PEOPLE’S LEASING STRENGTHENS COLOMBO PRESENCE WITH THE OPENING OF ITS 112TH BRANCH IN DEMATAGODA

People’s Leasing & Finance PLC (PLC), a leading non-bank financial institution and a subsidiary of People’s Bank, has further expanded its branch network with the inauguration of its 112th branch in Dematagoda. The new branch is centrally located at No. 430, Danister De Silva Mawatha, Colombo 09.

The opening ceremony was graced by the presence of a distinguished gathering, including People’s Leasing Chairman Professor Ajanta Samarakoon, Chief Executive Officer/General Manager Mr. Sanjeewa Bandaranayake, members of the company’s senior management, branch staff, officials from state institutions, and customers. The event was conducted in a grand and spectacular manner.

This opening marks the acceleration of PLC’s strategic expansion program. Despite previous limitations on business expansion activities due to the economic slowdowns stemming from the COVID-19 pandemic. The Dematagoda branch is a direct result of the positive growth currently observed across various sectors in Sri Lanka and signals the renewed vision of the new management to drive greater accessibility for all citizens.

As a responsible financial institution, PLC is dedicated to increasing financial inclusion, and the Dematagoda branch is strategically positioned to serve the diverse local community. The branch will allow residents and businesses in the area to fulfill all their financial service needs under one roof, offering efficient, friendly, and highly convenient financial facilities alongside a trustworthy service.

Customers can now access the full spectrum of financial facilities offered by People’s Leasing & Finance PLC, which includes vital services such as leasing, vehicle loans, fixed deposits, and savings account opening, gold loans as well as specialized service like Islamic finance facilities.

For nearly three decades, People’s Leasing has contributed significantly to the upliftment of the living standards of the Sri Lankan populace. By expanding its presence to 112 locations across the island, PLC continues to empower Small, Medium, and Large-scale enterprises, reflecting its unwavering contribution to the sustainable development of both the economic and social facets of the country.