Pan Asia Bank reinforces sustainability commitment through strategic alliance

Pan Asia Banking Corporation PLC has entered into a strategic partnership with Prime EV Automobiles, the authorized representative of the Deepal electric vehicle brand in Sri Lanka. This collaboration was formalized through the signing of a Memorandum of Understanding (MoU) aimed at promoting eco-friendly leasing solutions, such as Pan Asia Bank’s EV Plus, and accelerating the adoption of electric vehicles across the country. This initiative underscores Pan Asia Bank’s dedication to driving Sri Lanka’s green transition by making sustainable mobility more accessible and affordable. 
The partnership enables customers of Prime EV Automobiles to enjoy exclusive leasing facilities from Pan Asia Bank when purchasing electric vehicles, making EV ownership more accessible, affordable, and convenient. Through this collaboration, Pan Asia Bank aims to further strengthen its position as a pioneer in green leasing, supporting the country’s transition toward cleaner energy and sustainable transport solutions. 
Speaking at the signing ceremony, Naleen Edirisinghe, Director/CEO of Pan Asia Bank, stated, “As a bank committed to sustainability, we are proud to join hands with Prime EV Automobiles to support Sri Lankans to make the shift towards electric mobility. Our specialized leasing solutions are designed to make EV ownership easier while helping customers contribute to a greener tomorrow.” 
With this partnership, customers can look forward to customized leasing packages for Prime EV’s range of electric vehicles, supported by streamlined financing processes and value-added services. The collaboration also reinforces Pan Asia Bank’s broader vision of becoming the country’s most eco-conscious financial partner through innovative green lending and leasing programs.