CDB and Micro Cars partner to accelerate enhanced vehicle accessibility

Wednesday, 10 June 2026 06:07 - - {{hitsCtrl.values.hits}}

Signs MoU for customised financial solutions leading to seamless vehicle ownership for Micro customers

Citizens Development Business Finance PLC (CDB) signed a Memorandum of Understanding (MoU) with Micro Cars Ltd. to introduce exclusive financial solutions customised specifically for Micro vehicles. This partnership is designed to enhance accessibility and convenience via customised financial solutions, flexible repayment tenors, and exclusive insurance benefits through a simplified financing process for both personal and commercial vehicles.

Speaking on the partnership, CDB Deputy CEO/Executive Director Damith Tennakoon said, “We are delighted to partner with Micro Cars to provide its customers with innovative and flexible financial solutions. This collaboration ensures that Micro vehicle buyers can access exclusive benefits and a seamless financing process, making vehicle ownership more convenient and rewarding.”

Adding to this, Micro Cars Ltd. Group Director Asela Lihinikaduwa stated, “As the authorised distributor for MG, Chery, SsangYong, and Higer in Sri Lanka, Micro Cars offers vehicles across all price ranges and fuel types — from petrol and hybrid to plug-in hybrid (PHEV) and fully electric (EV). With over 30 years of experience in the Sri Lankan automotive market, Micro Cars has built a trusted legacy of delivering quality vehicles and customer-focused solutions. By extending customised financial solutions through this partnership with CDB, we are ensuring greater convenience and accessibility for our customers, empowering them to embrace evolving mobility needs with confidence.”

By extending customised financial solutions and thereby greater customer convenience to purchase Micro vehicles, the partnership reflects the shared commitment of both organisations to delivering innovative, customer-centric solutions that address evolving mobility needs.