PMF Finance PLC has fortified its financial position through a capital boost from the Commercial Bank of Ceylon, with an initial disbursement of Rs. 500 million out of Rs. one billion.
Chairman of PMF Finance, Chandula Abewickrama said, “This substantial financial support from Commercial Bank is a testament to our financial stability and operational resilience. The trust placed in us by the largest private bank in the country speaks volumes about our reliability and the strength of our governance.” CEO designate of PMF Finance, Prof. Ajith Medis said, “The funds we have secured will be instrumental in our efforts to strengthen the SME sector. We plan to strategically deploy this capital to provide innovative financial solutions that support the growth of small and medium businesses across various industries.”
