Sampath Bank PLC has entered into a Memorandum of Understanding (MoU) with John Keells CG Auto (Private) Limited to introduce preferential financial solutions aimed at customers purchasing new energy vehicles (NEVs), supporting Sri Lanka’s transition toward sustainable mobility.
The agreement, formalised at the BYD Head Office, brings together Sampath Bank and JKCG Auto to offer exclusive benefits designed to improve affordability and ease of access for customers considering BYD and DENZA vehicles.
Under the partnership, Sampath Bank will provide a special interest rate, offering a 0.5% reduction from its standard published rate for eligible NEV purchases. This is intended to reduce the financial burden associated with owning electric and hybrid vehicles.
Customers will also benefit from a loan facility covering insurance premiums, helping to ease upfront costs while maintaining full vehicle protection. In addition, the Bank will issue free credit cards without joining fees, offering added financial flexibility for users.
John Keells CG Auto (Private) Limited, a subsidiary of John Keells Holdings PLC and CG Auto PTE. Ltd., is the authorised distributor for BYD and DENZA vehicles in Sri Lanka, with a presence across multiple cities including Colombo, Kandy, Galle, Jaffna, and Ratnapura, as well as after-sales and repair facilities in key regions.
The collaboration is expected to accelerate NEV adoption by improving affordability and expanding the supporting ecosystem for sustainable mobility in Sri Lanka, while aligning with Sampath Bank’s strategy of delivering customer-focused financial solutions.
Canadian Chamber of Commerce in Sri Lanka hosts press interaction with its members
Canadian Chamber of Commerce in Sri Lanka (CanCham Sri Lanka) recently hosted a strategic press interaction with members of the business media at CanCham House in Colombo, focusing on strengthening economic ties and expanding bilateral engagement between Sri Lanka and Canada.
The discussion highlighted the Chamber’s evolving role as a platform that connects businesses, policymakers, entrepreneurs, and international stakeholders to create meaningful economic opportunities between the two countries.
During the session, Founder and Board Directors M.H.K. Mohamed Hameez and Priyantha Chandrasekara, along with Secretary General and Executive Director Nilupul De Silva, addressed the media and outlined the Chamber’s strategic direction.
Key areas of focus included expanding trade and investment opportunities between Sri Lanka and Canada, strengthening business-to-business collaboration, supporting SMEs and emerging enterprises, facilitating knowledge exchange and partnerships, promoting Sri Lanka’s investment potential to Canadian and global stakeholders, and enhancing engagement within the broader Indo-Pacific economic corridor.
The Chamber emphasized Sri Lanka’s potential to position itself as a strategic gateway within the Indo-Pacific region amid shifting global trade dynamics. It also highlighted opportunities for member companies to access international networks, partnerships, and knowledge-sharing initiatives through CanCham Sri Lanka.
The interaction marked a key step in communicating the Chamber’s long-term vision of building a collaborative and globally connected platform that drives sustainable economic growth and deeper Canada–Sri Lanka business engagement.
Sampath Bank PLC partners with John Keells CG Auto to offer financial solutions for NEV buyers
