People’s Leasing & Finance PLC re-positioned its Maharagama branch in to a more spacious location at 215, Highlevel Road, Maharagama in a bid to provide an enhanced financial services to people in the sub-urban area. The occasion was graced by Mr. D. P. Kumarage, CEO/General Manager, PLC. Also participate at the occasion were Mr. Laksanda Gunawardena (DGM Operations-People's Leasing), Mr. Neil Thushantha (Chief Manager-PLC) and a host of PLC customers.

Mr. Kumarage, CEO/General Manager, PLC, said at the opening ceremony that PLC with the payoff line ‘People’s Friendly Leasing’ is the leading leasing company in Sri Lanka.

"The object of relocating of this PLC branch at Maharagama was to provides opportunity for people around Maharagama to benefit from customer friendly and hassle free convenience leasing services provides by PLC. Ours is a one-stop-shop. Hence I humbly invite people around Maharagama to step into this a more spacious new branch to obtain all financial services pertaining to leasing and finance in a minimum possible time without any hassle. And also I wish their businesses to flourish and personal lives to brighten up by association with newly located Maharagama branch."

People’s Leasing Company was commissioned in 1995 as a wholly owned subsidiary of the biggest state bank in Sri Lanka, the People’s Bank. PLC has retained the market leader position for 14 consecutive years in the non bank finance sector.

In recognition of the quality credit and other high level motivations of the company, Fitch Rating Lanka has assigned PLC a credit rating of AA-(lka) which makes PLC the highest rated finance company. PLC is the only Sri Lankan finance company to have two international ratings. It has also been recognized as one of Asia's Most Promising Brands 2012/13 by ibrands 360 - World Consulting & Research Corporation. Further more, LMD/Nielsen have recognized PLC as the most respected non-bank financial institute in Sri Lanka. PLC has been awarded the “Financial Service Provided of the Year” for the 4th consecutive year at the SLIM Nielsen People’s Awards 2016.

PLC's financial services products include; leasing, fixed deposits, saving accounts, personal and business loans, margin trading, factoring and Islamic financial services. Its five subsidiaries are; People’s Insurance PLC, People’s Microfinance 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 convenience services on easy terms.

Photo caption-PLC management team with Maharagama branch staff