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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Commercial credit on massive branch expansion drive

Commercial credit on massive branch expansion drive

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Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Colombo. 20 September 2012: Enhancing its reputation as one of Sri Lanka’s fastest growing finance companies, and one of the finance industry’s most notable success stories, Commercial Credit recently opened several new branches and service centres throughout the country.


New locations established in areas including Ampara, Kuliyapitiya, Maharagama, Matara, Puttalam and Wennappuwa expand the company’s reach across the country, bringing its benchmark superior levels of service and expertise within easy reach of its steadily increasing island wide customer base.


“The addition of the new branches and service centres brings the Company’s presence to 27 locations islandwide, a remarkable achievement within just three years of embarking on a new corporate direction, and testament to the company’s success”, pointed out Mr. Roshan Egodage, the Company’s CEO.


“We’re now fully geared to serve the people of these towns and adjoining areas with a bouquet of products and services. Among them are Fixed Deposits, Leasing, Hire Purchase, Gold Loans, Real Estate, Personal Loans, Education Loans and Micro Finance”, he added.


Under Mr. Egodage’s visionary leadership, the talented and dedicated team of Commercial Credit, from the most senior managers to the most junior members, have all contributed to delivering phenomenal growth and profitability. Commercial Credit’s success has won it the respect and acclaim of the entire finance industry. It is also clear that the company has won the trust of the public of Sri Lanka. This is amply demonstrated by the remarkable growth in the Fixed Deposit base, increasing by almost 75% over the last twelve months.


“This success”, Mr. Egodage pointed out, “is no accident. It is the result of industry and diligence, and a corporate bent on motivating and challenging the company’s staff to deliver their best while adhering to the values of the company, thereby ensuring one of the highest performances and service levels in the industry”.


Following the increase of its island wide presence to 27 locations, further expansion plans are in the pipeline as the company pursues its goal to becoming one of the leading players within the financial services sector in Sri Lanka.
http://www.adaderana.lk/biznews.php?nid=494



Last edited by Malika1990 on Fri Sep 21, 2012 9:50 am; edited 1 time in total

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Mallika, please fix using CAPS for all title words.

It is usually reserved for special announcement

3Commercial credit on massive branch expansion drive Empty Entry Level?? Fri Sep 21, 2012 9:00 pm

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
They do have XD date on monday..,, Will the share move downwards after that..?? If so at what levels is it better to collect?? When can we expect a bull trend on this share? Is it better for short term or Long Term? Value your advise..

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

hashan2012

hashan2012
Manager - Equity Analytics
Manager - Equity Analytics
cocr is vere good share it will hit 30 rs near future

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