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Commercial Credit dividends in October

Commercial Credit and Finance PLC recorded the payment of an Interim Dividend of Rs. 0.50 per share for the financial year 2013/14 amounting to Rs. 119 million.

It is due to be paid on October 10. This follows the capitalisation of reserves effected by the Company in March 2013 on the basis of one share for every 10.9 shares held. Commercial Credit is a finance company registered with the Monetary Board of the Central Bank of Sri Lanka and has been in existence for over 30 years.

According to the interim financial statements issued by the Company for the quarter ended June 30, 2013, its total asset base is almost Rs. 20 billion.

Commercial Credit has a service network of over 60 service points spread across the island.

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