People’s Leasing relocates its Ratnapura branch

The leading non-bank finance company in Sri Lanka, People’s Leasing & Finance PLC relocates its Ratnapura branch (No. 244, Moragahayata, Colombo Road, Ratnapura). The new branch was inaugurated by PLC Deputy General Manager (Operations) Laksanda Gunawardane along with Chief Manager Neil Tushantha and Senior Manager Vajira Ramanayake. A host of PLC customers graced the occasion. 

PLC Deputy General Manager (Operations) Laksanda Gunawardane opens its new Ratnapura branch as Chief Manager Neil Tushantha and Senior Manager Vajira Ramanayake look on

Gunawardane addressing the gathering said People’s Leasing Company operating with the motto “People’s Friendly Leasing” had attracted a gamut of prospective customers and converted them as loyal customers over the years.

“PLC is in the process of enhancing its branch network and relocating identified branches to bring more convenience to customers. We changed locations of Ratnapura PLC branch to provide customer friendly, hassle free and convenient leasing services,” said the DGM.

PLC senior management with the staff of the Ratnapura branch

He added: “Ours is a one-stop-shop. Hence I humbly invite people in the vicinities of Ratnapura to step into this relocated PLC branch and obtain all financial services pertaining to leasing and finance in a minimum possible time without hassle. I wish their businesses to thrive and personal lives to brighten up by associating with the PLC.”

“We have been providing an unmatched financial service to all Sri Lankans for 14 consecutive years. Our intent is to enhance our service network to cover the whole island for the benefit of all citizens. A spacious and state-of-the-art branch in their nearest town that offers hassle-free services and convenience is our promise to PLC customers. PLC branches are being commissioned in almost every main city in the island with that object,” he said.

People’s Leasing Company was commissioned in 1995 as a wholly owned subsidiary of the biggest state bank in Sri Lanka, the People’s Bank. PLC is currently the market leader in the non-bank finance sector in Sri Lanka.

Fitch Rating Lanka has assigned PLC a credit rating of AA-(lka) which makes PLC the highest rated finance company in the country. PLC is the only Sri Lankan finance company to have two international ratings of which one is equal to the Sovereign from Standard & Poor’s (‘B+/B’) and the other is one notch below the Sovereign from Fitch Rating International (‘B’).  

PLC’s financial service product portfolio includes; leasing, fixed deposits, saving accounts, personal and business loans, margin trading, factoring and Islamic financial services. 

People’s Leasing conglomerate consists of five subsidiaries namely, People’s Insurance PLC, People’s Microfinance Ltd., People’s Leasing Property Development Ltd., People’s Leasing Fleet Management Ltd. and People’s Leasing Havelock Properties Ltd.

The uniqueness of PLC is its strength and the stability to provide diverse financial solutions under one roof to its customers, thus enabling the customers to obtain customer friendly services.