Commercial Credit announces dividend of Rs. 119 million

Monday, 23 September 2013 00:53 -     - {{hitsCtrl.values.hits}}

Commercial Credit & Finance PLC announced the payment of an interim dividend of Rs. 0.50 per share for the financial year 2013/14, amounting to a total of Rs. 119 million. It is scheduled to be paid on 10 October 2013. This follows the capitalisation of reserves effected by the company in March 2013 on the basis of one share for every 10.9 shares held. Commercial Credit is one of the leading finance companies registered with the Monetary Board of the Central Bank of Sri Lanka, and, has been in existence for over thirty years. According to the interim financial statements issued by the company for the quarter ended 30 June 2013, its total asset base is almost Rs. 20 billion. Commercial Credit has a service network of over 60 locations spread across all districts of the island. Renowned for its excellence in customer service Commercial Credit was adjudged the Service Brand of the Year winning the Gold Award at the SLIM Brand Excellence 2012, in addition to which the company has won several local and international awards.