Financial News

People’s Leasing clinches double Silver at SLIBFI awards

19 Jun 2015 - {{hitsCtrl.values.hits}}

People’s Leasing & Finance PLC (PLC); Sri Lanka’s non-bank financial services sector leader secured two Silver awards at the SLIBFI (Sri Lanka Islamic Banking and Financial Industry) awards ceremony.

The award ceremony was held at the Galadari hotel for the fourth year.

SLIBFI Awards is held to honour best performers in the Islamic Banking and Financial fraternity in Sri Lanka, under six categories. PLC clinched Silver in the ‘Best Social Uplifting Islamic Finance Entity of the Year’ category, whilst PLC’s Union Place branch manager Aslam Badurdeen bagged the second Silver in the ‘Rising Islamic Finance Personality of the Year’ category.

Speaking of the two awards, Rohan Tennakoon, DGM-Business Development & Marketing of PLC said, PLC is honoured to receive these Silver awards and this is the second occasion the company is recognized with SLIBFI awards. He said PLC’s ‘Al-Safa’ Islamic Finance Unit is now going from strength to strength.

“We launched our Al-Safa Islamic Finance Unit in 2005 and all our activities in the Al-Safa Unit are carried out strictly according to the Sharia’h principles under the guidance of Sharia’h Supervisory Board. These activities have shown a significant progress as of today. We have seven dedicated branches operating under the Al-Safa Unit at present and in addition, Islamic financial services can also be obtained from any PLC branch in the country”, said Tennakoon.

PLCs special financial services products include; leasing, fixed deposits, saving accounts, personal and business loans and Islamic financial services. Its subsidiaries are; People’s Insurance Ltd, People’s Micro-finance Ltd, People’s Leasing Property Development Ltd, People’s Leasing Fleet Management Ltd and People’s Leasing Havelock Properties Ltd.

The uniqueness of PLC is its strength and the ability to provide diverse financial services under one roof to its customers, thus enabling the customers to obtain these services at a nominal expense.

Financial News

People’s Leasing clinches double Silver at SLIBFI awards

Most Popular Articles

Third review approved by IMF, SL to get next US$ 333 million tranche

Niloufer Esufally-Anverally Makes a Stylish Comeback with the Launch of NLFR

CBSL’s single policy interest rate mechanism comes into effect today

Sri Lanka Economic Summit in January 2025

Industries Ministry public day re-launched after four years

Supreme Court dismisses fundamental rights applications filed against LTL Holdings IPO

LATES'T NEWS

Imran Khan and wife face terrorism charges

New envoys present credentials to President

Australia passes social media ban for children under 16

Leopard seeks shelter from floods in Mullaitivu home

Sri Lanka bowled out for new low against South Africa