Company profile
CBC Finance PLC
- Industry
- Financial Services
- Employees
- 203
- Headquarters
- Kandy
- Office locations
- 1
CBC Finance PLC company summary
CBC Finance PLC is a company in the Financial Services industry, headquartered in Kandy. On LinkedIn the company has around 203 employees.
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About CBC Finance PLC
CBC Finance is a Non-Banking Financial Institution (NBFI) in Sri Lanka that is a fully owned subsidiary of the Commercial Bank of Ceylon PLC. the largest private sector bank in Sri Lanka. The company has a credit rating of A (Ika) with a stable outlook by Fitch Ratings and has been registered by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011. The Company was incorporated as Indra Finance Ltd. in 1987 as a fully owned subsidiary of Indra Traders (Pvt) Ltd. At the initial stages, it catered to the growing market of financing vehicles. The Commercial Bank of Ceylon PLC acquired full ownership of Indra Finance Ltd. in 2014 under the then Financial Sector Consolidation Plan and renamed the entity as Serendib Finance Ltd. in 2015. In December 2020, the Company was renamed as CBC Finance Ltd. in order to reflect the close association with the Commercial Bank of Ceylon PLC.
Where is CBC Finance PLC located?
CBC Finance PLC lists 1 location.
Compare companies similar to CBC Finance PLC
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| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
CBC Finance PLC cbcfinance.lk | Financial Services | 203 | - | Kandy |
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Frequently asked questions about CBC Finance PLC
What does CBC Finance PLC do?
CBC Finance is a Non-Banking Financial Institution (NBFI) in Sri Lanka that is a fully owned subsidiary of the Commercial Bank of Ceylon PLC. the largest private sector bank in Sri Lanka. The company has a credit rating of A (Ika) with a stable outlook by Fitch Ratings and has been registered by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011. The Company was incorporated as Indra Finance Ltd. in 1987 as a fully owned subsidiary of Indra Traders (Pvt) Ltd. At the initial stages, it catered to the growing market of financing vehicles. The Commercial Bank of Ceylon PLC acquired full ownership of Indra Finance Ltd. in 2014 under the then Financial Sector Consolidation Plan and renamed the entity as Serendib Finance Ltd. in 2015. In December 2020, the Company was renamed as CBC Finance Ltd. in order to reflect the close association with the Commercial Bank of Ceylon PLC.
How many employees does CBC Finance PLC have?
CBC Finance PLC has around 203 employees on LinkedIn.
Where is CBC Finance PLC headquartered?
CBC Finance PLC is headquartered in Kandy.
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