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HNB and Browns Agriculture extend partnership for nationwide agricultural growth

05 Aug 2024 - {{hitsCtrl.values.hits}}      

HNB Head of Retail Banking – Kanchana Karunagama (left) and Sanjaya Nissanka exchanging the MoU 


 

 

In support of ongoing national efforts to modernise agricultural productivity and exports, HNB PLC has renewed its partnership with Browns Agriculture to offer maximum value to leasing customers on select agri-machinery.

The renewed collaboration creates structured value-added leasing packages for Browns Agriculture tractors and harvesters designed to ensure the nation’s farming community can still access high-quality agri-machinery despite the challenging economic environment.  

“The modernisation of our agriculture sector is critical for Sri Lanka and a shared mission for HNB and Browns Agriculture. As the country’s partner in progress, we are committed to helping our agricultural community build on this success and reach their fullest potential. Renewing our partnership with Sri Lanka’s pioneer in agricultural mechanisation, Brown’s Agriculture, is a significant step toward this shared goal,” HNB Head of Retail Banking, Kanchana Karunagama said.  

HNB leasing customers will be provided with concessionary terms on interest rates, as well as a value-added credit card to supplement their business, with the first year’s fee waived. Offering additional security, customers will also gain access to attractive discounted insurance premiums from HNB General Insurance, as well as free life insurance with accident coverage up to Rs. 4.5 million.

To further enhance the value provided to farmers, Browns Agriculture will also have a 2-year or 2,000-hour warranty period for the sale of TAFE tractors, as well as 4 labour-free doorstep services, free registration and first-year insurance premiums on selected TAFE tractors. Browns Agriculture will additionally provide a 6-month (or 300-hour) warranty for specific brands of harvesters, along with 3 labour-free doorstep services for the purchase of YANMAR and SUMO harvesters.

“The renewal of our partnership with HNB underscores our shared commitment to supporting the agricultural sector during this crucial phase of the nation’s efforts towards economic revival,” Browns Agriculture Cluster Chief Operating Officer & Sanjaya Nissanka said.