People’s Leasing Company upgrades and relocates its Elpitiya branch


People’s Leasing & Finance PLC (PLC) in a bid to cater to a greater volume of customers through an enhanced and hassle free customer service, upgraded and relocated its Elpitiya branch to a more spacious location. 

The relocated branch (No. 15, Ambalangoda Road, Elpitiya) was inaugurated by Sabry Ibrahim, Chief Executive Officer/General Manager, People’s Leasing.

Elpitiya is one of the fastest developing areas in Sri Lanka has given light to many startup businesses and an enhanced lifestyle for people. Hence people visiting People’s Leasing to obtain financial services have increased in an unprecedented manner. To cater to this new need PLC shifted its Elpitiya branch to a prime location.

Mr. Sabry Ibrahim, CEO/GM, PLC at the inauguration of the relocated People’s Leasing Elpitiya Branch. Also in the picture: Mr. Sanjeewa Bandaranayake (Senior DGM), Mr. Hasantha de Silva, Chief Manager (Operation) and Mr. Sampath Hewawasam, Branch Manager, Elpitiya

The occasion was also graced by Sanjeewa Bandaranayake, (Senior Deputy General Manager), Laksanda Gunawardane (Deputy General Manager – Marketing), Hasantha de Silva, Chief Manager (Operation) and Sampath Hewawasam, Branch Manager, Elpitiya with a host of PLC customers.  

Sanjeewa Bandaranayake, Senior Deputy General Manager, People’s Leasing, addressing the gathering at the occasion said, “Elpitiya is a fast developing area with the new awakening of a vibrant business culture.  People who are living in the vicinity of Elpitiya have entrusted their faith on People’s Leasing for their financial needs and it is a positive sign. Hence we saw the need for a more sophisticated PLC branch in Elpitiya located at a better place. Hence we relocated our PLC branch to provide more customer friendly, hassle free and convenient financial services. Now people living in the vicinity can obtain People’s friendly financial services from our new branch”, said the SDGM. 

He added, “We are a one-stop-shop. Hence I humbly invite people in the vicinities of Elpitiya to step into this newly relocated PLC branch and obtain services pertaining to leasing and finance in a fast and friendly manner. I hope your businesses will thrive and personal lives will be enriched through the association with People’s Leasing”. 

Mr. Sabry Ibrahim, CEO/GM, PLC offering a leasing facility to a customer

People’s Leasing started its business operations in 1996 as a wholly owned subsidiary of one of the largest State banks in Sri Lanka, People’s Bank. People’s Leasing is currently the highest rated non-bank financial institution in the country, with a “AA-(Ika)” rating from Fitch Ratings Lanka Ltd and ‘B’- rating by Fitch Ratings International (just one notch below ‘Sovereign’), and the number one ranking non-banking financial services brand by Brand Finance PLC. The Company was also recognized as one of the ten best corporate citizens in the country by the Ceylon Chamber of Commerce. 

PLC’s financial service product portfolio includes leasing, auto loans, fixed deposits, savings accounts, housing and business loans, gold loans, margin trading, factoring, and Islamic financial services. 

The staff of People’s Leasing Elpitiya Branch with Senior Management

People’s Leasing Conglomerate consists of six subsidiaries – People’s Insurance PLC, People’s Micro-Commerce Ltd., People’s Leasing Property Development Ltd., People’s Leasing Fleet Management Ltd., People’s Leasing Havelock Properties Ltd., and its latest foreign venture, Lankan Alliance Finance Ltd.

The unique features of People’s Leasing are its strength and stability to provide diverse financial solutions under one roof, creating a seamless, convenient and friendly customer service experience.