Pan Asia Bank signs up with Hayleys Mobility to finance new age SUVs

Pan Asia Banking Corporation PLC has signed a Memorandum of Understanding with Hayleys Mobility Limited, the mobility arm of Hayleys Fentons Limited.  
This strategic partnership is poised to accelerate the adoption of electric and hybrid vehicles in Sri Lanka by providing seamless, affordable, and comprehensive financing solutions for the nation’s transition towards a sustainable transport future.
The collaboration will see Pan Asia Bank offering specially curated leasing and financing packages for the cutting-edge range of New Energy Vehicles distributed by Hayleys Mobility, which includes globally-renowned brands like OMODA and JAECOO, the premium New Energy Vehicle (NEV) brand of Chery Automobile Co., Ltd. 
This initiative is a significant enhancement of the Bank’s successful Pan Asia EV Plus integrated offering, which provides a bundled solution for both vehicle and rooftop solar financing.
The new financing schemes will feature competitive interest rates and flexible repayment plans, meticulously designed to align with the financial expectations of both individual and corporate clients. This makes the shift to sustainable mobility more accessible and economically viable.
Commenting on this pivotal partnership, Naleen Edirisinghe, Director/CEO of Pan Asia Bank stated, “We are not just offering loans; we are investing in the country’s environmental and economic future. By combining our financial expertise with Hayleys Mobility’s pioneering NEV technology and infrastructure, we are enabling our customers to embrace a greener lifestyle with unparalleled ease and affordability.”