Alliance Finance Company PLC
CCSELK:ALLI.N0000293.25
LKR
-1.75
(-0.59%)
ISIN
LK0005N00005
Return %
Stock
S&P 500
1Y
-38.39
14.20
3Y
271.20
81.12
5Y
329.99
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Romani Kumar Eardley de Silva
- Full Time Employees
- 1,780
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Colombo Sri Lanka
- IPO Date
- Sep 9, 2001
- Website
- alliancefinance.lk
- Similar Companies
- Business
- Alliance Finance Company PLC is a Sri Lanka-based non-banking financial institution that provides a comprehensive range of financial services to individual, micro, small, and medium-sized enterprise (MSME), and corporate clients. Founded in 1956 and headquartered in Colombo, Sri Lanka, the company operates an extensive nationwide distribution network of over 90 customer touchpoints across all 25 administrative districts of the country. The company's core operations and offerings are structured across several primary business segments: Leasing and Asset Finance, including finance leases, operating leases, and hire purchase facilities for commercial vehicles, passenger cars, three-wheelers, agricultural machinery, and industrial equipment; Lending and Credit Facilities, comprising MSME business loans, corporate term financing, working capital loans, project finance, women entrepreneur loans, personal loans, pledge loans, and gold-backed loan facilities; Deposit and Wealth Solutions, providing term fixed deposits, certificate of deposit schemes, regular savings accounts, senior citizen accounts, minors savings accounts, and specialized high-yield investment plans; Sustainable and Green Financing, offering targeted loan products for rooftop solar photovoltaic installations, clean energy projects, and environmental sustainability initiatives; and Ancillary Services, including insurance brokerage and agency solutions, automotive service center operations, fleet maintenance services, and vehicle trade-in brokerage. In recent developments, Alliance Finance Company PLC executed the landmark issuance of Sri Lanka's first green bond by a non-banking financial institution, securing a dual listing on the Colombo Stock Exchange and the Luxembourg Stock Exchange's Luxembourg Green Exchange to finance renewable energy and rooftop solar infrastructure. The institution subsequently broadened its green bond allocation framework to support the refinancing of existing eligible solar projects. To support portfolio expansion and enhance social impact lending, the company has engaged with international development finance institutions, including the Belgian Investment Company for Developing Countries. Additionally, the company formed strategic operational and technological partnerships, including collaborating with Emojot to deploy automated customer experience management systems and partnering with automotive distributors to streamline vehicle financing. The company also strengthened its corporate governance and reporting framework by voluntarily adopting the SLFRS S1 and SLFRS S2 sustainability disclosure standards.