Citizens Development Business Finance PLC (CDB) has ventured into the hybrid car market, offering innovative leasing solutions with competitive interest rates to its customer base.

“By driving vehicles which help keep the environment pollution-free, hybrid car owners are doing the country a service. It is with this in mind that we are providing them with a special plan, centred around the theme “Lesser burden on your pocket, greener for the planet,” said Sasindra Munasinghe, Director and Chief Credit Officer, CDB.

In addition, CDB is carrying out an island-wide tree planting campaign, going from house to house to educate the public on the need to plant trees and protect the environment.

CDB is currently offering a flexible repayment plan at a special interest rate, which extends to all the major hybrid vehicles in the market, including Toyota Aqua, the Prius, Axio Hybrid and Honda Fit.

“We aim to provide our customers with swift, convenient service, and this is why we tied up with eZ cash. In fact, we consider our customer service to be a key differentiator in the market,” said Munasinghe.

 “We have introduced a tailor-made product for ladies, as well as a separate product for those aspiring to own a vehicle. This is part of CDB's plan to explore new avenues, such as corporate and machinery leasing. For instance, we are looking to gain a foothold in the tourism, construction and medical sector. Given the growth witnessed in these areas, we see opportunities to expand and diversify our own leasing portfolio,” Munasinghe said.