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Tuesday, 30 August 2011

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Prestige Automobile ComBank, partnership

Prestige Automobile will offer handsome trade discounts on the standard price of a BMW 5 series car leased through Commercial Bank, up to November 15.


Commercial Bank Chief Operating Officer Ravi Dias and Prestige Automobile Director and General Manager Gehan Siribaddana exchange the agreement. Group Business Development General Manager Ranjith Jayawardena, Prestige Automobile Director Brig Ranjan de Silva, Personal Banking Deputy General Manager S. Renganathan, Head of Leasing and Personal Loans Nugent Kapuwatte and Corporate Banking Assistant General Manager Camelita de Silva look on.

Complementing this discount, Commercial Bank will offer very attractive lease rentals and will arrange for special insurance schemes for lessees through Commercial Insurance Brokers, an associate of the Bank.

Discounts on prices and attractive rentals are also on offer for other BMW models sold by Prestige Automobile and leased through Commercial Bank during this period. “We believe that present and prospective customers of Sri Lanka’s best bank should enjoy exclusive benefits like these,” said Nugent Kapuwatte, Head of Leasing and Personal Loans at the Bank.

“This promotion, just weeks after our ‘Leasing Month,’ which also offered a range of enticing deals, represents our continuous commitment to providing the best offers to our customers,” he said.

He added that in addition to other benefits, Commercial Bank will leverage its extensive network of 200 service points to offer a speedy service to customers.

The bank launched its inaugural Leasing Month in July this year with tie-ups with several leading automobile vendors and introduced a range of benefits for customers including competitive rental rates and special insurance covers.

Commercial Bank is one of the leading leasing service providers in the country and is a member of the Leasing Association of Sri Lanka. It provides leasing facilities for a range of assets of diverse values including machinery.


Range Rover celebrates in Sri Lanka

British High Commissioner to Sri Lanka, John Rankin, together with UK Trade and Investment and Frontier Automotives (Pvt.) Ltd. hosted a reception to celebrate Range Rovers in Sri Lanka at Westminster House last week.


British High Commissioner John Rankin speaking on the occasion.

The reception showcased the excellence of UK design and innovation through a line of Range Rovers on display, from the 1970s to the latest 2011 models.

Manufactured by the British company, Land Rover, the classic and modern vehicles on display highlighted the UK’s expertise in innovation.

The automobile industry in the UK is a crucial sector of the UK Economy, generating a manufacturing turnover of œ51 billion, contributing over 10 percent of the UK’s total exports and supporting around 800,000 jobs.

British High Commissioner John Rankin said the Range Rover stands for individualism, authenticity, freedom, adventure and supremacy - akin to the values that modern Britain stands for and also responsible for the vehicle’s diverse appeal.

“There are currently more than 2000 Land Rover vehicles in Sri Lanka, traversing the country from the tea plantations and natural reserves to Colombo and its suburbs.

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