AMW CAPITAL LEASING AND FINANCE PLC

Business Summary

AMW Capital Leasing and Finance PLC is a Sri Lanka-based finance company. The Company is engaged in granting lease facilities, hire-purchase facilities, mortgage loans and acceptance of deposits. The Company operates through four segments: Finance Lease, Hire Purchase, Term Loans and Unallocated. Finance Lease includes assets leased to customers, which transfer substantially all the risks and rewards associated with ownership other than legal title (absolute ownership). The Hire Purchase segment includes assets hired to customers under hire-purchase agreements, which transfer all the risks and rewards incidental to ownership as well as the legal title at the end of such contractual period. The Term Loans segment includes loans given to individual and institutional customers. The Operating Lease segment includes leases where the lessor effectively retains substantially all the risks and rewards of ownership over the leased term. The Unallocated segments include other operations.

Country of Incorporation

Sri Lanka

Incorporation Date

2006-02-23

Business Sector

Banking & Investment Services