People’s Leasing clinches double gold at CNCI awards

Monday, 15 September 2014 00:10 - - {{hitsCtrl.values.hits}}

People’s Leasing & Finance PLC secured two gold awards at the CNCI Achiever of Industrial Excellence Awards – 2014. The first gold award was clinched by the company for national level ‘Extra Large Category’ service excellence. With this recognition PLC was included in the 10 elite CNCI companies of the year and thus clinched a second gold award. The annual award ceremony organised by The Ceylon National Chamber of Industries towards recognising local services and industrial excellence was held for the 13th consecutive year at the Cinnamon Grand Hotel. The President’s Secretary Lalith Weeratunga graced the occasion as the chief guest.

The CNCI Achiever of Industrial Excellence Awards – 2014 gold award in the national level ‘Extra Large Category’ service sector being received by People’s Leasing & Finance PLC Deputy General Manager (Operations) Lionel Fernando from the chief guest of the event, the President’s Secretary Lalith Weeratunga PLC CEO/General Manager D.P. Kumarage stated that the CNCI’s gold awards reflect the excellent finance strategies, management practices, customer services and commitment to good corporate citizenship of People’s Leasing & Finance PLC. “All our services are aimed at catering to people and satisfying their financial needs promptly. ‘People’s friendly lease’ is our theme and core competency. This twin gold award once again came as a token of recognition towards our professionalism. I acknowledge PLC team with gratitude at this special occasion for their enthusiasm, dedication and untiring efforts towards offering a friendly service to customers maintaining industrial and services excellence,” said the CEO. The criterion to select persons/entities for CNCI awards have been; net sales income, number of employees, benefits for the employees, constituted corporate governance, financial performance and quality and attributes of the services, social responsibility and responsibility towards the environment, job security and health and wellbeing of the employees.

The CNCI Achiever of Industrial Excellence Awards – 2014 gold award for PLC’s inclusion in the 10 elite CNCI companies being received by People’s Leasing & Finance PLC Deputy General Manager (Business Development & Marketing) Rohan Tennakoon from the chief guest of the event, the President’s Secretary Lalith Weeratunga People’s Leasing, a subsidiary of People’s Bank, was incorporated in 1995 and is distinctly recognised as the largest non-bank financial institution in Sri Lanka whilst securing the market leadership in the leasing sector of the country as well for 13 consecutive years. The company has the honour of being the highest rated finance company in Sri Lanka with two international ratings i.e. B+/B, a rating equal to the Sovereign from Standard and Poors and B+ rating, a notch below the Sovereign from Fitch Ratings International and AA-(lka) national long term rating from Fitch Ratings Lanka. It has also been recognised as one of Asia’s Most Promising Brands 2012/13 by ibrands 360 – World Consulting & Research Corporation. PLC product line consists of; leasing, hire-purchase, fixed deposits, saving accounts, personal and business loan facilities and Islamic financial services. Its subsidiaries are; People’s Insurance Ltd, People’s Microfinance Ltd, People’s Leasing Property Development Ltd, People’s Leasing Fleet Management Ltd and People’s Leasing Havelock Properties Ltd. The uniqueness of People’s Leasing & Finance PLC is its strength and ability to provide diverse financial services under one roof to its customers.