Daily Mirror (Sri Lanka)

Serendib Finance Dambulla branch moves to new location

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Serendib Finance Ltd., recently relocated its Dambulla branch to a spacious new building, and has announced higher interest rates for fixed deposits.

The new office located in Anuradhaph­ura Road, Dambulla was declared open by the Chairman of Commercial Bank and Serendib Finance Dharma Dheerasing­he, Managing Director and CEO of Commercial Bank S. Renganatha­nand the Managing Director and CEO of Serendib Finance Upul Dissanayak­e, in the presence of representa­tives of senior management and staff of the company.

Assigned an A+ rating by Fitch, Serendib Finance Ltd. offers tailor-made leasing facilities for a wide range of vehicles including personal, commercial and all-purpose vehicles as well as machinery and equipment.

The company also offers other financial services such as fixed deposits with competitiv­e returns and provides business loans, mortgage loans and pledge loans.

Formerly known as Indra Finance, the company was re-launched as Serendib Finance Ltd. in 2015, nine months after it was acquired by the Commercial Bank of Ceylon PLC. Today, Serendib Finance operates a network of 10 branches around the country, and is powered by ICBS technology.

The parent company, Commercial Bank isthe sole shareholde­r and the only Sri Lankan Bank to be ranked among the world’s top 1000 banks for nine years consecutiv­ely. Commercial Bank operates a network of 267 branches and 856 ATMS in Sri Lanka.

 ??  ?? Commercial Bank and Serendib Finance Chairman Dharma Dheerasing­he cutting the ribbon to declare open the relocated Serendib Finance Dambulla branch in the presence of the bank’s Managing Director and CEO S. Renganatha­n (extreme left), Managing Director and CEO of Serendib Finance Upul Dissanayak­e (3rd from left) and representa­tives of the senior management of Serendib Finance
Commercial Bank and Serendib Finance Chairman Dharma Dheerasing­he cutting the ribbon to declare open the relocated Serendib Finance Dambulla branch in the presence of the bank’s Managing Director and CEO S. Renganatha­n (extreme left), Managing Director and CEO of Serendib Finance Upul Dissanayak­e (3rd from left) and representa­tives of the senior management of Serendib Finance

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