LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC, has announced the signing of a strategic partnership with Euro Motors Pvt Ltd., marking a significant step towards redefining accessibility to vehicle ownership through innovative and customer-centric financial solutions.

The Memorandum of Understanding (MOU), signed on 20th April at the LOLC Head Office in Rajagiriya, formalises a partnership aimed at delivering convenient and tailored Alternate Financial Solutions (AFS) to customers of Euro Motors. The agreement was signed by Mr. Montini Warnakula, Chief Operating Officer of LOLC Finance PLC, representing LOLC Al-Falaah, and Mr. Ravindra Senarathne, Chief Operating Officer of Euro Motors (Pvt) Ltd.

Through this collaboration, LOLC Al-Falaah will play a pivotal role in providing flexible and convenient financing solutions designed to facilitate vehicle ownership for Euro Motors customers. These offerings will be extended across Euro Motors’ entire vehicle portfolio, including globally recognised brands such as Jetour, Dongfeng, and JAC, covering both commercial and passenger segments. The solutions will be made accessible across all Euro Motors showrooms and retail outlets, ensuring greater convenience and seamless customer reach.

Commenting on the partnership, Mr. Montini Warnakula, Chief Operating Officer of LOLC Finance PLC stated, “This partnership reflects our continued commitment to expanding inclusive financial access through innovative and ethically grounded solutions. By partnering with Euro Motors, we are enabling customers to realise their mobility aspirations through flexible financing structures that align with their needs and values.”

Euro Motors (Pvt) Ltd., a member of the KDG Global Group of Companies, has established itself as a trusted provider of economical and reliable mobility solutions. With a strong presence across an expanding network and a diverse vehicle portfolio, the company continues to meet evolving customer needs while strengthening its position in Sri Lanka’s automotive sector.

Speaking on the collaboration, Mr. Ravindra Senarathne, Chief Operating Officer of Euro Motors (Pvt) Ltd. noted, “Partnering with LOLC Al-Falaah allows us to enhance the value we offer our customers by integrating flexible financial solutions with our vehicle offerings. This synergy ensures that customers can access dependable mobility solutions with greater ease and confidence.”

This partnership brings together financial innovation and automotive expertise, creating a powerful synergy that aligns shared visions of customer empowerment, accessibility, and long-term value creation. By combining LOLC Al-Falaah’s leadership in alternate finance with Euro Motors’ strong market presence, the collaboration is poised to deliver a holistic and differentiated customer experience, setting a new benchmark in the industry.