HNB-Plantchem empower agri machinery sector

HNB Senior Bank Associate Bashitha Weerasinghe, Assistant Manager Leasing Viraj De Silva, Product Manager Leasing Mahesh Ratnayake, Vice President Leasing Udara Pathinayake, Senior Vice President/Head of Retail Banking Kanchana Karunagama, Plantchem Director Priyanga Dematawa, Executive Director Rajeev Pandithage, Head of Business Operations Ranjith Mahadurage and Manager Finance Lal Galagamage

HNB PLC announced a strategic partnership with Plantchem (Private) Limited, aimed at supporting agricultural mechanisation through attractive leasing solutions for Lovol tractors. 

The partnership was officially launched recently.

With agriculture playing a pivotal role in national development, the collaboration between HNB and Plantchem seeks to improve access to high-quality, affordable farming equipment for cultivators across the country. 

Through this initiative, farmers and agri-entrepreneurs will be able to obtain Lovol tractors under flexible and competitive leasing packages, improving productivity, efficiency and long-term sustainability in the sector.

HNB Senior Vice President and Head of Retail Banking Kanchana Karunagama said, “Through our partnership with Plantchem, we’re proud to offer attractive financing options that will empower farmers to invest in their future and adopt more efficient and sustainable farming practices.”

As the exclusive distributor for Lovol tractors in Sri Lanka, Plantchem has earned a reputation for delivering durable, high-performance machinery backed by strong aftersales support. The company operates under the DIMO group.

Plantchem CEO Gahanath Pandithage noted, “Lovol tractors are designed to handle a wide range of farming applications with efficiency and ease. By combining our product strength with HNB’s islandwide reach and financing expertise, we are well-positioned to make mechanisation more accessible to those who need it most.”