Mercantile Investments and Finance Plc opens five new branches

Mercantile Investments and Finance PLC (MI), in keeping to its corporate growth strategy, widened its presence further by opening up five new branches in 2017, in the attractive locations of Wattala, Gampola, Veyangoda ,Thambuthegama and most recently in Avissawela. As a premier Finance company, with a rich heritage that dates back to the 60s, MI has gone from strength to strength, not only expanding its network to 36 locations, but also managing to build strong ties with various communities through its vibrant product mix which Speech by Gerard Ondaatjie, Managing Director at Wattala opening. range from leases to personal loans and also mobilisation of deposits, all carried out at very attractive rates for its clientele. In going to the grass root levels, and making a social impact, all these five locations are equipped to also provide micro finance based funding.

Addressing customers and invitees at the inauguration of the Wattala Branch, Managing Director, Gerard Ondaatjie said, “Having credentials as a financially solid enterprise, we have gained trust and loyalty of our customers, fulfilling their varying financial needs and cementing long term financial partnership. We owe our success to the strong team of talented individuals we possess, who are capable and committed in delivering a superlative personalised customer service, for which we are renowned for”. He reflected on the importance of Wattala as a central location to major economic developments taking place such as the Ports City Project. He emphasised on the visible business changes taking place around the town and the availability of good hospital services, schools etc. and also the growing economic activities between towns closer to Wattala, extending along the northern coastal belt, up to Negombo and beyond.