Combank’s ‘Leasing Vaaré’ returns with four leading vehicle agents

Friday, 16 March 2018 00:00 - - {{hitsCtrl.values.hits}}

Commercial Bank’s ‘Leasing Vaaré’ (Leasing Season) promotion is back for the third year, this time with four leading vehicle agents as partners, for three months.

The bank has declared 1 March to 31 May its ‘leasing season’ for 2018 and will help customers celebrate by offering attractive rentals on standard Leasing, Super Leasing and Hybrid Leasing products during these three months.

These three months will see joint promotions with reputed vendors such as Hayleys Agriculture for land vehicles, Sathosa Motors PLC for the commercial segment and Prestige Automobile Ltd. and Hyundai Lanka Ltd. for the passenger segment as well as a series of branch level activities and campaigns.

The ‘Leasing Vaaré’ promotion has sparked the interest of vehicle buyers around the country, who wait for this opportunity to enjoy the best possible vehicle leasing benefits in town, the bank said.

The bank’s Super Leasing facility affords customers the ability to purchase high-end vehicles at lower rentals, while also offering easy repayment facilities and lower early settlement fees.

The Hybrid Leasing facility too offers customers the ability to purchase high-end vehicles at lower rentals, especially because interested parties can pay half of the standard rental during the first year, and the standard rental for the rest of the lease period, paying the balance amount as the last rental. This facility also offers an easy repayment scheme and enables customers to extend the lease tenure by an additional two years. Customers who obtain insurance facilities through bancassurance are eligible for a 0% easy payment plan as well, the Bank said.

The only Sri Lankan bank to be ranked among the Top 1000 banks of the world for seven years consecutively, Commercial Bank operates a network of 261 branches and 756 ATMs in Sri Lanka. The bank has won more than 30 international and local awards in 2016 and 2017 and has over the years received multiple awards as Sri Lanka’s Best Bank, Best Trade Bank, Strongest Bank and Most Respected Bank from a number of local and international institutions and publications.

Commercial Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets, Myanmar, where it has a Representative Office in Yangon, the Maldives, where the bank has a fully-fledged Tier I Bank with a majority stake and Italy, where the bank operates its own money transfer service.