HNB PLC has partnered with Browns and Company PLC to introduce an exclusive leasing scheme aimed at making modern agricultural machinery more accessible to farmers and agribusinesses across Sri Lanka.
The partnership will support customers purchasing TAFE tractors, Yanmar and Sumo combine harvesters, and Sumo automated rice milling machinery. Browns Agriculture has a longstanding presence in Sri Lanka’s agricultural mechanisation sector, with TAFE, Yanmar and Browns Sumo among its established agricultural brands.
Under the scheme, HNB will offer special leasing rates, a credit card with the first-year annual fee waived, and discounted vehicle insurance premiums through HNB General Insurance.
Customers purchasing TAFE tractors will benefit from a two-year or 2,000-hour warranty, four labour-free services and free Department of Motor Vehicles registration. Browns will also cover the first-year insurance premium for selected TAFE 45DI, TAFE 7250 and TAFE 2WD models.
Customers purchasing Yanmar and Sumo harvesters will receive special warranty benefits and three labour-free services. Meanwhile, buyers of Sumo automated rice milling machinery will benefit from a one-year warranty covering manufacturing defects, along with one labour-free service following installation and commissioning.
Commenting on the partnership, HNB Managing Director and Chief Executive Officer Damith Pallewatte said, “We understand the important role farmers play in keeping Sri Lanka’s economy moving. Through our partnership with Browns, we want to make it easier for farmers to access the machinery they need through convenient leasing options. By easing the financial commitment involved in modernising their operations, we hope to support farmers in improving productivity, growing their businesses and creating greater value across Sri Lanka’s agricultural sector.”
Sanjaya Nissanka, Cluster Chief Operating Officer of the Browns Agriculture and Heavy Equipment Cluster at Browns and Company PLC, and Chief Executive Officer of Browns Agri Solutions (Pvt) Ltd, said, “Our partnership with HNB brings together two organisations with deep knowledge of Sri Lanka’s agricultural landscape. By combining trusted machinery with attractive financing and after-sales benefits, we aim to make modern mechanisation a practical and accessible choice for farmers and agribusinesses across the country. This initiative is about empowering and uplifting our farming community by improving productivity, efficiency and profitability, while encouraging the next generation to view agriculture as a viable and rewarding business opportunity.”
People’s Leasing Secures Greenhouse Gas Verification Certificate
People’s Leasing & Finance PLC has obtained a Greenhouse Gas (GHG) Verification Certificate in accordance with the international standard ISO 14064-1:2018, reinforcing its commitment to environmental responsibility, accountability and sustainable development.
The company received an independently verified GHG Verification Statement for the financial year 2025/26, demonstrating its continued efforts to systematically measure, manage and report its environmental impact.
The verification was conducted by the Sri Lanka Climate Fund (SLCF), an organisation operating under the Ministry of Environment.
The official presentation of the GHG Verification Certificate took place on 24 September at the Ministry of Environment Auditorium, under the patronage of Deputy Minister of Environment Jayakody.
The independent verification confirmed that the People’s Leasing Group’s greenhouse gas emissions inventory had been prepared in accordance with ISO 14064-1:2018 and independently verified under ISO 14064-3:2019.
The assessment covered a comprehensive range of business activities under the operational control of the People’s Leasing Group. These included the company’s head office, 112 branches, six vehicle yards, two holiday resorts and six subsidiary companies.
The subsidiaries covered by the assessment were People’s Insurance PLC, People’s Micro Commerce Ltd, People’s Leasing Fleet Management Ltd, People’s Leasing Property Development Ltd, People’s Leasing Havelock Properties Ltd and Alliance Finance PLC (Bangladesh).
The certification marks another step in People’s Leasing’s efforts to strengthen environmental accountability through the systematic assessment and reporting of greenhouse gas emissions across its operations.
HNB Teams Up with Browns to Advance Agricultural Mechanisation for Sri Lankan Farmers
