HNB partners John Keells CG Auto to accelerate Sri Lanka's EV adoption with innovative Leasing

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HNB partners John Keells CG Auto to accelerate Sri Lanka's EV adoption with innovative Leasing


Left to right: Yohann De Zoysa Director- JKCG Auto, Charith Panditharatne, General Manager – Automotive – JKCG Auto, Charitha Subasinghe, President Retail Sector – John Keells Group. Sanjay Wijemanne, Chief Operating Officer -HNB, Kanchana Karunagama, Head of Retail Banking- HNB, Udara Pathinayake, Head of Leasing - HNB and Mahesh Ratnayake Product Manager – Leasing -HNB




HNB PLC, a leading private sector bank in Sri Lanka, has strategically partnered with John Keells CG Auto (Pvt) Ltd (JKCG Auto), to offer innovative leasing solutions for their BYD vehicle range.

This collaboration aims to make sustainable transportation more accessible to Sri Lankan consumers, reflecting both companies' commitment to environmental responsibility and innovation. 

Geared towards making sustainable and cost-effective mobility solutions available for Sri Lanka’s population, the MoU commemorating this landmark partnership was signed at the BYD Showroom by JKCG Auto in the presence of HNB Chief Operating Officer, Sanjay Wijemanne., Charitha Subasinghe, President – Retail Sector, John Keells Group, and senior officials from both companies.  

"Our partnership with JKCG Auto exemplifies HNB's commitment to fostering sustainable financial growth - through improving access to eco-friendly vehicles. This collaboration showcases how the financial and automobile sectors can work together to enhance economic resilience and environmental sustainability, especially crucial during the nation’s next phase of economic recovery. Through offering practical and accessible solutions for environmentally friendly vehicles, HNB and JKCG Auto are creating a model that balances business appeal with broader social and environmental goals, investing in a sustainable future for Sri Lanka," said HNB Chief Operating Officer, Sanjay Wijemanne.

The partnership offers a comprehensive rental package designed to meet the evolving needs of environmentally conscious consumers. At the heart of this offer are competitive interest rates, which provide financial flexibility during the promotional period, geared towards offering more sustainable transport options to prospective car-owners.

HNB will provide a range of attractive financing options to meet the diverse needs of its extensive customer base, including attractive published rates for structured leases and enhancing affordability for potential lessees. Customers will also have access to exclusive card offers and special discounts on automobile products, servicing, spare parts, tyres, batteries, and more through the Prestige Prime credit card provided to customers making use of the promotion. Furthermore, HNB General Insurance offers a free life insurance cover valued at Rs.4.5 million and a natural death insurance cover of Rs. 600,000.

“Our partnership with HNB is an additional leap forward to ensure new energy vehicles are readily accessible to the consumers of Sri Lanka. At John Keells CG Auto, we are committed to our core purpose ‘Providing innovative and sustainable mobility solutions for a better future.’ Together with our partners, we will lead the change in e-mobility adoption through infrastructure development and comprehensive solutions for a sustainable future,” said John Keells Group Retail Sector President, Charitha Subasinghe.

About HNB

With 254 customer centres, HNB stands as one of Sri Lanka's largest and most technologically innovative private banks. Having been recognized as the Best Retail Bank in Sri Lanka for the 14th consecutive year at the Asian Banker Global Excellence in Retail Financial Services Awards 2024, HNB continues to solidify its reputation in the sector. Additionally, the bank was also declared as ‘The Best Bank – Sri Lanka’ at the second Emerging Asia Banking Conclave and Awards, organised by the Indian Chamber of Commerce (ICC). HNB was also honored with prestigious awards, including Best Bank and Beat SME Bank at the renowned Euromoney Awards for Excellence in 2024.

About JKCG Auto

John Keells CG Auto (Private) Limited (JKCG) is a subsidiary of John Keells Holdings PLC and CG Auto Pte. Ltd, having entered the automotive industry in 2023. JKCG Auto is the authorized distributor of BYD passenger vehicles, parts, and services in Sri Lanka, committed to building customer confidence in New Energy Vehicles (NEVs) and setting new standards for NEVs while supporting the development of an ecosystem for NEVs in Sri Lanka.