Commercial Development Company PLC is a Sri Lanka-based company that provides property development and related ancillary services, and manpower needs for various support services which are unrelated to providing core banking services to the customers of Commercial Bank of Ceylon PLC (the Bank). The Company's segments include rent income on premises, outsourcing services, vehicle hiring income and other utility services. The rent income on premises segment includes property development and letting of Investment Property. The outsourcing services segment provides manpower needs for various support services which are unrelated to providing core banking services to the customers of the Bank. The vehicle hiring income segment provides hiring of motor vehicles service for the Bank. The other utility services segment provides janitorial services, air conditioning services and other premises related maintenance services to the Bank. It is a subsidiary of Commercial Bank of Ceylon PLC.
More about the company