The People’s Bank has entered into a Memorandum of Understanding (MoU) with Hayleys Agriculture Holdings Ltd, a provider of agricultural machinery and vehicles to fortify Sri Lanka’s agricultural landscape.
This collaboration, designed to facilitate a joint promotional campaign, is poised to usher in a new era of financial accessibility and technological adoption for the country’s agricultural community.
Under the terms of this alliance, People’s Bank assumes a pivotal role by offering bespoke loan facilities to clients with specific requirements pertaining to agricultural machinery and vehicles. This financial framework aims to empower farmers, providing them with the means to invest in cutting-edge equipment that holds the potential to enhance overall agricultural efficiency and productivity.
Concurrently, Hayleys Agriculture Holdings Ltd, acknowledged for its premium assortment of high-calibre machinery and vehicles tailored for the agricultural domain, will complement this financial support by extending exclusive discounts to clients availing loans through People’s Bank.