Hayleys Mobility and CDB sign MoU to introduce financial solutions for range of vehicles

Citizens Development Business Finance PLC (CDB) has entered into a Memorandum of Understanding (MoU) with Hayleys Mobility Limited, the mobility division of Hayleys Fentons Limited, to unveil exclusive financial solutions designed specifically for electric and hybrid vehicles. This announcement was made on June 16, 2026. The collaboration aims to provide enhanced convenience and flexibility for customers by offering customized financial products, adaptable repayment options, and unique insurance benefits. Additionally, Hayleys Mobility customers will benefit from lifetime annual fee waivers on CDB credit cards, ensuring a more efficient financing experience when acquiring vehicles.

Mahesh Nanayakkara, Managing Director of CDB, commented on the collaboration, stating, “As we work towards achieving Net Zero by 2030, we are inspired to develop financial solutions that add value for our customers. Our partnership with Hayleys Mobility demonstrates our dedication to offering innovative services and exclusive advantages to vehicle purchasers across Sri Lanka. Together, we are creating a streamlined financing process that promotes sustainable transportation and improves customer satisfaction.”

Hasith Premathilake, Managing Director of Hayleys Fentons Limited, remarked, “This partnership illustrates Hayleys Fentons’ commitment to creating a future-ready ecosystem that integrates engineering capabilities, charging infrastructure, and structured financial solutions for Sri Lankan consumers. We are pleased that CDB has joined forces with Hayleys Solar, furthering its commitment to sustainable energy. Through our collaboration with Hayleys Mobility, we aim to maintain our momentum in sustainability by providing solutions that transition from renewable energy to cleaner, smarter transportation. Partnering with a respected institution like CDB enhances our ability to make advanced vehicles accessible to a wider audience in Sri Lanka.”

Roshani Dharmaratne, Executive Director of Hayleys Mobility Limited, added, “Eliminating obstacles to vehicle ownership can significantly impact customers. By merging CDB’s financial proficiency with Hayleys Mobility’s diverse vehicle offerings, we are empowering consumers to adopt cleaner mobility solutions now rather than later.”

This partnership aligns perfectly with CDB’s Sustainability Agenda, which focuses on achieving Net Zero by 2030 and promoting sustainable mobility options. By offering specialized financing for electric and hybrid vehicles, the collaboration with Hayleys Mobility directly contributes to CDB’s efforts to foster eco-friendly transportation and minimize carbon emissions. Together, both organizations are not only improving customer convenience but also propelling Sri Lanka toward a more sustainable and environmentally friendly future.