SMB Finance PLC
0.40
LKR
+0.10
(+33.33%)
ISIN
LK0215X00009
Return %
Stock
S&P 500
1Y
-20.00
14.20
3Y
33.33
81.12
5Y
33.33
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Supul Wijesinghe
- Full Time Employees
- 76
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Colombo Sri Lanka
- IPO Date
- Oct 7, 2010
- Website
- smblk.com
- Similar Companies
- Business
- SMB Finance PLC is a Sri Lanka-based licensed finance company primarily engaged in providing consumer and commercial financial solutions, including asset leasing, loan products, gold-backed financing, public deposit mobilization, and treasury services. The company operates through four primary business segments: Leasing, Loans, Gold Loans, and Treasury. Its comprehensive product portfolio includes finance leasing facilities for registered and unregistered vehicles, commercial fleets, buses, trucks, agricultural machinery, and industrial equipment; loan facilities encompassing residential mortgage loans, property development loans, personal credit facilities, business term loans, and secured micro-lending for small and medium-sized enterprises; gold loans and pawning solutions offering short-term liquidity against gold jewelry and precious metals; public deposit products comprising fixed term deposits with flexible maturity options, regular savings accounts, and tailored schemes for senior citizens; and treasury and money market operations involving investments in government securities, treasury bills, treasury bonds, and interbank money market transactions. In addition to its core operations, the company holds interests in its subsidiary SMB Money Brokers (Pvt) Ltd, which engages in money brokering and financial market facilitation, as well as associate company Kenanga Investment Corporation Ltd. Founded in 1992 and headquartered in Colombo, Sri Lanka, SMB Finance PLC serves retail customers, self-employed professionals, and micro, small, and medium-sized enterprises (MSMEs) through an expanding island-wide branch network across key regional and commercial centers in Sri Lanka. In recent developments, the company rebranded from SMB Leasing PLC to SMB Finance PLC following the acquisition of a Finance Business License under the Finance Business Act No. 42 of 2011 from the Central Bank of Sri Lanka, enabling its transition into a full-service non-banking financial institution. Following this regulatory upgrade, SMB Finance PLC has aggressively expanded its public deposit mobilization activities, upgraded its branch and gold loan service infrastructure, diversified its loan book, and achieved rapid asset expansion, surpassing Rs. 6 billion in total assets while delivering record revenue and profitability growth.