DFCC Leasing partners with John Keells CG Auto to Provide Flexible and Affordable Leases for BYD Vehicles

Driven by its commitment to a sustainable future, DFCC Bank supports Sri Lanka's growing demand for electric vehicles (EVs) through a new partnership between DFCC Leasing and John Keells CG Auto – the authorised agent for BYD passenger vehicles in Sri Lanka. An official ceremony was held on the 24th of October 2024 to mark the occasion, with Shamindra Marcelline – Deputy CEO, and Aasiri Iddamalgoda – Senior Vice President of Retail Banking and SME representing DFCC Bank, while John Keells CG Auto was represented by Charith Panditharatne, General Manager of John Keells CG Auto and Sharjoon Ahamed, Head of Finance of John Keells CG Auto. Also present from DFCC Bank were Asanka Patabadige, Assistant Vice President and Head of Leasing, and Chamara Peiris, Senior Manager of Leasing and Product Development. 

This collaboration paves the way for customers looking for affordable yet environmentally friendly vehicles to make the dream of owning an electric vehicle a reality via DFCC Leasing. With a commitment to delivering true customer value, DFCC Leasing offers the most competitive leasing solutions, providing the lowest lease rentals and unmatched flexibility with customisable leasing plans tailored to individual needs. The partnership also embodies the bank's reputation for delivering financial products that address its customers' current and future needs. 

Aasiri Iddamalgoda – Senior Vice President | Retail & SME at DFCC Bank, highlighted the significance of this collaboration, "We are pleased to partner with John Keells CG Auto to offer our customers the most competitive leasing solutions for electric vehicles. This strategic move aligns with our commitment to supporting Sri Lanka's transition to greener, more sustainable modes of transport. It also allows us to harness the synergies emerging from our strong brands and reputed names in Sri Lanka. More Sri Lankans can now experience the benefits of owning high-quality BYD EVs, made affordable with convenient leasing options and flexible repayment plans from DFCC Leasing."

Charith Panditharatne, General Manager of John Keells CG Auto, added, "Our partnership with DFCC Leasing marks a notable step forward in making electric vehicles more accessible to consumers across Sri Lanka. At John Keells CG Auto, we remain steadfast in our commitment to providing innovative and sustainable mobility solutions that pave the way for a better future. Through this collaboration, we are driving the adoption of e-mobility by offering comprehensive solutions while investing in the infrastructure needed to support Sri Lanka's transition towards a more sustainable tomorrow."

Electric vehicles are rapidly becoming the future of transportation, driven by their environmental benefits and long-term cost efficiency. However, affordability and flexibility remain key concerns for potential EV buyers in Sri Lanka. Recognising this, DFCC Leasing, the fastest-growing leasing solutions provider in the market, now offers a streamlined solution and a clear path to EV ownership. Accordingly, this new partnership reflects DFCC Bank's commitment to addressing the evolving needs of its customers while supporting the country's move towards a greener future. 

To learn more about DFCC Leasing's ultra-competitive solutions for EV financing, call 112350000 or visit any DFCC Bank branch or the BYD Auto Lanka showroom.

L- R : Dilan Bandara-Head of Operations- JKCG Auto ,  Minoshala Nissanka-Head of Marketing, JKCG Auto, Krishan Fernando-Head of Sales, JKCG Auto, Chathuranga Kahawatte- Head of After Sales, JKCG Auto , Sharjoon Ahamed- Head of Finance & Product Specialist, JKCG Auto, Charith Panditharatne- General Manager - JKCG Auto, Shamindra Marcelline – Deputy Chief Executive Officer, DFCC Bank PLC, Aasiri Iddamalgoda – SVP – Retail Banking & SME, Asanka Patabadige – Assistant Vice President – Consumer Assets, DFCC Bank PLC, Chamara Peiris – Senior Manager- Leasing & Product Development, DFCC Bank PLC, Ann Silva – Senior Legal Officer- DFCC Bank PLC.

About DFCC Bank

DFCC Bank is a full-service commercial bank with a rich history of 68 years and offers a diverse range of commercial and development banking services. As part of its Sustainability Strategy 2020-2030, the Bank aims to become a leading institution contributing to greater resilience by creating resilient businesses and supporting green financing and sustainable, socially responsible entrepreneurship. The Bank has received numerous accolades, including being named the 'Most Trusted Retail Banking Brand' and the 'Best Customer Service Banking Brand' in Sri Lanka in 2021 by Global Brands Magazine UK and 'Market Leader and Best in Service in Cash Management 2022' by Euromoney. Additionally, DFCC Bank is ranked among Business Today's Top 40 Corporates in Sri Lanka, is rated A- (lka) by Fitch Ratings Lanka Limited and is regulated by the Central Bank of Sri Lanka. Attesting to its commitment to sustainability, DFCC Bank is also the first, and presently only, entity in Sri Lanka to have received accreditation from the Green Climate Fund (GCF), granting it access to concessionary funding worth USD 250 million to support climate mitigation and adaptation projects across the Island.

About JKCG Auto

John Keells CG Auto (Private) Limited (JKCG) is a subsidiary of John Keells Holdings PLC and CG Auto Pte. Ltd, having entered the automotive industry in 2023. JKCG Auto is the authorized distributor of BYD passenger vehicles, parts, and services in Sri Lanka, committed to building customer confidence in New Energy Vehicles (NEVs) and setting new standards for NEVs while supporting the development of an ecosystem for NEVs in Sri Lanka.