Commercial Credit bags ‘Best Finance Company in Asia’
Cementing its reputation as a premier financial institution
benchmarking the highest international standards of service and
operation, Commercial Credit was adjudged the ‘Best Finance Company in
Asia’ at the recently concluded international UDC Business Awards in
Former Prime Minister of Malaysia, Dr. Mahathir Mohamed
presents the Award to Commercial Credit’s Corporate Planning
DGM Andrew Samuel. Also in the picture are (right to
left) DGMs (Operations) Sudath Jayasekera and K.L.A
“Winning the prestigious international UDC Business Awards validates
Commercial Credit’s reputation as an eminent financial institution in
the Asian region, and puts the company on the global map of leading
finance institutions”, Commercial Credit CEO Roshan Egodage said.
Presented for the first time by the Universo De’Comercio (UDC) UK in
collaboration with El Universo De’Comercio Sdn Bhd, Malaysia, the UDC
Business Awards attracted much attention from private and government
sectors, as well as leading business personalities and entrepreneurs.
Prestigious and much sought after, the Awards showcase high achieving
companies and personalities around the world as well as highlight the
importance of business integrity.
The UDC has cited Commercial Credit’s outstanding accomplishments in
business development as the defining factor in the company winning the
Competing among several prestigious companies in the Asian region,
the company’s stellar track record of successes and record-breaking
achievements over the past few years secured the company the illustrious
Corroborating his statement are the figures the company has achieved
in terms of profit and growth. A 1457% increase in pre-tax profits for
the year ending 2011 compared to 2010, and a staggering rise in profits
from Rs 15 million for the first quarter of 2010 to Rs 192 million for
the corresponding quarter of 2011 earned the company the distinction of
the highest profit increase in the finance industry.