Commercial Bank partners Sathosa Motors in leasing

The Commercial Bank of Ceylon has once again partnered with Sathosa Motors PLC (SML) to offer attractive terms and benefits on leases covering the latter's complete range of Isuzu lorries and buses.

Commercial Bank adds flexibility, offering competitive rentals and special payment schemes for selected models while arranging for attractive insurance cover for interested lessees through the Bank's bancassurance channels. Lessees' convenience and speedy service is assured through the Bank's islandwide network of branches and service points. Sathosa Motors would promote these special benefits through the company's head office and its distributors in Jaffna and Ampara.

This is the sixth joint promotion of this nature by Commercial Bank and Sathosa Motors. Commenting, Commercial Bank's Head of Leasing and Personal Loans Nugent Kapuwatte said, "Besides the tangible value additions embedded in this package, the ease of obtaining a lease through Commercial Bank and the confidence of having the country's best bank as the leasing partner cum financial adviser makes this a strong proposition." He said the leasing promotion also reflects Commercial Bank's continuing commitment to offer more to customers by entering into agreements that lead to significant benefits, cognizant of the current rapid development needs of the country.

Established in 1962, Sathosa Motors has succeeded in strengthening its reputation in the commercial truck segment with its brand of Isuzu commercial, heavy duty and light duty vehicles and pickup trucks.

The Isuzu brand has always commanded strong consumer confidence and loyalty whilst also enjoying the position as market leader in the local truck market. Worldwide, Isuzu of Japan holds a renowned position as a superior manufacturer of commercial vehicles, light commercial vehicles and diesel engines.

Sathosa Motors is the sole-agent for Isuzu trucks in Sri Lanka.