People's Leasing & Finance PLC (COSE: PLC.N0000)
Sri Lanka flag Sri Lanka · Delayed Price · Currency is LKR
10.70
-0.30 (-2.73%)
At close: Sep 9, 2024

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.

People's Leasing & Finance PLC
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