We are pleased to announce the signing of a strategic Memorandum of Understanding (MoU) between CBC Finance Ltd. — a fully owned subsidiary of Commercial Bank of Ceylon PLC — and Milton Etec Lanka Pvt Ltd.

The MoU was formally signed on July 15, 2025, by Mr. Chamilantha Fernando, Managing Director/Chief Executive Officer of CBC Finance Ltd., and Mr. Milton Hewabralage, Managing Director of Milton Etec Lanka Pvt Ltd.

The signing ceremony was graced by the presence of Mr. Rangana Shamil Kumara, Head of Business Development – CBC Finance, and Mr. Raveendra Ranasinghe, Senior Manager – Three-Wheelers/Motorcycles, together with other officials from CBC Finance. Representing Milton Etec Lanka Pvt Ltd. were Mr. Kevin Alwis, Manager, and Mr. Oshada Hewabralage, Operational Manager.

This partnership marks a significant step towards enhancing collaboration and expanding opportunities in the financial and automotive sectors.

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