Saturday, 21 April 2018

Richard Pieris Finance to merge with Chilaw Finance

LBO - Sri Lanka’s Richard Pieris Finance Ltd, will merge with Chilaw Finance PLC.

The merger will see Richard Pieris Finance Ltd. asset base grow by 16 billion rupees with a projected growth of 1.7 billion rupees Profit Before Tax by 2020.

It will also see a rapid expansion of its branch network and will double its customer base.

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