Toyota Lanka announces ground-breaking new partnership with HNB
Wed, 28 Aug 2019 |Toyota Lanka announces ground-breaking new partnership with HNB
–..HNB launches first ever co-branded credit card with an automotive brand.
–..Lifetime annual fee waiver on monthly expenses of more than Rs. 25,000 or Rs. 300,000 annually.
–..10% discount on all genuine Toyota spare parts and motor oils in services, mechanical repairs & purchases at Toyota service centres/ spare part outlets.
Sri Lanka’s most popular retail bank, HNB PLC, announced another landmark partnership with the island’s leading automotive giant, Toyota Lanka, to launch a unique co-branded credit card packed with a host of special benefits to reward their sizeable base of mutual customers.
All of HNB’s Toyota co-branded cardholders will gain free lifetime access to credit card fees on monthly expenses of more than Rs. 25,000 or Rs. 300,000 annually where the 1st year annual fee will be charged and reimbursed only at the end of the year. In addition, cardholders will also be eligible for a 10% discount on all genuine Toyota spare parts and motor oils in services as well as all mechanical repairs and purchases from Toyota Service Centres and Spare Parts outlets.
“Toyota is a brand that is globally synonymous with precision engineering, quality, and focused innovation. Locally too Toyota holds a special place in the heart of Sri Lankans, and much like HNB, it remains one of the most popular brands for those seeking optimal value for their investment.
“Given that HNB also caters to the needs of one of the largest customer bases in the banking industry, there is naturally a great deal of overlap between HNB and Toyota, and that is why we are excited to announce this momentous partnership. We always aim to provide our customers with the best possible value. With the Toyota-HNB co-branded card we have really delivered on this promise,” HNB Deputy General Manager, Sanjay Wijemanne said.
In addition to the offers for co-branded cardholders, HNB Leasing and Personal Loan customers will also be able to take advantage of the bank’s ground breaking partnership with Toyota. Clients who purchase brand new Toyota vehicles utilizing a loan or leasing facility from HNB will be entitled to 50% off on motor insurance for a full year.
These deals will also be clubbed with a host of other offers for HNB cardholders including up to 100% off on cardholder tickets and 20% off on Hotel Bookings made through Findmyfare.com, as well as a special 5% discount on online purchases made from WOW.lk, with a maximum discount of Rs. 10,000 per transaction. Notably, all HNB card-related deals and promotions will also be open to HNB Toyota Co-branded credit cardholders.
Moreover, HNB Leasing and Personal Loan customers will have their rewards maximized in the form of a warranty for either a 3-year period or on the first 100,000 km on new vehicles, as well as three free vehicle services – including costs for labour, spare parts and other equipment – at 1000km, 5000km, and 10,000km/
The loans and leasing facilities offered by HNB for Toyota vehicles will be coupled with highly attractive interest rates, while customers upon purchase of a new Toyota vehicle will also be able to avail themselves of free vehicle registration as well as 50% residual from lease value, and an unprecedented 100% interest rebate on early settlements of leases with HNB.
HNB was adjudged ‘Best Managed Bank in Sri Lanka’ by the prestigious Asian Banker Magazine while the Bank’s Managing Director/CEO, Jonathan Alles was also conferred with Asian Banker ‘CEO Leadership Achievement’ award in addition to being declared ‘Sri Lanka’s Best Bank’ for 2019 by Euromoney Magazine for the third time, and being ranked first among Sri Lankan banks in its ranking among the Global Top 1000 Banks by the prestigious UK-based, Banker magazine.
Operating through 250 customer centres across the country, HNB is one of Sri Lanka’s largest and most innovative banks, having won recognition from numerous international and local institutions for its achievement of excellence in diverse fields. HNB was also the first Sri Lankan bank to obtain an international credit rating and was assigned a foreign currency issuer rating of B1 on par with the sovereign rating by Moody’s Investors Service, while it has a national long term rating of AA- (lka) by Fitch Ratings (Lanka) Ltd
Picture shows, (L to R), Santosh Kumar, MasterCard Country Manager – Sri Lanka & Maldives, Sanjay Wijemanne, Deputy General Manager – Retail Banking, HNB, Jonathan Alles, Managing Director /CEO, HNB, Shungo Yoshioka, Managing Director, Toyota Lanka and Manohara Atukorala, Director / Chief Operating Officer, Toyota Lanka