Now it's Ceylinco Finance PLC

Ceylinco Securities and Financial Services, a subsidiary of Ceylinco Consolidated has obtained approval from the Central Bank to change its name to Ceylinco Finance PLC.

The strategic change was made to identify the company by its core business activity which is finance and gain recognition among its partners and customers.

Deputy Chairman, Ceylinco Finance PLC, W.G.B.M. Ranaweera said the company will merge with Asian Finance Ltd when the licence is obtained.

Ceylinco Finance PLC has gained recognition among capital markets and the real estate sector in the country.

The Deputy Chairman said the company plans to expand its branch network to tap rural markets.The company which was set up in 1987 has over 11 branches in the country.

The Ceylinco Stock Brokers (Pvt) Ltd., CSF Money Broking Co. Ltd., Ceylinco Land Exchange Ltd., and Ceylinco Real Estate Developers Ltd. are some of the subsidiaries of Ceylinco Finance PLC.

LF