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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.

Board of Directors

 

NAME

DESIGNATION

DIRECTORSHIP STATUS

Mr. K Ratwatte Chairman Non Independent / Non-Executive Director

Mr. A M A Perera

Senior Director Independent / Non-Executive Director

Mr. W P R P H Fonseka

Director

Non Independent / Non-Executive Director

Mr. D N L Fernando

Director

Non Independent / Non-Executive Director

Mr. W N P Surawimala

Director

Non Independent / Non-Executive Director

Dr. N S Punchihewa

Director

Independent / Non-Executive Director

Mr. M P R Kumara  Director

Non Independent / Non-Executive Director

Mr.G.A.Jayashantha Director

Non Independent / Non-Executive Director

Chief Executive Officer

dammika

 

 

 

 

 

 

 

 

Mr. Dammika Hapuhinna is a Leasing and Banking professional with over 29 years of progressive experience in leasing & banking industries. He started his banking career at Seylan Bank PLC. In 2005 he moved to non-banking financial sector in the Kingdom of Saudi Arabia where he joined Saudi ORIX Leasing Company, the first specialized leasing company in Saudi Arabia and the first non-bank financial institution in the Kingdom. He played a key role in promoting lease financing in the Kingdom of Saudi Arabia. He was also a pioneering member of the Nations Trust Banks In-Store Banking concept. He holds a Master of Business Administration from University of Wales and an Executive Diploma in Business Administration from University of Colombo.

He has held several leadership positions in leading finance companies in the Kingdom of Saudi Arabia. He was also the architect instrumental for setting up a new finance company from ground up as their Head of Operations.

With his experience in banking and finance companies, he has gained exposure and expertise in Retail banking, Credit Banking operations, Lease financing, Consumer Finance, Real Estate Finance, Leasing operations, Receivable management, Product development, Risk management & Consumer protection.

 

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

124011426

VAT Registration No

124011426 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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