NDB Bank has signed a Memorandum of Understanding (MoU) with United Motors Lanka PLC (UML), one of Sri Lanka’s most pioneering and highly respected automobile companies with over eight decades of industry leadership. This strategic partnership enables customers to access flexible, affordable, and innovative leasing solutions across UML’s renowned range of passenger and commercial vehicles.
Through this collaboration, NDB customers will be able to finance Mitsubishi passenger vehicles, supported by UML’s extensive after-sales network and trusted reputation. With tailor-made leasing facilities offering fast approvals, minimal documentation, flexible repayment terms, and no guarantor requirements, customers will enjoy unmatched convenience in owning globally renowned brands under UML’s portfolio.
The partnership also extends to UML’s commercial vehicle range, including Mitsubishi Fuso Trucks and Rosa buses, which are vital to SMEs and larger enterprises alike. NDB’s structured financing packages are designed to empower businesses with reliable transport solutions, driving entrepreneurship and industry growth across the country.
Commenting on the partnership, Dilum Amarasinghe, Assistant Vice President – Leasing at NDB Bank, stated, “This partnership with United Motors Lanka reflects our shared commitment to empowering Sri Lankans with reliable, world-class vehicles and accessible financial solutions. By combining UML’s legacy of excellence with NDB’s customer-focused leasing facilities, we are proud to support individuals and businesses in achieving their aspirations.”
With its island-wide dealer network of over 2,500 outlets and an unmatched reputation in the automotive industry, UML continues to stand as a leader in mobility solutions. Together with NDB’s financial expertise and reach, this collaboration sets the stage for a stronger, more inclusive future for Sri Lanka’s vehicle owners and entrepreneurs.
NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. NDB was named Sri Lanka's Best Digital Bank for SMEs at Euromoney Awards for Excellence 2025 and was awarded Domestic Retail Bank of the Year - Sri Lanka and Sri Lanka Domestic Project Finance Bank of the Year by Asian Banking and Finance Magazine (Singapore) Awards 2024. NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group. The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.
