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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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