People’s Leasing and Finance spreads wings to Uva and Eastern regions

People’s Leasing and Finance PLC (PLF) in its expansion drive, opened four new branches in Welimada, Wellawaya, Monaragala and Kalawanchikudy in Uva and Eastern Provinces recently. With these four branches, the branch network of PLF will reach to 73 branches.

This expansion drive of the PLF, will keep in line with the Government’s regional development programs, with special focus on the small and medium scale entrepreneurs of the regions. The branches were declared open by PLF General Manager/CEO D.P. Kumarage, along with Assistant General Manager Laksanda Gunawardane, customers, well-wishers and the staff of the respective branches.

Being the market leader of the non-banking financial sector of the country, the branch network of PLF offers a wide range of financial products which includes leasing, hire purchase, fixed deposits, savings accounts, loans, money changing, microfinance, fleet management, guarantees, valuation, real estate and property development, insurance, and Islamic finance products and services along with its subsidiary companies at very competitive terms and quick customer care and service to regional entrepreneurs.

Commenting on the occasion Kumarage stated that the main objective of the opening of the four fully fledged branches in the rural areas of the Country, is to offer a helping hand to the rural entrepreneurs and bring them to the mainstream of business of the country, while uplifting the living standards of the general public through promoting their savings and investment habits. “The application of modern technology with trained staff is the key to provide efficient service to the customers of the PLF,” Kumarage noted. “Over the past few years PLF has emerged as a financial one stop house for rural masses as the Company has set up a few subsidiary companies for insurance, microfinance, property development and fleet management in which the group could offer comprehensive package of services to customers quickly at low cost,” he said.