Prime Finance PLC, a member
of the Prime Group, announced that it raised capital of Rs. 526.68 million
following the successful conclusion of its fully subscribed Rights Issue in
December 2020.
Prime Finance PLC is a
Licensed Finance Company by the Monetary Board of Central Bank of Sri Lanka (CBSL)
which provides personal and business finance solutions. The Company offers
fixed deposits, savings deposits, leasing, vehicle loans, mortgage loans, and
real estate development and related services.
The Company is assigned
with an issuer rating of [SL] BBB- (Pronounced SL triple B minus) with a stable
outlook by ICRA Lanka Limited, subsidiary of ICRA Limited, a group Company of
Fully subscribed Rights Issue of Prime Finance bolsters its core capital
January, 20, 2021
Prime Finance PLC, a member of the Prime Group, announced that it raised capital of Rs. 526.68 million following the successful conclusion of its fully subscribed Rights Issue in December 2020.
Prime Finance PLC is a Licensed Finance Company by the Monetary Board of Central Bank of Sri Lanka (CBSL) which provides personal and business finance solutions. The Company offers fixed deposits, savings deposits, leasing, vehicle loans, mortgage loans, and real estate development and related services.
The Company is assigned with an issuer rating of [SL] BBB- (Pronounced SL triple B minus) with a stable outlook by ICRA Lanka Limited, subsidiary of ICRA Limited, a group Company of Moody’s Investors Service.