CLC cements presence in Kandy district with customer touchpoints in Pilimathalawa and Digana

The Ceremonial opening of the Pilimathalawa branch by AGM – Kandy & Eastern regions Prasanna Goonathilake (center), Chief Manager – Kandy Janaka Karunaratne (left), and Branch Manager Chinthaka Wickramasinghe (right)           

Further expanding its geographical presence, Commercial Leasing & Finance PLC (CLC), the fully-fledged financial services provider, recently inaugurated two new touchpoints in Pilimathalawa and Digana in the Kandy District. 

The brand-new branches aim to attract the local business community and residents to access the full range of financial services ranging from leasing, loans, factoring, draft facilities, personal loans, Islamic finance, gold loans, credit cards, savings and deposits. The opening of these two new branches takes CLC’s total branch network to 70.

CLC Director/CEO Krishan Thilakaratne said: “We are pleased to now be able to serve the people of Pilimathalawa and Digana with our industry-best financial services and look forward to forging long term relationships with residents in the region. CLC already enjoys a strong presence in the Kandy district and the addition of these two new branches will cater to the demand for our signature financial services. Our customers can expect support and assistance from CLC to partner them on their financial journey to prosperity. CLC extended as many as 60,000 moratoriums to customers to ease their financial burden during the pandemic period. 

“During the 1H, CLC recorded a Profit Before Tax of Rs. 2.4 billion and a Profit After Tax of Rs. 1.8 billion. This resounding performance can be attributed to exceptional portfolio management, with Non-Performing Loans maintained at 5.7% in contrast with an industry average of 12.99%. The steady expansion of our branch network will continue to infuse value to the national economy as well. Our engagement with customers continues beyond the touchpoints through our online banking facility and mobile app.”