AMW – Capital Leasing, well positioned to navigate turbulence - CEO | Sunday Observer

AMW – Capital Leasing, well positioned to navigate turbulence - CEO

11 October, 2020
Chamath Munasinghe
Chamath Munasinghe

Finance organisations in the country are currently facing a period of unprecedented turmoil, disruption, and uncertainty.

AMW – Capital Leasing has taken steps to ensure their customers can overcome the situation, avoid financial downfall and continue to achieve their financial goals.

CEO Chamath Munasinghe said, “Robust, well-regulated, well-capitalised, transparent and proactive financial organisations have a tremendous role to play if we are to successfully recover from the countless shocks the industry and economy have faced in recent times.

Capital Leasing remains positive that the situation can be fixed and we have taken several specially tailored measures to mitigate, manage, and overcome these novel challenges and ensure a faster recovery.”

AMW – Capital Leasing as a part of the AMW Group and global business conglomerate Al-Futtaim has a strong foundation and solid backing.

‘’We have always conducted our operations in an ethical and responsible manner, keeping the customer interest at heart and adhering to the core values of the Al-Futtaim Group, Respect, Integrity, Collaboration and Excellence.

This has helped us earn the immense trust of our customers and stakeholders placed in us.

We would like to assure our customers of the same integrity, commitment, and dedication as we sail through these challenging times,’’ he said.

Capital Leasing has already demonstrated immense resilience and has surpassed the core capital requirement of Rs. 2.5 billion, a target set by the Central Bank, which has to be achieved by 2021. The organisation currently holds Rs. 2.7 billion in core capital.