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Commercial Bank Managing Director Jegan Durairatnam (fourth from right) and Sathosa Motors Managing Director Deshamanya Tilak Dias Gunasekara exchange the agreement in the presence of senior management of the two companies
The Commercial Bank of Ceylon and Sathosa Motors have come together once again to offer buyers of commercial vehicles an attractive leasing package for a limited duration.
Sathosa Motors is offering discounts of Rs. 50,000 to Rs. 100,000 on its entire range of Isuzu motor lorries, cabs and busses until 31 March under this promotion supported by Sri Lanka’s benchmark private bank with very competitive lease rentals.
Besides the special lease rentals and discounts on the sales price, parties who lease Isuzu vehicles during this period will enjoy six labour-free services, a 100,000 km engine and gearbox warranty subject to maintenance at the Sathosa Motors workshop, a two-year or 40,000km warranty on the vehicle, and expedited processing at Commercial Bank’s island-wide branch network.
Commenting on this recurring promotion, Commercial Bank Deputy General Manager, Personal Banking Sandra Walgama said: “The Commercial Bank of Ceylon has always been supportive of the small and medium sized enterprises in the country. This promotion is another means of extending our support to the SMEs. For buying one’s first vehicle to start-up a business, or to upgrade an existing fleet, this promotion makes this the ideal time to purchase Isuzu vehicles via a Commercial Bank lease.”
This offer is coupled with special leasing rentals and discounts, and will be promoted at all bank branches, the Sathosa Motors head office and its main branch in Matara. This is the ninth joint promotion of this nature between these two organisations.
Established in 1962, Sathosa Motors has succeeded in strengthening its reputation in the Commercial truck segment with its brand of Isuzu commercial, heavy duty and light duty vehicles and pickup trucks. The Isuzu brand has always commanded strong consumer confidence and loyalty whilst also enjoying the position as market leader in the local truck market. Worldwide, Isuzu of Japan holds a renowned position as a superior manufacturer of commercial vehicles, light commercial vehicles and diesel engines. Sathosa Motors is the sole-agent for Isuzu trucks in Sri Lanka.
Commercial Bank operates a network of 261 branches and 756ATMs 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.
