📈 CDB and Micro Cars Partner to Offer Customised Vehicle Financing Solutions

Citizens Development Business Finance PLC (CDB) has signed a Memorandum of Understanding (MoU) with Micro Cars Ltd. to provide exclusive, tailored financial solutions for Micro vehicle buyers. Key Highlights: • Strategic Partnership: The collaboration aims to accelerate vehicle accessibility in Sri Lanka by offering simplified financing processes, flexible repayment tenors, and exclusive insurance benefits for both personal and commercial vehicles. • Broad Market Coverage: The agreement supports vehicle ownership across diverse categories. Micro Cars is the authorised distributor for MG, Chery, SsangYong, and Higer, spanning petrol, hybrid, plug-in hybrid (PHEV), and fully electric (EV) options. • Economic Context: The initiative leverages CDB's financial network alongside Micro Cars' 30-year legacy in the local automotive market to meet evolving consumer mobility needs amidst shifting fuel and technology preferences.