Commercial Leasing & Finance PLC
Mr. Krishan Thilakaratne is the Director/CEO of Commercial Leasing & Finance PLC, as well as the Head of Islamic Finance of LOLC Group. He also serves on the board of Commercial Insurance Brokers (Pvt) Ltd – the largest insurance broker in Sri Lanka and associate company of Commercial Leasing & Finance PLC.
Prior to this, Mr. Thilakaratne was the CEO of Lanka ORIX Factors Ltd and CEO of Auto Finance of LOLC. He is an Associate Member of the Institute of Bankers of Sri Lanka and joined the LOLC Group in 1995.
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Commercial Leasing & Finance PLC
Commercial Leasing and Finance PLC is a Sri Lanka-based company engaged in leasing, hire purchase, loans, factoring, Islamic financing, micro financing and mobilization of public deposits. The Company's segments include Leasing, Hire Purchase, Loans, Factoring and Others. It offers fixed deposits, CLC savings account, CLC senior citizens account, CLC children's savings account, senior citizens savings and senior citizens fixed deposits. The Company offers leasing solutions to suit its customers' individual requirements. It offers vehicle and equipment leasing. The Company offers CLC FLEXI CASH account. Through its Commercial Factoring unit, the Company offers its clients the opportunity to obtain cash for account receivables, such as credit invoices. The Company, through its Islamic Business Division, offers Mudharabah, Ijarah, Murabaha, Diminishing Musharakah and Wakala Investments. The Company operates through approximately 60 branches in Sri Lanka.