Business News from Sri Lanka: The Commercial Bank of Ceylon and Associated Motorways (Private) Limited (AMW) have joined forces to offer exclusive discounts of up to Rs 375,000, attractive leasing packages and other benefits to customers leasing Suzuki vehicles.
This special promotion will run until 31st October, with lease rentals starting as low as Rs 1,906/-for every Rs 100,000/- for Commercial Bank leasing customers. The offer will also apply to vehicle owners seeking to trade-in, exchange or upgrade their existing vehicles while continuing their existing leases, the Bank said.
Furthermore, the Bank will customise repayment plans to suit the individual income patterns of customers. Test drives of vehicles will be arranged by AMW at selected locations, so that aspiring lease customers can take their preferred Suzuki automobiles for a spin before purchasing them.
AMW, which was established in 1949 as a pioneer in the country’s tyre retreading industry is today a highly respected company in Sri Lanka’s automobile sector and represents several leading international nameplates for passenger cars, trucks and buses as well as three wheelers and motor cycles.The company became the sole distributor for Suzuki Maruti in 1992 and for Suzuki in 2005. Suzuki is the market leader in the 1000cc category in Sri Lanka since 2004 and has an island-wide branch network including the Northern and Eastern provinces. In 2013 the Suzuki Alto received a global award as the highest selling small car in the world.
The only Sri Lankan Bank to be ranked among the world’s top 1000 banks for nine years consecutively, Commercial Bank operates a network of 267 branches and 852 ATMs in Sri Lanka. The Bank has multiple international and local awards in 2016 and 2017 and over 40 international and local awards in 2018.
Commercial Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Representative Office in Yangon and a Microfinance company in Nay PyiTaw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.