NDB STRENGTHENS MOBILITY SOLUTIONS IN SRI LANKA THROUGH STRATEGIC PARTNERSHIP WITH TOYOTA LANKA
National Development Bank PLC (NDB) has entered into a landmark Memorandum of Understanding (MoU) with Toyota Lanka, reinforcing the Bank’s commitment to offering customers convenient, flexible, and affordable leasing solutions for some of the world’s most trusted vehicles.
This partnership brings together two institutions known for their unwavering focus on service excellence, NDB as a leading financial solutions provider and Toyota Lanka as the exclusive dealer and distributor of Toyota and HINO vehicles in Sri Lanka. Through this collaboration, customers will benefit from attractive leasing facilities designed to make vehicle ownership easier and more accessible, supported by NDB’s expertise in personalised financial advisory and Toyota’s reputation for quality, durability, and innovation.
Under the MoU, NDB will extend a range of customised leasing options for Toyota vehicles, ensuring customers enjoy competitive rates, faster processing, and a seamless financing experience. The partnership also strengthens NDB’s growing portfolio of mobility-focused financial offerings, aligning with the Bank’s long-term strategy of empowering individuals, professionals, and businesses with practical and future-ready solutions.
Commenting on the partnership, Sanjaya Perera – Senior Vice President Personal Banking & Customer Experience stated. “at NDB, our focus has always been to empower customers with meaningful financial solutions that elevate their lifestyles while ensuring long-term value. Our partnership with Toyota Lanka strengthens this commitment by enabling individuals and businesses to access trusted mobility solutions through flexible and customer-centric leasing facilities. Together, we look forward to supporting Sri Lanka’s mobility ecosystem with greater affordability, convenience, and confidence.”
Reflecting his sentiments Manohara Atukorala – Managing Director / Chief Executive Officer of Toyota Lanka, stated, “At Toyota Lanka, we are committed to enriching lives through sustainable mobility. Our partnership with NDB strengthens this mission by enabling more customers to experience the quality and reliability of Toyota vehicles with greater ease. Together, we strive to advance our shared vision of promoting safer, smarter, and more accessible mobility for all Sri Lankans.”
Toyota Lanka, established in 1995, is a fully owned subsidiary of Toyota Tsusho Corporation (TTC), Japan, and a key member of the globally respected Toyota Group. As the pioneer of the ‘one-stop-shop’ automobile model in Sri Lanka, the company continues to set industry benchmarks by providing integrated mobility solutions—from passenger cars and SUVs to commercial vehicles, trucks, and advanced material handling equipment.
Through this partnership, NDB reinforces its commitment to empowering customers with meaningful financial solutions that enhance convenience, reliability, and long-term value. As mobility evolves, NDB remains dedicated to enabling access to trusted global brands, supporting both individual and business aspirations across the country.
NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. NDB was named Sri Lanka’s Best Digital Bank for SMEs at the 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 its capital market subsidiaries, together forming a unique banking and capital market services group. The Bank continues to empower the nation through meaningful financial and advisory services powered by modern digital banking solutions.
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 awards Domestic Retail Bank of the Year – Sri Lanka and Islamic Banking Initiative of the Year – Sri Lanka at the Asian Banking & Finance Retail Banking Awards 2025. 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.
