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Abans Finance Plc (Sri Lanka)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Abans Finance Plc Profile Updated: August 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Abans Finance PLC is a financial services company located in Colombo, Sri Lanka. It was established by the Abans Group, a well-known name in the country. The company started as a Registered Finance Leasing Establishment on April 19, 2006, and obtained a Finance Company license on August 27, 2007. Abans Finance PLC was listed on the Colombo Stock Exchange in 2011. The main products and services offered by Abans Finance PLC include Finance Leasing, Hire Purchase, Mortgage Loans, Personal Loans, Real Estate Development, and acceptance of Time and Savings Deposits. The company operates with nine branches, nine customer centers, and four kiosks, in addition to its head office. It reaches customers through the extensive island-wide network of the Abans Group. Abans Finance PLC aims to be one of the most trusted, innovative, and secure financial solutions providers in the industry. Its mission is to satisfy consumers through innovative products, personalized service, and a wide range of financial solutions. The company strives to maximize synergies with the Abans Group, empower employees, and create wealth, fuel growth, and add value for stakeholders.

Headquarters
No.400, Galle Road
Colombo; Western Province;

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Website: http://www.abansfinance.lk

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Outside Director
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Outside Director
Ownership Details
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50.22%
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41.71%
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1.33%
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1.21%
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0.7%
Company Performance
Financial values in the chart are available after Abans Finance Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net interest income
-14.67%
Operating profit (EBIT)
-68.64%
Net Profit (Loss) for the Period
-70.61%
Total assets
-1.59%
Total equity
3.68%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-4.95%
Loans to Asset Ratio
-0.32%

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