Subscribe to this RSS feed

Alliance Finance Company PLC secures USD 10 Mn Netherlands’ FMO in long term financing

Published in Money
Monday, 27 December 2021 04:22
Businesscafe - Sri Lanka’s oldest finance company, Alliance Finance Company PLC (AFC), has received the second tranche of USD 5 Mn from the Dutch Entrepreneurial Development Bank (FMO) as part of a long-term financing facility of USD 10M to expand its growing portfolio of MSME business. ...
Read more...

First Capital Treasuries PLC lists on the Colombo Stock Exchange

Published in Money
Thursday, 23 December 2021 15:23
Businesscafe - The shares of First Capital Treasuries PLC (CODE: FCT-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. ...
Read more...

HNB FINANCE PLC acquires Prime Finance PLC

Published in Money
Tuesday, 21 December 2021 07:51
  Businesscafe - Further extending its dominant position in the financial industry, leading integrated financial services institution HNB FINANCE PLC entered into a contractual agreement with Prime Lands and Prime Finance on 20th December, 2021, acquiring a controlling stake of 87.27% from Prime Lands (Pvt) Ltd, a pioneering force in Sri Lank...
Read more...

Sarvodaya Development Finance Shares Commence Trading on the CSE Today

Published in Money
Thursday, 16 December 2021 04:48
Businesscafe - After a sought-after IPO that was oversubscribed within hours on the opening day, shares of Sarvodaya Development Finance Limited will be listed and commence trading on the main board of the Colombo Stock Exchange today, 14th December 2021. ...
Read more...

CDB - Overall First Runner Up at BCCS Awards 2021

Published in Money
Sunday, 12 December 2021 03:41
Businesscafe - Building its business on visionary sustainability principles that have been translated into tangible action, Citizen’s Development Business Finance PLC (CDB) was recognized for its commitment to People.Planet. ...
Read more...

HNB FINANCE opens all new Gold Loan Unit at Mathugama branch

Published in Money
Monday, 06 December 2021 12:41
Businesscafe - Addressing the rising demand for gold loan services in the Kalutara district, Sri Lanka’s leading integrated financial services provider HNB FINANCE PLC launched its all new Gold Loan unit at its Mathugama branch located at No.143, Agalawatta road, Mathugama. ...
Read more...

HNB FINANCE relocates Nochchiyagama service centre; opens new Gold Loan Unit

Published in Money
Sunday, 05 December 2021 08:01
Businesscafe - Responding to the rapidly growing customer base in Nochchiyagama and the Anuradhapura district, leading integrated financial services provider HNB FINANCE PLC relocated its Nochchiyagama service centre from near the Buddhist Centre on Thabuththegama Road, Nochchiyagama to No.58, Puttalam road, Nochchiyagama, also featuring an all-n...
Read more...

Capital Alliance Limited thanks investors as IPO oversubscribes on opening day

Published in Money
Thursday, 25 November 2021 07:44
  Businesscafe - The Initial Public Offering (IPO) of Capital Alliance Limited (CALT) which opened on the 25th of November, was oversubscribed on the same day. ...
Read more...

AFC raises LKR 1 Bn in subordinate debt to Strengthen the Tier II Capital

Published in Money
Wednesday, 24 November 2021 09:55
Businesscafe - Alliance Finance Co PLC (AFC) has successfully raised LKR 1 billion in Tier II capital, with the aim of strengthening the regulatory capital of the Company to financially empower and facilitate the development of the Micro, Small and Medium enterprise sector in Sri Lanka. ...
Read more...

Sarvodaya Development Finance IPO oversubscribed on opening day

Published in Money
Wednesday, 24 November 2021 06:54
Businesscafe - Sarvodaya Development Finance’s (SDF) Rs. 1 billion Initial Public Offering (IPO) was oversubscribed on the initial opening day. ...
Read more...