HNB PLC has joined forces with Continental Cars & Commercials (Pvt) Ltd, the official distributor of Volkswagen in Sri Lanka, to launch a unique financing initiative for the purchase of Volkswagen vehicles.
As part of this collaboration, HNB will provide customers with favorable leasing rates along with a residual value option for lease terms of up to seven years. Additionally, customers will be issued an HNB credit card with the annual fee waived for the first year. HNB General Insurance will also offer competitive discounts on vehicle insurance premiums, ensuring a smooth and rewarding ownership journey.
Kanchana Karunagama, Senior Vice President and Head of Retail Banking at HNB, commented on the partnership, stating, “At HNB, we aim to facilitate progress by empowering individuals with confidence. Our alliance with Continental Cars allows us to make premium Volkswagen vehicles more accessible through practical financial solutions that provide enduring value, enabling our customers to make informed choices. This partnership enhances access for Sri Lankan consumers, supporting their aspirations for mobility, advancement, and an improved quality of life.”
Charu Senevirathna, Vice Chairman of Continental Cars & Commercials, expressed enthusiasm about the partnership, noting, “Volkswagen has earned a worldwide reputation for its dedication to quality, innovation, and engineering excellence. Through our partnership with HNB, we are creating more opportunities for Sri Lankan customers to enjoy Volkswagen ownership through flexible financial options, making it more affordable while ensuring they are making a wise investment in their future mobility. This collaboration grants customers enhanced financial flexibility and assures them of the reliable support and service associated with a globally recognized automotive brand.”
In a related event, HNB’s Chief Operating Officer, Sanjay Wijemanne, and Senior Vice President/Head of Retail Banking, Kanchana Karunagama, were present to share the Memorandum of Understanding with Julian Reuter, Director of Continental Cars, along with representatives from both organizations.
