Free Insurance cover from Mercantile Investments
Mercantile Investments Limited, one of Sri Lanka's leading finance
companies is offering their valued depositors a Free Accidental Death &
Dismemberment cover up to Rs. 10 million.
This innovative value-addition by Mercantile Investments Ltd., is a
token of the company's appreciation for the trust and confidence placed
by its depositors and becomes a first of such a cover.
This insurance cover is facilitated through M/s Hayleys AIG Insurance
Co Ltd. Mercantile Investments Ltd., has been in the fore front of the
finance business for the past 42 years, securing the best returns for
depositors and also offering the best deals for lease and hire purchase
facilities.
The company has branch offices in Negombo and Kohuwela and plans to
expand its branch network further. During the financial year 2005/06,
the company made a pre-tax profit of Rs. 360.8 million, an increase of
16% over 2004/05 and Revenue of Rs. 974 million, an increase of 22% over
the previous financial year.
Mercantile Investments Ltd, has been assigned an investment grade
long-term financial institution rating of A2 with a stable outlook by
Lanka Rating Agency.
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