Mercantile Investments and Finance celebrates 60th anniversary

Mercantile Investments and Finance PLC, a pioneering name in Sri Lanka’s financial sector, celebrated its 60th anniversary in grand celebration at a press conference held at the JAIC Hilton Hotel in Colombo on 14 of June 2024. 

The event marked the unveiling of a commemorative stamp and the launch of an innovative new range of financial products, underscoring the company’s unwavering commitment to innovation and growth.

The press conference and celebration were graced by Gerard Ondaatjie, Managing Director; Shermal Jayasuriya, Finance Director (Executive); Angeline Ondaatjie, Director; Travice J. Ondaatjie, Director; Laksanda Gunawardena, Chief Operating Officer; Deva Anthony, Chief Financial Officer / Director (Non-Board); alongside other distinguished guests and stakeholders.

Mercantile Investments unveiled a special anniversary stamp at the event which symbolises the company’s rich heritage and its significant contributions to Sri Lanka’s financial landscape over the past six decades.  Continuing its tradition of pioneering in financial solutions, Mercantile Investments introduced a new collection of innovative financial products designed to meet the diverse and evolving needs of their clientele. The new product range includes specialized leasing, gold loans, savings, and green initiatives to encourage sustainable financing.
The newly launched leasing options feature ‘Lease Draft,’ offering competitive terms for general leasing needs, and ‘Empower’ designed to empower women with accessible leasing solutions. For those seeking secure and convenient loan solutions, the “’Ran Seettu’ gold loan leverages the value of gold to provide attractive loan terms. Recognizing the importance of saving from a young age, the revamped ‘Podiththo’ Kids Savings plan aims to instill a savings habit in children and ensure their financial future is secure. Additionally, the company launched a series of green initiatives, including financing options for electric vehicles, solar energy projects, and ‘Govi Diriya’ a program designed to support sustainable agricultural practices.

Founded on June 15, 1964, Mercantile Investments and Finance PLC has grown into a premier finance company in Sri Lanka. Renowned for its commitment to excellence, innovation, and depositor trust, the company boasts a robust portfolio of financial products and services.