Company Act 1994
Mercantile Bank’s suffix changed to PLC from Limited
The change comes into effect today
27 August 2023
LankaBangla Finance becomes LankaBangla Finance PLC
Companies are switching to the PLC (Public Limited Company) suffix in order to comply with the amended Company Act 1994
22 August 2023
Banks get nod to complete procedures to add PLC suffix
A PLC is a public company and is the equivalent of a US publicly traded company that carries the Inc. or corporation designation
22 February 2023