Sri Lanka’s leading non-bank finance company People’s Leasing & Finance (PLC), tied up with Lanka Ashok Leyland (LAL), for promoting Eagle A/C Mini Buses.
Lanka Ashok Leyland also assembles, imports and sells all types of AC and NON AC buses, Tippers, Trucks and Light Commercial vehicles. Under the leasing partnership LAL will offer customers free registration and revenue licensing, three free full-services (including oil and filter change) and a warranty for an unlimited driving time of 18 months.
In return PLC offers LAL customers a lease period for five years according to customer’s repayment capacity and a free full tank of fuel at the time of releasing the vehicle to the customers. The promotions will be on till March 31, 2018.
Fitch Rating Lanka has assigned PLC a credit rating of AA-(lka) which makes PLC the highest rated finance company in the country.
PLC is the only Sri Lankan finance company to have two international ratings of which one is equal to the Sovereign from Standard and Poor's (‘B+/B’) and the other is one notch below the Sovereign from Fitch Rating International (‘B’).
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