Commercial Bank Partners With Sathosa Motors For Attractive Leasing

The Commercial Bank of Ceylon has once again partnered with Sathosa Motors PLC (SML) to offer attractive terms and benefits on leases for a range of Isuzu trucks, cabs and buses.

 Sathosa Motors offers a minimum discount of Rs.50,000 on Isuzu trucks and Rs. 100,000 Isuzu buses purchased on lease during the period of this joint promotion. Sathosa Motors also throws in six labour free services to the package.

 This is the seventh joint promotion of this nature between these two organisations. Purchasers of the vehicles offered also receive a 100,000 kilometers engine warranty, subject to maintenance at the Sathosa Motors workshop, two years or 40,000 kilometers warranty for N Series and one year or 20,000 kilometers warranty for F Series vehicles.

 “Commercial Bank adds further value, offering competitive rentals and special payment schemes for all models while arranging for attractive insurance cover for interested lessees through the Bank’s bancassurance channels,” said  Saman Kalansuriya, Head of Commercial Bank’s Leasing and Personal Loans Department.

 Sathosa Motors would promote the special benefits through the Company’s head office and its distributors in Jaffna and Ampara.

 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.

 Commercial Bank is one of the leading leasing service providers in the country for a range of assets of diverse values including machinery and is a member of the Leasing Association of Sri Lanka.  The only Sri Lankan Bank to be ranked among the world’s top 1000 Banks for three successive years, the Bank operates a network of 235 computer-linked service points and the country’s single largest ATM network of 585 terminals. The bank has been adjudged ‘Best Bank in Sri Lanka’ for 15 consecutive years by ‘Global Finance’ Magazine and has won multiple awards as the country’s best bank from ‘The Banker’, ‘Finance Asia’, ‘Euromoney’ and ‘Trade Finance’ magazines.