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The Merchant Bank of Sri Lanka (MBSL) & Finance PLC is a leading financial services provider in the country with a rich financial history as Sri Lanka’s pioneer specialist in trade finance and investment banking. MBSL and Finance PLC is listed in the Colombo Stock Exchange and is a finance company licensed by the Central Bank of Sri Lanka.

We are one of the fastest growing financial services providers in the country with a rapidly growing team, expanding branch network and product portfolio, and an increasing customer base. As one of the most stable finance companies in the country, we provide a range of secure investments for your funds, together with financial support for the growth and development of your entire family.

MBSL & Finance PLC’s core business is lending and deposit taking and the provision of investment and advisory solutions.

Message from the Chairman

Banking has come a long way from its origins. So has MBSL, having been the premier Merchant Bank of Sri Lanka affording comprehensive financial solutions to the country for over three decades.

Our product portfolio goes beyond the conventional. From our Corporate Advisory Division that offers advice and assistance in project planning, mergers and more, to our Trade Finance Division that offers a multitude of funding facilities, to our Capital Markets Division that takes on the tasks of acting as registrars for share issues, listings, equity and debt placements, handling debentures and bonds, managing portfolio/ investment plans and more, the services offered by MBSL are renowned for their comprehensiveness, speed and ease.

Today, our nation is on a development drive. And so are its people. There is hope, there are dreams, and there is the will to overcome all to see the light of success. And where that passion is, we are willing to help. We look forward to going the distance with you, offering every assistance that a bank can give, from expert knowledge to funding options, as you chase your dreams.

Thank you,

Dr. Sujeewa Lokuhewa
Chairman - Merchant Bank of Sri Lanka & Finance PLC

 

Message from the CEO

With 36 years of experience in the Financial industry, Merchant Bank of Sri Lanka and Finance PLC is rapidly emerging as one of the most stable and fastest grwoing financial service providers in Sri Lanka. We are backed by the future focussed vision of a veteran leadership and a motivator and professional team, to provide unmatched services.

Our business strategy is focused on the four strategic pillars of business growth, building optimum customer relationships, nurturing a multi-skilled team and maintaining a sustainability agenda, to drive portfolio expansion and sustainable value creation for all key stakeholder groups.

As we continue to expand our footprint across the nation, we are dedicated to achieve inclusive growth by supporting the expansion and development of all catagories of individual and institutional customers. We will make all efforts to strengthen the economic foundations of the country through the timely and reliable provision of specialised and flexible financial solutions that meet a wide range of customer requirements, whatever these maybe and wherever they maybe located. Our growth will be underpinned by continued productivity improvements and efficiency gains to garner maximum returns for all stakeholders while unleashing continuous value growth for our shareholders.

As the MBSL brand gains market share and mind share among an ever-growing customer base, we are fully commited to uphold our values and business ethics of sustainable economic growth that is both socailly and enviromentally responsible, by maintaining the highest standards of complience and good governance.

Thank you.

Jude Gamalath
Acting Chief Executive Officer - Merchant Bank of Sri Lanka & Finance PLC

 

 

Board of Directors

PHOTO

NAME

DESIGNATION

DIRECTORSHIP STATUS

Lokuhewa

 Dr. Sujeewa Lokuhewa

Chairman

Non Executive
Non Independent Director

Dayarathne

Mr. Sunil N Dayaratne

Senior Director

Non Executive
Independent Director

Fonsekar

Mr. W P R P H Fonseka

Director

Non Executive
Non Independent Director

Bandara

Mr. K B S Bandara

Director

Non Executive
Non Independent Director

Perera

 

Mr. Niroshana Perera

 Director

Non Executive
Independent Director

Arsakularatne

 

Mr. S P Arsakularatne

 Director

Non Executive
Independent Director

manager pro

Mr. M P Ruwan Kumara

Alternative Director

Non Executive
Non Independent Director

manager pro

Mr. R M D V Jayabahu

Director

Non Executive
Non Independent Director

manager pro

Mr. G R Mohan Wijesinghe

Director

Non Executive 
Non Independent Director

 

 

Historic landmarks

    • 1980: Initiated as a specialised management consultancy division of the state owned Bank of Ceylon
    • 1982: The Merchant Bank of Sri Lanka (MBSL), Sri Lanka’s first dedicated merchant bank, is established as a limited liability company
    • 1989: Established the first subsidiary company, Lanka Securities (Pvt) Ltd, Sri Lanka’s first share brokering company
    • 1991: Listed on the Colombo Stock Exchange
    • 1992: Acquired Colombo Credit Ltd
    • 2000: Obtained license from the Central Bank of Sri Lanka to operate as a leasing company
    • 2005: Initiated strategic alliance with SBI Capital Markets Ltd of India
    • 2009: Acquired MBSL Savings Bank and MBSL Insurance
    • 2009: The Central Bank of Sri Lanka appoints MBSL as the managing agent of The Finance Company PLC
    • 2014: Name changed to Merchant Bank of Sri Lanka & Finance PLC
    • 2015: Successfully concluded a three-way merger between  MBSL Bank, MCSL Financial Service Ltd and MBSL Savings Bank (MSB) and commenced operations as a Registered Finance Company 
    • 2017: Initiated new 3-year strategic plan for the period 2017-2019, supported by the launch of a fully automated core banking system

 

 

Our Business Philosophy

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Corporate information

Name of Company

Merchant Bank of Sri Lanka & Finance PLC
(Formerly known as ‘Merchant Bank of Sri Lanka PLC’)

Company Registration No

PQ10

Legal Form

A limited liability company incorporated on 4th March 1982 under the Companies Ordinance No. 51 of 1938 and re- registered under the Companies Act No. 07 of 2007 on 4th March 2007 and quoted on the Colombo Stock Exchange.

A Registered Finance Leasing Company under the Finance Leasing Act No. 56 of 2000.

A Registered Finance Company licensed under the Finance Business Act No. 42 of 2011.

Stock Exchange Listing

25th April 1991

Registered Office

Bank of Ceylon Merchant Tower,
No. 28, St. Michael’s Road,
Colombo 03

Tax Payer Identification No

130%11426

VAT Registration No

130%11426 7000

Central Bank registration No. :

050

Financial Year End

31st December

Associate

Lanka Securities (Pvt) Ltd
No. 228/1, Galle Road Colombo 04
Tel : 4706757
Fax: 4706767
E-mail : This email address is being protected from spambots. You need JavaScript enabled to view it.
Web : www.lsl.lk

Auditors

SJMS Associates (Independent Correspondent Firm to Deloitte Touche Tohmatsu) Charted Accountants No. 11, Castle Lane Colombo 04

Lawyer

Julius & Creasy Attorneys-at-Law, Solicitors & Notaries Public No. 41, Janadhipathi Mawatha Colombo 01

Principal Banker

Bank of Ceylon

 

 


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