8 May 2012 05:40 am
People’s Merchant PLC, set up in 1983 was the first merchant banking institution in the country and has over the years consistently evolved to meet the emerging challenges and opportunities in the market and has diversified into leasing, hire purchase, term loans, pawning, real estate, margin lending, bill discounting and fixed deposits. People’s Merchant is also aspiring to further develop its merchant banking business by providing innovative merchant banking solutions.
The company is listed on the main board of the Colombo Stock Exchange and has the People’s Bank group as its major shareholder and the Capital Trust group as its second largest shareholder.
The company offers a personalized customer service and competitive rates through its island-wide branch network and earned the trust and confidence of its large and diverse customer base over the last 30 years. People’s Merchant PLC is to continue with the process of diversification and remain as a pro-active and hands on people’s organisation, committed to adding value to all stakeholders and positively contributing towards the economic prosperity of Sri Lanka.