Vallibel Finance ‘s strikingly ultra-modern multi-storey corporate building in Colombo 3 augments the company’s reputation as a leading finance company in Sri Lanka. With an asset base of 94 billion rupees, the company is on a growth trajectory.
Jayantha Rangamuwa, Managing Director of Vallibel Finance, said that the company had recorded robust financial results in 2023/24, reinforcing its commitment in the past seventeen years of spearheading financial inclusion in the country, which it has persistently fulfilled with an impressive network of 68 branches.
The company’s Profit Before Tax (PBT) showed a 68.1 percent growth of 4.6 billion rupees, while revenue soared to 20.03 billion rupees and deposit base grew by 18.1 percent to 58.6 billion rupees, demonstrating the company’s strong customer focus while adopting prudent asset and liability management strategies.
“Achieving this milestone despite headwinds reflects the robust nature of our people and processes, backed by digital technology and data-driven insights. I feel heartened by the selfless contribution of the entire staff in surpassing the targets set for the year,” said Jayantha Rangamuwa.
As one of the leading finance companies, Vallibel Finance embraces innovation and contemporary design at its corporate office, with an energetic team that reflects the spirit of the company in delivering a range of services that include leasing, fixed deposits, gold loans, group personal loans, mortgage loans, education loans, auto drafts, and microfinance products.
At the heart of delivering the company’s success are its employees, who reflect a collective identity. They are on a constant learning curve, with opportunities for training and development and career mobility, facilitated through an in-house auditorium with a capacity for over three hundred, which boasts of state-of-the-art facilities that go hand in hand with the company’s culture and its approach to providing a modern corporate environment to deliver its services successfully.
The Vallibel Finance Code of Business Conduct and Ethics reveal that efficiency and quality are at the heart of service delivery, and where every individual in the value chain gets an opportunity to thrive and savor success.
As Vallibel Finance celebrates a great year, Jayantha Rangamuwa reiterated their commitment to excellence as they prepare for rapid expansion in 2024, to serve and grow better in the future.
Jayantha S.B. Rangamuwa, Managing Director, Vallibel Finance.
The impressive Vallibel Finance corporate office building is located in Colombo 3.
