The new service outlet was declared opened by Bank of Ceylon Chairman Dr.Gamini Wickramasinghe at the auspicious hour amongst a distinguished gathering.
Speaking at the occasion, The Chairman of MBSL Bank Mr.M.R.Shah stated, “this is a special day because of what this event symbolizes. We can reflect today on� MBSL Banks growth and progress--and we can think ahead to a future of continued achievement and success. We have �come a long way in a short time, and the future looks very strong .Our fast-growing Merchant Banking division has many products that will give tremendous benefits to our customers. We have local, customer service-focused branches with managers who are long-term members of their local communities who understand our customer expectations and how best to deliver to meet their individual requirements .Our aim is to ensure economic empowerment ranging from the small and medium enterprises to large scale corporate organizations. The Bank’s policies recognize that the strength of any society—as a whole -- will ultimately depend on the progress of each of that society’s parts. Currently, if one were to redefine corporate advisory and capital markets, leasing, trade and project finance, the name that would easily spring to mind would be none other than MBSL. “
Mr.Shah added “We also recognize today some of the qualities which have produced these past accomplishments and which I believe will be key to future successes. One of the key ingredients of our success is the spirit of cooperation and hard work of the management and its highly professional staff. As we recognize them, we admire the way the Bank has evolved as one team—bringing together people of diverse backgrounds. Today, in both its internal operations and its external actions, MBSL Bank represents the spirit of pluralism, and the conviction that diversity is a source of strength and vitality.”
To mark this occasion ,the bank also launched it’s website which includes a comprehensive guide to the full suite of merchant banking services offered by MBSL that include Micro Finance, Trade Finance, Corporate advisory and leasing services.”
Merchant Bank of Sri Lanka PLC is a public quoted company with limited liability and is listed on the Colombo Stock Exchange .Its roots are strong with a stated capital of LKR 1,067 million and its largest shareholder, the Bank of Ceylon holding a strategic stake of 72%. MBSL has a strategic alliance with SBI Capital Markets Limited the largest investment Bank in India.
The Bank has a long-standing reputation for excellence in providing a range of benefits in� leasing facilities with flexible payment structures designed to suit individual requirements and financial assistance for the lease of� brand new and unregistered vehicles and hire purchase facilities for registered vehicles. The bank also offers one-day three-wheeler lease that offers a quick and simple lease that will help one to purchase a brand new three-wheeler of their choice in just one day.
Recognizing the importance of small and medium scale entrepreneurs to the growth of our national economy, MBSL Bank has also launched the “Gami Diriya” loan scheme that offers �financial solutions based around their� requirements in tandem with many value-added services. Over the years, MBSL Bank has financed traditional and non-traditional business enterprises particularly within the small and medium size category and firmly believe in the importance of their �role in facilitating the access to finance for their business customers in this category .
MBSL Bank remains dedicated to bringing its customers one step closer to accomplishing their life long ambitions and uplifting their standards of living, �through the range of services that is accessible through its specialized financial solutions that cater to individual and corporate clients.
Fri, March 7, 2014