Asia Commerce opens in Negombo

Leasing experts, Asia Commerce Limited (ACL) opened its third branch, in the bustling city of Negombo on 16 March, 2001 at No. 33, Old Chilaw Road, Negombo.

The opening ceremony was graced by the company’s Board of Directors, H. M. Ekanayake, Additional Director – Non Banking Supervision Department, Central Bank and the Mayor of Negombo Bernard Herman Kurera.

Speaking at the opening ceremony the ACL Director/CEO Lakshman Uduwara said: “ACL has enjoyed a period of progressive and profitable growth in business. Negombo is a prosperous city with a diverse culture and enterprising people. Tourism and fishing industries thrive here, and a high influx of tourists could be witnessed in Negombo at present. We are delighted to announce our presence in Negombo at such a time when the business outlook is positive so that we could contribute to the financial prosperity of its people.”

He further said, “Our Board of Directors are committed to offer ACL’s friendly and professional financial services to a progressively increasing number of customers and the opening of this branch complements this policy. We have plans to open more branches in several strategic towns in the future as well.”

Established in 2005, ACL is a specialised leasing company registered with the Central Bank and provides a range of financial services including finance and operating leases, hire purchase, short-term loans, cheques/bills discounting etc and will soon offer margin trading as the latest addition to its service portfolio. The company is at the threshold of a new growth era and strategic changes have been made across the board in order to take maximum advantage for opportunities that are present for growth.