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Commercial Bank Assistant General Manager Personal Banking Kapila Liyanage and Colonial Motors Manager Finance Suresh Rasaratnam exchange the agreement in the presence of representatives of the two companies
Committed to elevating customer lifestyles and making the best in mobility accessible to everyone, Commercial Bank of Ceylon has entered into a strategic partnership with Colonial Motors (Ceylon) Limited, the authorised agent for Mazda in Sri Lanka, to facilitate the purchase of Mazda vehicles through the bank’s leasing solutions.
The collaboration, formalised through a memorandum of understanding, introduces a joint promotional campaign that will run until November 30, 2026.
Under this partnership, Commercial Bank will offer attractive interest rates and flexible leasing facilities through its islandwide branch network, enabling the customers to part-finance new Mazda vehicles with ease. The bank’s approach allows the customers to select repayment plans aligned with their income patterns, ensuring affordability and accessibility.
Colonial Motors will complement these benefits with a suite of exclusive offers for the Mazda buyers during the promotion period. These include a special discount of Rs.150,000 on any Mazda model, free vehicle registration, seven labour-free services and a 15 percent discount on spare parts for the first owner.