Tuesday Nov 25, 2025
Tuesday Nov 25, 2025
Monday, 24 November 2025 05:06 - - {{hitsCtrl.values.hits}}
From left: Hayleys Fentons Senior Executive – Finance Amadi Shamindri, Assistant Manager – Corporate Affairs and Contract Administration Neshika De Silva, General Manager – Finance Panduka Rathnayake, Assistant General Manager – EV and Mobility Solutions Suraj Chularathne, Hayleys Mobility CEO Rajieve Fernando, Executive Director Roshani Dharmaratne, and Hayleys Fentons Executive Director/Chief Financial Officer Pamudith Gunawardana, Pan Asia Bank Director/CEO Naleen Edirisinghe, Deputy General Manager – Credit Gayanath De Silva, Head – Retail Credit Yohan Ebell, Senior Manager – Legal Iroshini Kannangara, and Manager – Leasing Kanchana Kannangara
Pan Asia Banking Corporation PLC has signed a Memorandum of Understanding (MoU) with Hayleys Mobility Ltd., the mobility arm of Hayleys Fentons Ltd., the Energy, Mobility and Projects vertical of the wider Hayleys PLC.
This strategic partnership is poised to accelerate the adoption of electric and hybrid vehicles in Sri Lanka by providing seamless, affordable, and comprehensive financing solutions for the nation’s transition towards a sustainable transport future.
The collaboration will see Pan Asia Bank offering specially curated leasing and financing packages for the cutting-edge range of New Energy Vehicles distributed by Hayleys Mobility, which includes globally-renowned brands like OMODA and JAECOO, the premium New Energy Vehicle (NEV) brand of Chery Automobile Co., Ltd. This initiative is a significant enhancement of the Bank’s successful Pan Asia EV Plus integrated offering, which provides a bundled solution for both vehicle and rooftop solar financing.
The new financing schemes will feature competitive interest rates and flexible repayment plans, meticulously designed to align with the financial expectations of both individual and corporate clients. This makes the shift to sustainable mobility more accessible and economically viable.
Pan Asia Bank Director/CEO Naleen Edirisinghe said: “This collaboration with Hayleys Mobility is a clear testament to Pan Asia Bank’s commitment to sustainable development.”
“We are not just offering loans; we are investing in the country’s environmental and economic future. By combining our financial expertise with Hayleys Mobility’s pioneering NEV technology and infrastructure, we are enabling our customers to embrace a greener lifestyle with unparalleled ease and affordability,” he added.
This strategic MoU reinforces Pan Asia Bank’s reputation for innovation in financial services and its leadership role in promoting sustainable and green financing solutions across Sri Lanka. The primary goals of this agreement include delivering customised EV leasing, promoting the “Pan Asia EV Plus” solution to bundle NEV leases with energy loans for home solar solutions, and ensuring a streamlined, coordinated application and approval process between the Bank and Hayleys Mobility for a superior customer experience. This joint effort is expected to set a new benchmark for green vehicle financing in the Sri Lankan market.
