Combined Forces to Fuel MBSL's Growth

(Created date: 14-Jul-2015)

The Quarter ending 31st March 2015 signifies Merchant Bank of Sri Lanka & Finance PLC's (MBSL), first quarter as a consolidated and unified entity, following the successful amalgamation with MBSL Savings Bank Ltd (MSB) and MCSL Financial Services Limited (MCSL) in January 2015. With a total post-merger Balance Sheet size of LKR 27.3 billion, the amalgamation and the resultant conversion to a Licensed Finance Company under the Finance Business Act No. 42 of 2011 has enabled the Group to attract relatively low-cost public deposits and diversify its funding sources.

The Group's branch network also extended to 49 and the expansion of our human resource consisting of experienced and talented staff has provided ample opportunity for growth, in previously untapped geographical regions and industry sectors.

MBSL Services
  • Real Estate

  • Real Estate

  • Vehicle for sale

  • Cars

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