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.
|
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 |
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.
- 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.
