Vallibel Finance sets new benchmarks in Sri Lanka’s financial sector

• Total asset base expanded to Rs. 180.2 bn
• PBT increased by 37.5% to Rs. 7.6 bn
• Portfolio recorded strong growth by 70%

Jayantha Rangamuwa

Vallibel Finance PLC continued its strong growth momentum during FY 2025/26, delivering exceptional financial performance and further strengthening its position among Sri Lanka’s top four financial institutions. This achievement has been realized within just 19 years of operations, underscoring the company’s sustained growth trajectory and strategic vision.

For the year under review, Vallibel Finance reported a Profit Before Tax (PBT) of Rs. 7.6 billion, representing an impressive 37.5 percent increase over the previous year. Net Interest Income also recorded robust growth, rising by 36.1 percent to Rs. 11.04 billion. These results reflect the company’s ability to capitalize on market opportunities while maintaining prudent financial management and operational efficiency.

The strength of Vallibel Finance’s balance sheet was further demonstrated by the expansion of its asset base to Rs. 180.2 billion, a substantial 61.4 percent increase from Rs. 111.6 billion recorded in the previous year. This growth was driven by healthy portfolio expansion, effective risk management practices, and strong customer demand across its product portfolio. Asset quality also improved significantly, with the Non-Performing Loan (NPL) ratio declining to 2.53 percent from 3.56 percent, highlighting disciplined credit management, enhanced portfolio performance, and prudent cost controls.

These achievements build upon another significant milestone in Vallibel Finance’s growth journey, having become the fastest financial institution in Sri Lanka to surpass Rs. 100 billion in assets within just 17 years of operations. This accomplishment further reflects the company’s rapid growth trajectory, operational strength, and commitment to sustainable value creation. 

Further reinforcing its industry leadership, Vallibel Finance has been recognized as the ‘Best Finance Company’ by The Global Economics for several consecutive years. This prestigious recognition stands as a testament to the company’s unwavering commitment to service excellence, innovation, customer trust, and outstanding performance within Sri Lanka’s financial services sector.

The company’s strong financial standing is reinforced by its ‘A-‘Credit Rating from the Lanka Rating Agency and an ‘A’ Brand Rating from Brand Finance, reflecting its financial stability, brand strength, and commitment to delivering trusted financial solutions. The company has recognized as the ‘Best Finance Company’ by ‘The Global Economics’ for several consecutive years a testament to its service excellence and industry leadership.

The company’s profitability indicators remained equally strong, with Return on Equity (ROE) improving to 21.65 percent from 18.72 percent in the previous year, reflecting enhanced earnings generation and efficient capital utilization.

Commenting on the company’s performance, Managing Director Jayantha Rangamuwa attributed Vallibel Finance’s continued success to its strong focus on innovation and digital transformation. He noted that the company has consistently introduced innovative financial solutions designed to meet the evolving needs of customers while setting new standards within the industry. He further emphasized that Vallibel Finance’s ongoing digital transformation initiatives are focused on enhancing customer experience, improving operational efficiency, and leveraging technology to support sustainable long-term growth.

Vallibel Finance’s nationwide presence remains a key strategic advantage, supported by a robust and continuously expanding network of 92 branches across Sri Lanka. This extensive footprint enables the company to effectively serve customers across urban, semi-urban, and rural communities while supporting deposit mobilization, lending growth, and customer engagement.