Commercial Bank supports construction sector with Senok
Offers special leasing packages for KOBELCO
Excavators, Komac Breakers:
Buyers of globally-reputed Kobelco Excavators and Komac Breakers can
now enjoy substantial benefits including discounts on prices,
competitive lease rentals and special insurance packages if they
purchase them on lease from the Commercial Bank.
|
Ravi Dias – Chief Operating Officer of Commercial Bank (third
from right) exchanging copies of the agreement with Ranjan
Dahanayake – Director – Sales Marketing of Senok Trade Combine.
The others in the picture are (from left) Manoj Fernando –
Marketing Executive and Niranjan Arunthavanathan – General
Manager of Senok Trade and S Renganathan – Deputy General
Manager – Personal Banking and Marion Abeywardene – Deputy
General Manager – Corporate Banking of Commercial Bank. |
This offer, valid from February 2012 onwards, follows a recent
agreement between Commercial Bank, the bank internationally rated as Sri
Lanka’s best and Senok Trade Combine (Pvt) Ltd., a leading distributor
of construction machinery.
According to the agreement, Senok will offer special discounts on
machinery and spare parts and offer services at a concessionary price
for every Kobelco Excavator and Komac Breaker leased via Commercial
Bank.
Supplementing these benefits, Commercial Bank will offer competitive
rentals, special schemes for selected Kobelco Excavators and arrange for
special insurance schemes through Commercial Insurance Brokers, an
associate of the Bank. The islandwide branch network of the Bank will
offer these services, thereby enhancing convenience to buyers, the Bank
said.
“This offer responds to the increasing demand for construction
equipment to support and sustain Sri Lanka’s infrastructure boom,”
Nugent Kapuwatte, Head of Leasing and Personal Loans at Commercial Bank
said. “Commercial Bank has emerged as a preferred provider of leasing
facilities, in part due to the ties the Bank has cultivated with
distributors of vehicles and machinery.”
The special offer for Kobelco Excavators follows the recent opening
of a branch of Senok Trade in Vavuniya, an area in which the company
expects strong demand for the products it distributes.
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.
Established in 1969, Commercial Bank is the largest private bank in
Sri Lanka, and the only Sri Lankan Bank listed in the world’s Top 1,000
Banks. It operates a network of 213 service points in Sri Lanka and the
country’s single largest network of 500 ATMs.
The Bank has been adjudged ‘Best Bank in Sri Lanka’ for 13
consecutive years by ‘Global Finance’ Magazine and has won multiple
awards as the country’s best bank from ‘The Banker,’ ‘FinanceAsia,’
‘Euromoney’ and ‘Trade Finance’ magazines. |
