Vallibel Finance Plc
CCSELK:VFIN.N000076.90
LKR
+1.00
(+1.32%)
ISIN
LK0364N00006
Return %
Stock
S&P 500
1Y
-35.36
14.20
3Y
133.38
81.12
5Y
94.48
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Jayantha Sarath B. Rangamuwa
- Full Time Employees
- 2,175
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Colombo Sri Lanka
- IPO Date
- Mar 31, 2010
- Website
- vallibelfinance.com
- Similar Companies
- Business
- Vallibel Finance PLC is a licensed non-banking financial institution based in Sri Lanka that provides a comprehensive range of retail, microfinance, and commercial financial services to individual consumers, entrepreneurs, and small- to medium-sized enterprises. Founded in 1974 as The Rupee Finance Company and rebranded following its acquisition by the Vallibel Group in 2005, the company operates as a major financial subsidiary of the Vallibel conglomerate and maintains its corporate headquarters in Colombo, Sri Lanka. The company's core product and service portfolio comprises finance leasing and hire purchase facilities for commercial vehicles, passenger cars, three-wheelers, and industrial machinery; fixed deposit and term investment accounts with customizable maturities and interest payout structures; gold loan and pawning services providing short-term liquidity against precious metal collateral; Auto Draft and Wheel Draft revolving credit facilities secured against motor vehicle assets; residential mortgage loans and commercial property financing; microfinance and group personal loan schemes designed for grassroots and self-employed borrowers; specialized educational loans; and secured working capital facilities for corporate and enterprise clients. Vallibel Finance delivers these solutions through an island-wide network of more than 85 branch locations across Sri Lanka, supported by alternative digital customer channels. In recent strategic and operational developments, Vallibel Finance has accelerated its asset growth, surpassing LKR 100 billion in total assets and scaling its asset base toward LKR 180 billion. To support this balance sheet expansion and reinforce its regulatory capital adequacy ratios in accordance with Central Bank of Sri Lanka directives, the company executed a 1-for-8 rights issue to raise approximately LKR 2.11 billion in Tier 1 equity capital. The company also strengthened its medium-to-long-term funding mix through the full subscription of rated, subordinated, unsecured redeemable debentures, backed by reaffirmed investment-grade entity and instrument credit ratings from Lanka Rating Agency. Furthermore, Vallibel Finance has broadened its geographic footprint by opening new branches in key regional commercial centers, including Pilimathalawa and Galewela, alongside sustained investments in digital transformation initiatives aimed at automating credit assessment workflows and enhancing remote service capabilities.