We are proud 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 TVS Lanka (Pvt) Ltd, one of the island’s leading names in the two- and three-wheeler industry.
Through this partnership, CBC Finance will provide exclusive leasing facilities for the TVS iQube Electric Scooter (EV) and a wide range of motorcycles, offering low initial payments and attractive interest rates. This initiative reflects our shared vision of promoting eco-friendly transportation and making affordable mobility solutions accessible to all Sri Lankans.
The MoU was officially signed on June 18 by Mr. Chamilantha Fernando, Managing Director/Chief Executive Officer of CBC Finance Ltd, and Mr. Geethal Anthony, Managing Director of TVS Lanka (Pvt) Ltd.
Also present at the signing were Mr. Rangana Shamil Kumara, Head of Business Development – CBC Finance, and Mr. Raveendra Ranasinghe, Senior Manager – Three-Wheelers/Motorcycles, along with other CBC Finance officials. Representing TVS Lanka were Ms. Dayani Thulshika, Chief Financial Officer, and Mr. Malaka Wehella, Assistant General Manager – Sales, along with other company executives.
