This strategic initiative, building upon the success of the past year, underscores the mutual commitment of both entities to contribute significantly to the growth and sustainability of the agricultural sector.
During a special ceremony marking the partnership, HNB Deputy General Manager of the Retail Banking Group Sanjay Wijemanne and representatives from Hayleys Agriculture were present to exchange the MoU and express their shared enthusiasm for this renewed collaboration.
“The agricultural sector is projected to contribute significantly to the country's economy in 2024.
In light of these projections and the challenges faced by the industry, we find it crucial to extend our support to the sector.
By renewing our longstanding partnership with Hayleys Agriculture, we aim to offer affordable facilities that will enable our customers to scale their businesses,” HNB Deputy General Manager – Retail Banking Group, Sanjay Wijemanne said.
HNB, in its commitment to facilitating accessibility, has introduced a low down payment facility for various agricultural machinery through its branches island-wide.
Furthermore, HNB offers their Prestige Prime value-added credit card, waiving the first-year annual fee, and has collaborated with HNB General Insurance to provide customers with discounted insurance premiums and a free life insurance cover worth Rs. 4.5 million for accidental deaths, with an additional Rs. 600,000 cover for natural deaths.
Jayanthi Dharmasena Managing Director - Hayleys Agriculture Holdings Limited also underscored the profound significance of supporting the sector in Sri Lanka, remarking,
"We are delighted to continue this strategic alliance with HNB, where financial empowerment meets agricultural innovation.
Our collaboration is more than a partnership; it's a shared commitment to cultivate progress and elevate the agricultural landscape in Sri Lanka.
Together, we aim to sow the seeds of prosperity, nurturing a harvest of sustainable growth for our farming communities."
Hayleys Agriculture presents an array of exclusive benefits for HNB customers, including a structured buyback plan based on the invoice value and specific time periods for repossessed tractors and combine harvesters.
Hayleys Agriculture Holdings Limited is the market leader in the agricultural industry, with a focus on modernizing the Sri Lankan agriculture sector through the mechanization of farming practices and prioritizing customer satisfaction.
Island wide professional aftermarket services, genuine spare parts and a responsive call center facility ensuring farmers receive reliable support nationwide are a few of the value -added services offered.
The company has been at the forefront of introducing innovative and advanced technology to enhance productivity and efficiency in the Sri Lankan agriculture sector.
With 254 customer centres and 800+ Self Service Machines (SSMs) nationwide, HNB is one of Sri Lanka’s largest, most technologically innovative private banks.
Consolidating its legacy in sustainability, good governance and corporate excellence, HNB was crowned the Best Corporate Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards.
HNB was also ranked among the World’s Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for the sixth consecutive year in 2022.
This accolade accompanied HNB being recognized as the Best Bank for SMEs at the Asia money Awards 2023, along with being crowned the Best Retail Bank in Sri Lanka for the 13th occasion at the prestigious International Excellence in Retail Financial Services Awards 2023 hosted by the Asian Banker Magazine.
Image HNB Deputy General Manager - Retail Banking Group, Sanjay Wijemanne and Hayleys Agriculture Holdings Limited Managing Director, Jayanthi Dharmasena exchanging the MoU in the presence of (from left): HNB Assistant Manager - Business Development – Leasing, Mahesh Rathnayake, HNB Assistant Manager – Leasing, Roshan De Silva, HNB Senior Manager - Micro Finance, Pujitha Jayawaradena, HNB Head of Leasing, Susith Perera, HNB Assistant General Manager – PFS, Kanchana Karunagama, Hayleys Agriculture Holdings Limited Deputy Managing Director, Lushan Abesekara, Hayleys Agriculture Holdings Limited Equipment Division General Manager, Sumith Herath, Hayleys Agriculture Holdings Limited Sales Manager Heavy Machinery, Ahamad Sathique and Hayleys Agriculture Holdings Limited Assistant Manager Head of Tractor Sales, Nuwan Niroshan.