Richard Pieris Finance to merge with Chilaw Finance

Apr 20, 2018 (LBO) – Sri Lanka’s Richard Pieris Finance Ltd, will merge with Chilaw Finance PLC.

The merger will see Richard Pieris Finance Ltd. asset base grow by 16 billion rupees with a projected growth of 1.7 billion rupees Profit Before Tax by 2020.

It will also see a rapid expansion of its branch network and will double its customer base.