Pan Asia Bank, the Truly Sri Lankan Bank, has signed a Memorandum of Understanding (MoU) with Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, to provide customers with tailored financing options for solar solutions.
Under the MoU, Pan Asia Bank will offer customers special loan packages to purchase solar and battery solutions from Hayleys Solar. With the Bank’s flexible financing and Hayleys Solar’s nationwide installation capabilities, customers can shift to solar with ease, significantly reduce their monthly electricity bills or bring them close to zero, freeing up more funds to spend on other priorities while enjoying an affordable and hassle-free process.
Naleen Edirisinghe Director/CEO of Pan Asia Bank said “This collaboration with Hayleys Solar reflects our commitment to delivering practical, customer-focused financial solutions. By making solar investments more accessible, we are not only helping customers reduce their electricity costs but also contributing towards the nation’s broader sustainability targets.”
The partnership is built for customers who want predictable monthly outlays without tying up working capital. From clear, upfront pricing to repayment plans aligned with expected bill reductions, the proposition is straightforward: easier budgeting, and a smoother path to ownership.
Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, predominantly focuses on Solar PV installations for the residential, commercial, and industrial market segments, as well as utility-scale projects, enabling greater utilisation of sustainable energy resources in the country. Hayleys Solar has completed over 500 MWp of solar installations island-wide, making it the undisputed leader in Solar Engineering, Procurement, and Construction (EPC) in Sri Lanka.
Pan Asia Bank, the Truly Sri Lankan Bank, is one of the leading financial institutions in Sri Lanka, known for delivering world-class products and services. As a pioneer in Sri Lanka’s banking industry, Pan Asia Bank has many firsts, to its credit across technology platforms, unique products and superlative service. The Bank has developed a unique reputation and culture of being ambitious, results-oriented, respectful and caring, and supportive of traditional values - a true testament of the brand’s positioning as a Truly Sri Lankan Bank. Pan Asia Banks’ spirit of innovation and growth coupled with a prudent approach to growth and risk have served it well in the most challenging years in the banking industry.