Finance Company Archives

June 24, 2024

PHOTO-Commercial-Credit-secures-1st-place-in-K-Seeds-Investments-ranking-report.jpg

Colombo, Monday 24 June 2024. K Seeds Investments (Pvt) Ltd identified Commercial Credit and Finance PLC as the best performing finance company under the 1st category among the 28 listed finance companies in Sri Lanka through a ranking carried out based on their financial performance for the fourth quarter of 2023/24. The report segregates the […]

December 29, 2023

Siyapatha Finance, a finance company rooted in the local landscape, has recently broadened its presence by inaugurating the Badulla branch. This marks the company’s debut in the Uva Province. Situated at No. 65, Lower Street, Badulla, this newest addition to their network prioritizes supporting small and medium-sized enterprises (SMEs) and individual entrepreneurs, […]

June 6, 2023

UB Finance Co. Ltd., a premier licensed finance company in Sri Lanka, has been assigned a First-time National Long-Term Rating of ‘BB (lka)’ RWN by Fitch Ratings Lanka Ltd. UB Finance has been a significant player in the financial services space since its acquisition in 2011 by Union Bank of Colombo PLC, […]

November 21, 2022

Mahindra IDEAL Finance Limited, a leading licensed finance company in Sri Lanka, recently opened its new branch in Bandaragama, a key centre of trade and commerce in the Kalutara district. Located at 26, Kalutara Road, Bandaragama, the new branch provides customers with the full gamut of products and services offered by Mahindra […]

September 6, 2022

Premier finance company Siyapatha Finance recently expanded its island-wide branch network with the opening of its 41st branch at No. 46/12, Sayuru Sevana, Nawam Mawatha, Colombo 02. The new branch eagerly awaits to serve its loyal customers by providing them a remarkable experience while offering trusted solutions to new audiences in […]

May 23, 2022

Mahindra Ideal Finance is not only one of Sri Lanka’s leading finance companies, but also one of Sri Lanka’s top employers of choice, attested to by the Company being certified as a Great Place to Work for 3 consecutive years, most recently in 2021. The Company has also been recognized amongst […]

May 6, 2022

A premier licensed finance company focused on rural and semi-urban consumers, Mahindra IDEAL Finance, recently unveiled its 20th branch in Sri Lanka, in Kuliyapitiya, further expanding its growing island-wide network. Kuliyapitiya is an important commercial centre for the rural and semi-urban population in the North Western Province. Thus, this is an […]

July 13, 2020

Senkadagala Finance PLC recently announced that it received a US $25 million 5 Year Green Investment Facility from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO). FMO, a Dutch Development bank co-owned by the Dutch Government and Dutch Commercial banks, has a celebrated history of being the driving force behind investments that empower entrepreneurs globally. The US $25mn […]

June 25, 2020

Sarvodaya Development Finance, a licensed Finance Company approved by the Central Bank of Sri Lanka, has relocated its Kamburupitiya branch to provide an enhanced service to its valued customers in the area. The new branch is located at #7, Banduwatta, Akuressa Road, Kamburupitiya. Sri Lanka is widely known as the number one exporter of true […]

June 16, 2020

Fitch upgrades Siyapatha Finance credit rating to ‘A(lka)Stable’ Siyapatha Finance PLC, a fully owned subsidiary of Sampath Bank group, one of Sri Lanka’s trusted financial service providers, has been upgraded to A (lka) with a stable outlook from A- (lka) by Fitch Ratings Lanka Ltd, in their recalibration of national rating scale. The low default […]

Commercial Credit and Finance PLC secures 1st place in K Seeds Investments’ ranking report.

Siyapatha Finance Opens its 47th Branch in Badulla

Fitch Assigns UB Finance Co Ltd, the First Time National long-term rating of BB(LKA).

Bandaragama Welcomes Mahindra IDEAL Finance Limited

Siyapatha Finance nurtures its network with the opening of its 41st branch

Mahindra Ideal Finance: One of Sri Lanka’s Great Places to Work

Mahindra IDEAL Finance Unveils 20th Branch with Expansion into Kuliyapitiya

Senkadagala Finance receives US $25mn facility from FMO

Sarvodaya Development Finance relocates Kamburupitiya branch to better serve cinnamon farmers in the area

Fitch upgrades Siyapatha Finance credit rating to ‘A(lka)Stable’