Prime Finance PLC Appoints of H. M. L. M. B. Heenkenda as CEO with Effect from 1 March 2020

Prime Finance PLC, formerly Summit Finance PLC, is a finance company. The principal activities of the Company are acceptance of deposits, granting lease facilities, hire purchase, providing mortgage loans and other credit facilities and real estate development. Its segments are Leasing & Stock out on Hire, Loans & Receivables and Others. The loans and receivables segment comprises term loans, personal loans, mortgage loans, trader's loans and short-term loans. It offers a range of working capital loans over a moderate time period that are ideal for businesses and small corporates seeking funding to expand their operations. It offers Minor Savings account, which is designed for children under the age of 18, Senior Savings account, which is structured to meet the needs of pensioners and senior citizens, and Regular Savings account, which is for working professionals who are trying to save and grow their earnings as part of their long-term investment or retirement plans.