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COMBank, Prestige Automobile offer dream deals for BMW 5 Series

Aug 23, 2011 3:56:46 PM - www.ft.lk

Dreams of owning a luxury BMW 5 Series car can now be a reality at a significant cost saving with the launch of a special promotion by Commercial Bank, the Bank rated internationally as Sri Lanka’s best, in association with Prestige Automobile (Pvt) Ltd, the local agent for the iconic brand.

Under an agreement entered into by the two parties recently, Prestige Automobile will offer handsome trade discounts on the standard price of a BMW 5 Series car leased through Commercial Bank, up to 15th November 2011. Complementing this discount, Commercial Bank will offer very attractive lease rentals and will arrange for special insurance schemes for lessees through Commercial Insurance Brokers, an associate of the Bank.
Discounts on prices and attractive rentals are also on offer for other BMW models sold by Prestige Automobile and leased through Commercial Bank during this period.
 “We believe that present and prospective customers of Sri Lanka’s best bank should enjoy exclusive benefits like these,” said Nugent Kapuwatte, Head of Leasing and Personal Loans at the Bank. “This promotion, just weeks after our ‘Leasing Month,’ which also offered a range of enticing deals, represents our continuous commitment to providing the best offers to our customers.”
He added that in addition to other benefits, Commercial Bank will leverage its extensive network of 200 service points to offer a speedy service to customers.
The Bank launched its inaugural Leasing Month in July this year with tie-ups with several leading automobile vendors and introduced a range of benefits for customers including competitive rental rates and special insurance covers.
Commercial Bank is one of the leading leasing service providers in the country and is a member of the Leasing Association of Sri Lanka. It provides leasing facilities for a range of assets of diverse values including machinery.
The largest private bank in Sri Lanka, Commercial Bank is also the most internationally lauded financial institution in the country. The Bank has been adjudged ‘Best Bank in Sri Lanka’ for 13 consecutive years by the ‘Global Finance’ Magazine and has won multiple awards as the country’s best bank from ‘The Banker,’ ‘FinanceAsia,’ ‘Euromoney’ and ‘Trade Finance’ magazines.
Prestige Automobile (Pvt) Ltd. has represented the Luxury German Brand, BMW (Bavarian Motor Works) in Sri Lanka since 1996.