate the partnership.

HNB DGM, Retail Banking Group, Sanjay Wijemanne said, “The agricultural sector is projected to make a contribution of Rs.250,940 million in 2024 despite the many challenges faced in the country. Given these circumstances we believe it is of utmost importance that we support the sector in achieving these goals. As such, we have renewed our longstanding partnership with AMW to offer affordable facilities to the sector. We hope our customers will make use of this opportunity to scale their businesses.”

The bank has introduced a low down payment for new Holland Tractors through HNB branches island-wide, making the acquisition process more accessible for customers.

Associated Motorways Group Managing Director, Andre Bonthuys said: “We are thrilled to extend our collaboration with HNB, as these exclusive offers highlight our commitment to supporting the agricultural sector and making a difference in our customers’ lives. We look forward to contributing to the growth of the industry in Sri Lanka.”

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