MBSL introduces ‘Wheal Deal’ financial support scheme for BOP self employed during economic turbulence
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Merchant Bank of Sri Lanka and Finance PLC has launched a specialized leasing facility to the market dedicated for the purchase of Three Wheelers with a range of benefits to the customers. Government and private sector employees, self-employed personnel, small and medium scale entrepreneurs, and those who opt to drive Three Wheelers full time as an occupation are able to obtain this facility for registered Three Wheelers.
‘MBSL – Wheel Deal’ also offers an array of differentiated complementary benefits to the customers:
This special leasing facility will be processed within a day with a minimum amount of documentation, The ‘MBSL–Wheel Deal’ installment value and time period will be determined proportional to the income status of the customers seeking the facility. This scheme also designed to provide liquidity support to this BOP segment during this economic turbulence.
MBSL which was established in year 1982 became a public company registered in the Colombo Stock Exchange in year 1991. Contemporarily it has become a pioneering financial institution in the field of investments and corporate financial services sector in Sri Lanka which rewards its customers with excellent leasing facilities, credit facilities for SMEs (Small and Medium Size Enterprises), credit facilities for commercial entities, corporate advisory services, stock market related services, fixed deposit, savings accounts, children’s savings accounts, property sales and also gold loan services; with outstanding proficiency.
The major shareholder of the MBSL with the ownership of shares amounting to 74% of the total shares is the Bank of Ceylon, which is the number one Bank in Sri Lanka. The Branch Network of MBSL comprises of 48 islands wide, inclusive of the Head Office located in the BOC Merchant Tower in Colombo 03.