People’s Leasing & Finance celebrates 30 years of empowering SL’s entrepreneurs and communities

Chairman Prof. Ajantha Samarakoon

CEO/GM Sanjeewa Bandaranayake

People’s Leasing & Finance PLC (PLC), one of Sri Lanka’s most trusted non-bank financial institutions (NBFIs), celebrated its 30th anniversary on May 31, 2026, marking three decades of empowering individuals, entrepreneurs and businesses across the island with innovative financial solutions. 
Over the past 30 years, PLC has evolved into a household name in the financial services sector, driven by a strong commitment to financial inclusivity, customer-centric service and sustainable growth.
Since its establishment in 1996 as a fully-owned subsidiary of People’s Bank, PLC has steadily expanded its footprint across Sri Lanka while strengthening its position as a leading financial service provider of leasing, loans, savings and deposits and other financial services, both in conventional and Islamic financial service. With an extensive branch network and a dedicated workforce of over 3,000 employees, the company continues to play a significant role in social sustainability supporting micro, small and medium enterprises, focuses on creating a long-term positive impact on individuals, communities and livelihood who seek reliable financial partnerships to achieve their aspirations.
Over the years, PLC has demonstrated resilience and innovation, continuously adapting to the evolving financial landscape. By embracing digital transformation, strengthening operational excellence and maintaining a strong governance framework, the company has successfully enhanced accessibility, efficiency and customer experience across its wide range of financial products and services. This commitment has enabled PLC to remain a trusted financial partner to thousands of customers who rely on its expertise to achieve their personal and business goals.
PLC Chairman Prof. Ajantha Samarakoon noted that reaching the 30-year mark is a testament to the unwavering trust and loyalty placed in the company by its customers, employees and stakeholders. He further emphasised that the company remains committed to strengthening its role in promoting inclusive and responsible finance while supporting national economic development through sustainable and innovative financial solutions.
PLC CEO and General Manager Sanjeewa Bandaranayake also expressed his appreciation to the dedicated employees whose commitment and passion have been instrumental in shaping the company’s success. He highlighted that PLC’s journey over the past three decades has been driven by a strong culture of teamwork, innovation and customer focus. 
He further emphasised that at PLC, the company has built long-lasting relationships with its customers by offering financial assistance, guidance and discipline, helping them manage their finances effectively. As a result, many customers return for further financing as their businesses grow, creating a cycle of reinvestment that supports the self-employed and SMEs.
Looking ahead, the organisation aims to further expand its digital capabilities, enhance financial accessibility and continue empowering communities and businesses across Sri Lanka.
In recognition of its excellence and performance, over its 30 years of service, PLC has received numerous prestigious local and international accolades, further reaffirming its strong reputation within the financial services industry. These achievements reflect the organisation’s continuous efforts to maintain high standards in service delivery, corporate governance, sustainability and innovation.
To commemorate its 30th anniversary, PLC has planned a series of initiatives throughout the year, including a media conference, Colombo Stock Exchange (CSE) market opening by bell ring, main anniversary celebration event with the employees at the head office, launch of 30th anniversary commemorative stamp, employee talent show and impactful corporate social responsibility projects across the island that celebrate the organisation’s journey and its contribution to society. These initiatives aim to honour the people, partnerships and communities that have supported PLC’s remarkable growth story.
As PLC celebrates three decades of excellence, the company remains firmly focused on the future continuing to innovate, empower and create sustainable value for customers, employees and the nation.
PLC is a subsidiary of People’s Bank and is a limited liability company listed on the Main Board of the CSE. The PLC group consists of six subsidiaries: People’s Leasing Fleet Management Limited, People’s Leasing Property Development Limited, People’s Leasing Havelock Properties Limited, People’s Micro Commerce Limited, People’s Insurance and Alliance Finance PLC in Bangladesh.