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Commercial Credit And Finance Plc (Sri Lanka)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Rental and Leasing Services
Full name: Commercial Credit And Finance Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Commercial Credit and Finance PLC is a well-established financial services company located in Kandy, Sri Lanka. It was incorporated as a Private Limited Liability Company on October 4, 1982, and converted to a Public Company on December 16, 1989. The company is registered under the Companies Act No. 07 of 2007 and the Finance Companies Act No. 78 of 1988. With over 30 years of experience in the industry, Commercial Credit and Finance PLC offers a range of financial products to individuals and businesses in Sri Lanka. Its main products include vehicle leasing, gold loans, business loans, and microfinance. The company has a strong reputation for promoting fair business practices and providing excellent customer service. Commercial Credit and Finance PLC currently operates in 130 locations across the country and has served over 5 million customers. The company is known for its competitive interest rates, flexible repayment options, and customized loan products. It has gained the trust of both customers and investors in Sri Lanka. The company's purpose is to build leaders who uplift the lives of people through acts of love. Its vision is to be the most liberated company admired for its people, partnership, and performance. The mission of Commercial Credit and Finance PLC is to be a dynamic finance company that develops and nurtures leaders at every level to serve society with passion.

Headquarters
No.106, Yatinuwara Vidiya
Kandy; Central Province;

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Website: http://www.cclk.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1982
Key Executives
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Chairman
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Chief Executive Officer
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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8.67%
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0.46%
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0.4%
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0.23%
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0.07%
Company Performance
Financial values in the chart are available after Commercial Credit And Finance Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net interest income
22.93%
Operating profit (EBIT)
26.49%
Net Profit (Loss) for the Period
12.06%
Total assets
12.54%
Total equity
32.19%
Loans to Deposits Ratio
3.55%
Loans to Asset Ratio
1.63%

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