Economics

ComBank Agriculture Partnership Boosts Modern Farming

The ComBank agriculture partnership with Browns aims to accelerate Sri Lanka’s shift toward modern, technology-driven farming. Through this collaboration, farmers and agri-entrepreneurs gain improved access to machinery, financing, and long-term support essential for productivity. The initiative strengthens efforts to promote inclusive, sustainable agricultural development across the country.


ComBank agriculture partnership expands access to modern machinery for
Sri Lankan farmers


The ComBank agriculture partnership marks a significant investment in Sri Lanka’s agricultural transformation, building on the Commercial Bank of Ceylon’s longstanding commitment to SME development and rural empowerment. Through a newly formalised Memorandum of Understanding with Brown & Company PLC, the bank will expand access to advanced machinery and smart farming technologies for farmers and agri-entrepreneurs nationwide. This collaboration aligns with the broader mission of modernising agriculture by improving productivity, reducing operational costs, and strengthening climate resilience.

Under the agreement, Commercial Bank will introduce special leasing options through its Agri Lease and Diribala Green Development Loan Scheme. These facilities support the purchase of agricultural vehicles, machinery, irrigation systems, protected agriculture setups, and post-harvest equipment marketed by Browns Agriculture. The structure allows customers to access modern technology with minimal financial strain, helping them adopt more efficient and environmentally responsible farming practices. Future updates, such as revised leasing terms or promotional interest rates, can be adjusted with placeholders like [insert date], [insert rate], or [insert facility amount].

Browns Agriculture will complement these financing options with exclusive benefits that enhance customer value. Farmers purchasing equipment under this promotion will receive advantages including a first-year free insurance policy for selected tractor models, multiple labour-free services for tractors and harvesters, a complimentary IoT-enabled remote monitoring system for SUMO Automated Rice Milling Machines, and a one-year warranty covering manufacturing defects. These additions reinforce the company’s commitment to supporting farmers beyond the point of purchase by ensuring reliable usage and continuous technical support.

Commercial Bank stated that the ComBank agriculture partnership supports its strategy to promote sustainable farming by enabling access to eco-friendly machinery and technologies. The bank emphasised that introducing smart solutions is essential to improving yields, minimising resource waste, and building climate-resilient agricultural ecosystems. This initiative complements the bank’s broader sustainability agenda while strengthening its relationship with rural communities and contributing to national food security.

Browns Agriculture, with a legacy dating back to 1875, has played a central role in Sri Lanka’s agricultural evolution. Its introduction of the Massey Ferguson four-wheel tractor in 1952 paved the way for mechanised farming and laid the foundation for its growth into a leading supplier of agricultural technology. Today, the company operates a widespread distribution network of more than 130 dealers and 11 showrooms, continuing its mission to empower a new generation of agri-entrepreneurs. The renewed collaboration with Commercial Bank further enhances this mission by equipping farmers with the tools and financing needed to thrive in a rapidly evolving agricultural landscape.

Commercial Bank, the first Sri Lankan bank to surpass a market capitalisation of US$1 billion and the first local bank listed among the World’s Top 1000 Banks, remains the largest private-sector lender and the leading financier of SMEs. With a vast branch network in Sri Lanka and an international presence spanning Bangladesh, the Maldives, Myanmar, and the Dubai International Financial Centre, the bank continues to expand access to financial solutions across diverse markets. The ComBank agriculture partnership thus reinforces its role as a catalyst for innovation, sustainability, and national development.