Serendib Finance, a fullyowned subsidiary of Commercial Bank of Ceylon relocated its Dambulla branch to a spacious new building, and has announced higher interest rates for fixed deposits.
The new office located on Anuradhapura Road, Dambulla was declared open by Dharma Dheerasinghe, Chairman of Commercial Bank and Serendib Finance, S Renganathan, MD/ CEO, Commercial Bank and Upul Dissanayake, CEO, Serendib Finance in the presence of representatives of senior management and staff of the company.
Assigned an A+ rating by Fitch, Serendib Finance 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 relaunched as Serendib Finance in 2015, nine months after it was acquired by the Commercial Bank of Ceylon.
Today Serendib Finance operates a network of ten branches around the country, and it is powered by ICBS technology.