PLC.N0000 Company Description
People's Leasing & Finance PLC, a non-bank financial institution, provides finance leases, term loans, Islamic finance, margin trading, share trading, debt instruments issuing, factoring, gold loans, and public deposits mobilization services.
It operates through Lease & Hire Purchase, Loans, Islamic, Insurance Business, and Other Business segments.
The company provides fixed deposits and savings products; and Islamic savings products, such as Mudharabah and Usfoor minor savings, Mudharabah investment, senior citizen savings, Udharaba term investment, and Wakalah term investment accounts.
It also offers lifestyle, heavy vehicle, motor coach, three-wheeler, agri, and SME leasing solutions; auto, fast track, housing, educational, business, self-e-cash, and personal loans; and Ijarah, Murabaha, Musharakah, Wadiah, and Wakalah facilities.
In addition, the company provides vehicle valuation and insurance assessment services. Further, it engages in mixed development projects and property development activities; general insurance business; construction and operation of office complexes; and provision of non-bank financial services to low income earners and micro enterprises.
Additionally, the company leases movable and immovable properties. It operates various branches in Sri Lanka.
The company was incorporated in 1995 and is headquartered in Colombo, Sri Lanka. People's Leasing & Finance PLC operates as a subsidiary of People's Bank.
Country | Sri Lanka |
Founded | 1995 |
Industry | Finance Lessors |
Employees | 2,902 |
CEO | Kithsen Bandaranayke |
Contact Details
Address: No. 1161, Maradana Road Colombo, 00800 Sri Lanka | |
Phone | 94 11 263 1631 |
Website | plc.lk |
Stock Details
Ticker Symbol | PLC.N0000 |
Exchange | Colombo Stock Exchange |
Fiscal Year | April - March |
Reporting Currency | LKR |
SIC Code | 6172 |
Key Executives
Name | Position |
---|---|
Kithsen Bandaranayke | Chief Executive Officer |
Omal Sumanasiri | Chief Financial Officer |
Rajapaksa Pathiranage Priyadarshana Gunawardena | Chief Operating Officer |