Company Commercial Credit and Finance PLC

Equities

COCR.N0000

LK0380N00002

Consumer Lending

End-of-day quote Colombo S.E. 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
34 LKR 0.00% Intraday chart for Commercial Credit and Finance PLC +2.10% +16.84%

Business Summary

Commercial Credit and Finance PLC is a Sri Lanka-based financial services company. The Company is engaged in the acceptance of deposits, granting lease facilities, hire purchase, term loans, personal loans, pawning, other credit facilities, real estate development and related services. It offers solutions including fixed deposit, auto loan, educational loans, micro loan, and revolving business loan. The Company’s segments include Finance Lease, Hire Purchase, Microfinance and SME Loans, Gold loan, Term Loan, Revolving Loans, and Investments. The Company’s auto loan solution for the purpose of purchasing motor vehicles, motor cars, jeeps and motor vans. Its educational loan is a tailor-made financial solution for students who seek both local and foreign higher education. The Company’s microfinance loan product is designed to support small and medium women entrepreneurs in Sri Lanka.

Number of employees: 3,334

Sales per Business

LKR in Million2022Weight2023Weight Delta
Hire Purchase
38.9 %
6,618 30.3 % 11,281 38.9 % +70.47%
Finance Lease
27.8 %
9,751 44.7 % 8,048 27.8 % -17.46%
Gold Loan
14.8 %
2,491 11.4 % 4,286 14.8 % +72.06%
Investments
8.3 %
690 3.2 % 2,420 8.3 % +250.61%
Microfinance and Small and Medium Enterprise Loans
4.6 %
833 3.8 % 1,338 4.6 % +60.66%
Term Loan
2.8 %
595 2.7 % 816 2.8 % +37.07%
Unallocated
2.4 %
746 3.4 % 689 2.4 % -7.62%
Revolving Loans
0.4 %
97 0.4 % 120 0.4 % +24.24%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
100.0 %
21,820 100.0 % 28,998 100.0 % +32.89%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 30/09/09
Director of Finance/CFO - -
Chief Operating Officer - 04/01/16

Members of the board

Members of the board TitleAgeSince
Chief Operating Officer - 04/01/16
Director/Board Member - 31/07/23
Director/Board Member 58 25/12/09
Chief Executive Officer 59 30/09/09
Director/Board Member - -
Chairman - 30/09/21
Director/Board Member - 25/06/19
Director/Board Member - 30/06/22
Director/Board Member - 30/06/21
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 318,074,365 25,489,900 ( 8.014 %) 0 8.014 %

Company contact information

Commercial Credit & Finance PLC

No. 106, Yatinuwara Veediya

20622, Kandy

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http://www.cclk.lk
address Commercial Credit and Finance PLC(COCR.N0000)
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