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.
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 growing financial service providers in Sri Lanka. We are backed by the future focused 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 categories 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 committed to uphold our values and business ethics of sustainable economic growth that is both socially and environmentally responsible, by maintaining the highest standards of compliance and good governance.
Thank you.
Jude Gamalath
Acting Chief Executive Officer - Merchant Bank of Sri Lanka & Finance PLC
|
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 |
|
Mr. D N L Fernando |
Director |
Non Independent / Non-Executive |
|
Mr. W N P Surawimala |
Director |
Non Independent / Non-Executive |
|
Dr. N S Punchihewa |
Director |
Independent / Non-Executive |
| Mr. M P R Kumara | Alternate Director |
Alternate Director to Mr. W P R P H Fonseka |
- 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
| Name of Company |
Merchant Bank of Sri Lanka & Finance 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, |
|
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 |
|
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 |
Our service delivery network includes 49 physical branches island wide, to ensure easy access to financial services.
