Commercial Bank ties up with David Pieris Automobiles to offer preferential leasing for GWM and BAIC vehicles

• 25 Feb 2026
• 0

Commercial Bank of Ceylon has entered into a strategic partnership with David Pieris Automobiles to offer specially structured leasing packages for selected Great Wall Motors (GWM) and BAIC vehicles, in a move aimed at expanding access to new vehicle ownership through flexible financing.

Under the collaboration, Commercial Bank will provide leasing facilities through its islandwide branch network to part-finance a range of GWM and BAIC models marketed by David Pieris Automobiles. The bank said customers will benefit from preferential interest rates, concessions on documentation charges, and a complimentary credit card with the first-year annual fee waived.

Repayment plans will also be tailored to match customers’ income cycles, improving affordability and enabling more manageable vehicle ownership, the bank noted.

David Pieris Automobiles, the four-wheeler arm of the David Pieris Group, distributes BAIC models including the X55, BJ30 and BJ40, as well as GWM vehicles such as the Haval H6 HEV, H6 PHEV, H6 GT PHEV, TANK 300 HEV and TANK 500 HEV in Sri Lanka. To complement the financing offer, the company will provide additional value-added benefits, including free vehicle registration and two labour-free services.

The partnership is further supported by manufacturer-backed warranties. GWM hybrid and plug-in hybrid vehicles come with engine warranties of up to six years or 200,000 kilometres and battery warranties of up to eight years or 160,000 kilometres, depending on the model. BAIC models included in the promotion carry engine warranties of up to three years or 100,000 kilometres.

The joint promotion will run until 30 January 2027 and forms part of Commercial Bank’s broader strategy to collaborate with established automotive distributors to deliver competitive and customer-focused leasing solutions.

As one of Sri Lanka’s leading private sector lenders and a pioneer in vehicle leasing, Commercial Bank said it remains focused on offering attractive and affordable financing structures to support both existing and new customers seeking to purchase vehicles under preferential terms.

With flexible repayment options and bundled benefits, the bank expects the partnership to enhance accessibility to new mobility solutions while supporting customers in maintaining financial discipline.

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