Softlogic Finance Archives

June 3, 2024

May 31, 2024: Softlogic Capital, the financial services sector of the Softlogic Group consisting of Softlogic Life, Softlogic Finance, Softlogic Stock Brokers and Softlogic Asset Management (Softlogic Invest), recorded robust and resilient revenue growth, reporting notable top-line growth during the year ended 31 March 2024. Softlogic Capital’s consolidated revenue reached Rs.36.7 billion for the year […]

March 27, 2023

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Colombo, Sri Lanka, 27 March, 2023 – Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, has announced the appointment of Ivon Brohier as its Chief Executive Officer (CEO) with effect from 27th of March 2023. Brohier, who has been serving as the Acting CEO and Chief Financial Officer (CFO), will commence […]

December 22, 2022

Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, announced its recently concluded Rs 850mn Rights Issue which saw keen demand, and was successfully oversubscribed and fully allotted. The funds raised from the Rights Issue will infuse fresh capital for adherence with capital adequacy requirements as well as supporting the company’s digitalization […]

October 21, 2022

Colombo, October 20 2022 – Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, has revealed plans to go for a Rights Issue to raise over Rs. 850mn to infuse fresh capital for adherence with capital adequacy requirements as well as supporting its digitalization drive and business expansion of the Company. The […]

May 31, 2022

Secured lending portfolio and management restructuring process yields early results Tuesday, May 31, 2022 – Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, has posted a Net Interest Income of LKR 1.35 Billion year to date (YTD) as at March 31,2022 recording a 146% Year-on-Year (YoY) increase despite the challenging […]

June 30, 2021

Zero NPLs on Rs. 14 Billion worth loans in a globally challenging year Colombo, June 30, 2021 – Softlogic Finance PLC, a subsidiary of Softlogic Capital the financial arm of the Softlogic Group, announced plans to strengthen its Tier 1 Capital in compliance with Capital Adequacy Requirements as stipulated by the Central […]

May 14, 2021

Sights set on multifaceted business expansion Colombo, May 13, 2021 – Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, is all set to launch a Rights Issue to raise over Rs. 2.2 billion in a bid to infuse fresh capital for business expansion with a focus on the company’s future growth. […]

April 26, 2021

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Colombo, April 27, 2021 – Softlogic Finance PLC successfully raised Rs. 1 Billion through the issuance of a Lease Receivables Securitization, marking one of the major securitizations in the industry to date in Sri Lanka, the company announced recently. In a concentrated effort to move towards a prominent position in the market, […]

January 13, 2021

Softlogic Finance CEO Lauded for contribution towards social change Colombo, January 2021 – Priyantha Wijesekera, the Chief Executive Officer of Softlogic Finance PLC was honoured with the “Innovation Leadership Award” at the Sri Lanka Innovation Leadership Awards 2020, for his contribution towards social change through exemplary leadership. Presented by the Asian Confederation of Business on […]

October 21, 2020

Planned acquisition and merger with Abans Finance sets up company with Rs 32Billion asset base Colombo, October 20, 2020 – Softlogic Finance PLC received Colombo Stock Exchange (CSE) approval for its Rights Issue of Rs 1.9 billion and the Extraordinary General Meeting of the Company is fixed for 9th November 2020, with the funds expected […]

Softlogic Capital defies tough economic headwinds to grow by 13%, records Rs. 36.7 Bn Revenue and Rs. 431 Mn PBT in FY24

Softlogic Finance PLC appoints Ivon Brohier as new Chief Executive Officer

Softlogic Finance Rs 850mn Rights Issue Oversubscribed

Softlogic Finance to Raise over Rs. 850mn in Rights Issue

Softlogic Finance Posts Record 146% Increase Year-on-Year in Net Interest Income

Softlogic Finance’s Growth Trajectory Backed by Shareholder Confidence

Softlogic Finance to Raise over Rs. 2.2 Bn in Rights Issue

Softlogic Finance Successfully Completes One Billion Rupee Securitisation

Priyantha Wijesekera wins Innovation Leadership Award

CSE approves Softlogic Finance Rs 1.9Billion Rights Issue