PLC adjudged a ‘Best Corporate Citizen’

Friday, 16 November 2012 01:29 - - {{hitsCtrl.values.hits}}

People’s Leasing Company (PLC) was recognised as one of the ten best corporate citizens’ at the recently concluded ‘Best Corporate Citizen Awards 2012’, presented by the Ceylon Chamber of Commerce in consideration of the company’s, sustainability integrated business practices and CSR initiatives.

The company was also adjudged a runner up, amongst companies with a turnover of less than Rs.15 billion. PLC was the only leasing and finance company recognised at this prestigious ceremony.

PLC is a subsidiary of People’s Bank and a public quoted company. The Company is assigned a national long term rating of AA-(lka) stable by Fitch Ratings Lanka and ‘B+’ long-term and ‘B’ short-term credit ratings by Standard and Poor’s Ratings. Peoples Leasing Company is the largest non banking financial institution in Sri Lank in terms of advances and asset base.