ComBank supports technical education ambitions with DIMO Academy partnership

Sanath Manatunge and Gahanath Pandithage exchange the agreement in the presence of 

senior representatives of the two companies

The Commercial Bank of Ceylon has signed a Memorandum of Understanding (MoU) with DIMO Academy for Technical Studies (DATS) to promote the Bank’s Education Loans among students aspiring to pursue advanced technical and vocational training. 

Through this collaboration, students enrolling at DIMO Academy, the vocational training arm of DIMO can pursue advanced studies in fields such as Automotive Technology, Plant Engineering, Electrical and Electronic Systems, Mechatronics and Automation, Hybrid and EV Technologies, Industrial LPG and HVAC, with the support of attractive loan facilities from Commercial Bank. 

These Education Loans offer financing up to Rs. 10 million, covering up to 75 percent of the course fee, and include a grace period of up to two years and a 50 percent reduction in documentation charges, easing the financial burden on students and families alike.

The MoU was signed by Sanath Manatunge, Managing Director/Chief Executive Officer of Commercial Bank and Gahanath Pandithage, Group Managing Director/CEO of DIMO, in the presence of senior representatives from both institutions.

This partnership between Commercial Bank and DIMO Academy provides a timely boost for Sri Lanka’s technical education landscape, opening more doors for students to realise their potential and contribute to the nation’s progress, the Bank said. 

Through this collaboration, students can pursue their preferred fields of study with greater financial confidence and ease, empowering them to build rewarding careers in high-demand technical sectors.