Daily Mirror - Print Edition

Pan Asia Bank and Indra Traders partner to unveil vehicle leasing deals

14 Dec 2023 - {{hitsCtrl.values.hits}}      

Present at the MoU signing from Pan Asia Bank - Naleen Edirisinghe – Director/CEO; Shiyan Perera – AGM – Retail Credit; Sirimevan Seneviratne – Head of Marketing and the leasing team; along with the Indra Traders team, including Hashindra Silva – Director Sales and Marketing; Krishnakumar Kanishkar – Manager Sales and Marketing and Rasika De Silva – Regional Manager 

Pan Asia Bank announced its partnership with Indra Traders to provide attractive leasing facilities with so many added benefits to Sri Lankans who are planning to go for a new vehicle or an upgrade. 
The bank will be promoting vehicles from Indra Traders amongst its leasing customers, while Indra Traders will market Pan Asia Bank. The Memorandum of Understanding (MoU) which was signed recently by both Pan Asia and Indra Traders enable both parties to leverage on expertise of each other to create a unique value proposition. Present at the MoU signing from Pan Asia Bank - Naleen Edirisinghe – Director/CEO; Shiyan Perera – AGM – Retail Credit; Sirimevan Seneviratne – Head of Marketing and the leasing team; along with the Indra Traders team, including Hashindra Silva – Director Sales and Marketing; Krishnakumar Kanishkar – Manager Sales and Marketing and Rasika De Silva – Regional Manager.


The partnership will witness Pan Asia Bank attract Indra Traders’ customers to its unique leasing products, namely, Budget Plus and Business Plus. Budget Plus enables customers to pay a smaller lease rental during the lease period and a bulk at the end of lease, while Business Plus is designed for the business community for short term business requirements where they only need to pay interest and pay the capital at the end of lease. Indra Traders’ customers will also receive a faster and a friendly doorstep service including a one-day lease facility. The Bank offers attractive tenor-based leasing rates. Overall, the collaboration will provide mutual benefits to customers of both Pan Asia Bank and Indra Traders.