Commercial Leasing & Finance PLC Archives

June 23, 2021

Profit Before Tax up by 34% over previous year to record Rs. 2.67 Bn Profit After Tax soars by 43% to reach Rs. 2.2 Bn 60,000 moratoriums granted to support customers Gross Portfolio growth of 15% Deposit growth of 32% NPLs at 6.49% against industry average of over 13.87% Provision cover of […]

March 10, 2021

Non-Performing Loans at 60% below the industry average Profits increased by 47% Portfolio grew by 5% Deposits rose by 19% Commercial Leasing & Finance PLC (CLC) delivered a powerhouse financial performance despite the wider economic and industry volatility caused by the COVID-19 pandemic. CLC recorded excellent numbers for the first nine months […]

August 20, 2020

Increases PAT by 29% and retains industry-best NPLs ‘A’ Stable rating reaffirmed by ICRA Rated amongst Top 50 Brands for 2019/20 by LMD Commercial Leasing and Finance PLC (CLC) concluded FY2019/20 on an impressive note, consistently performing well year on year despite the extremely challenging events that marked the financial year. As a further […]

Commercial Leasing & Finance PLC (CLC) posts historic profits in COVID-impacted FY2020/21

Commercial Leasing & Finance PLC (CLC) delivers exceptional nine-month interim financial results; on track to surpass profitability over 2019/20 by year-end

Commercial Leasing & Finance PLC records a breakout performance in 2019/20