Commercial Credit opens branch in Badulla

Wednesday, 27 April 2011 00:00 - - {{hitsCtrl.values.hits}}

Continuing to set a trailblazing path as it makes it mark in the country’s financial landscape, Commercial Credit Ltd. is continuing its record-breaking story of success and acclaim as it spreads its reach across Sri Lanka.

A relatively new entrant into the financial services industry, the company’s rapid turnaround to become one of the most notable success stories in recent history has garnered it the trust, recognition and respect of the industry.

Relentless in its pursuance of excellence, a rapidly growing customer base and increasing business portfolio, has seen the company embark on a strategic but fast paced expansion programme. This expansion targets the country’s main regions and cities as Commercial Credit seeks to imprint its own unique brand of service and corporate leadership throughout the country.

Moving towards a liberated corporate mindset powered by a dedicated and empowered workforce striving to reach new levels of performance and service, Commercial Credit’s indisputable success is proving the merit of its pioneering vision and strategies.

The company, which has been going from strength to strength since late 2009 when a change in management marked a new chapter in its history, has now extended its presence to Sri Lanka’s provincial capital and one of its most prominent cities – Badulla. The new branch will be an extension of the company’s promise to ‘Build Leaders Who Uplift Lives through Simple Acts of Love’.

Speaking at the launch, the Chief Guest, Chairperson of Commercial Credit Limited, Vagdevi Fernando said: “The opening of the new branch will enable the company to extend the same superior levels of service and customer relationship that our customers in other 18 locations are currently privy to.”

While bringing the total number of islandwide branches and centres to 19, further expansion plans are in the pipeline as the company’s pursues plans to become a nationwide force to reckon within the financial services sector.

Anil Manawadu, Assistant General Manager – Operations, who is in charge of the Badulla area, added that customers in Badulla would also benefit from a rapidly expanding portfolio which now includes services such as micro-finance, pawning, real estate, short term loans, educational loans, Quick Cash (a hire purchase facility granted within one hour and with minimum documentation), etc., in addition to the company’s existing portfolio of financial services.

“Our aim is to empower the people of Badulla and help uplift their lives through the variety of flexible services that we offer, facilitating the district’s economic empowerment while taking pride in the personal successes of our customers,” he said.

The opening of the new branch heralds the company’s entry into the country’s main regions and cities, after the spectacular success the company has enjoyed so far. This success is mirrored in its stellar performance during the last year, which saw the company more than triple its revenue and profits in every sector.