Assetline Leasing to uplift northern economy and people

Saturday, 8 January 2022 01:29 - - {{hitsCtrl.values.hits}}

C. K. Motors, Chunnakam, Jaffna - Business and Cash Collection Centre for ALCL

Traffic Police officers attached to 16 Police stations in Jaffna Division participating at a workshop at Headquarters Police Station, Jaffna

Assetline Leasing Company Ltd. (ALCL) recently introduced several projects as part of its efforts to further develop its operations in the Northern Province.

The financial services arm of the David Pieris Group of Companies, Assetline has built its brand and reputation as providing funding and financial assistance to the less affluent economic classes, entrepreneurs as well as small and medium enterprises.

With this agenda and leveraging on group synergies C. K. Motors, Chunnakam, Jaffna, a longstanding dealer of David Peiris Motor Company Ltd., was brought on board as a business and cash collection centre representing ALCL. In addition to the ALCL Branch, the company’s leasing customers can now pay their lease rentals here.

C. K. Motors, in an addition to offering ‘DPMC-certified three-wheelers’, has expanded its scope of business with the partnership with ALCL and the financial support provided.

‘Jaffna Vehicle Spot’, a popular business entity in Kokuvil, was also appointed as a business introducer with the aim of adding convenience to customers looking for financial assistance. Currently, discussions are underway for ‘Jaffna Vehicle Spot’ to partner the group’s registered vehicle sales operation ‘Riyasakwala’, which would mean both vehicles and tailor-made leasing solutions at attractive interest rates will be available at the same place. Concurrently, as part of their commitment to the local community, a seminar was sponsored and facilitated for the traffic Police officers under the guidance of Jaffna DIG Priyantha Liyanage, Jaffna HQI, Chief Inspector Chamly Palihena and other officials. The resource persons for this seminar were facilitated by the Police Headquarters Colombo. More than 100 traffic Police officers attached to 16 Police stations in Jaffna Division participated in this workshop, the objective of which was to enhance road safety and traffic management in Jaffna.

Assetline Leasing Chief Operating Officer Mahesh de Silva said: “As a responsible financial institution, we are carrying out these projects aligned with the Northern Province Development Plan of the Government and Road Map outlined by Governor Jeevan Thiagarajah, creating a win-win for both the company and the people in the region.”