Abans Finance launches maiden debenture issue listing on CSE

From left: Upul Gunasekara, Deputy CEO – Abans Finance PLC (Abans Finance); Danushka De Silva, Director – Abans Finance; Rajeeva Bandaranaike, CEO – Colombo Stock Exchange (CSE); K.J.C. Perera, Chairman –Abans Finance; Thulci Aluwihare, Director – Abans Finance; Nirosh Madawala, CEO of Abans Finance; Kaushini Laksumanage, Deputy CEO – NDB Investment Bank Ltd; Nilupa Perera, Chief Regulatory Officer – CSE; Prashad Samantha, Chief Financial Officer – Abans Finance 

Abans Finance PLC (Abans Finance) recently marked the official listing of its maiden 13,384,000 debentures on the Colombo Stock Exchange (CSE) with a bell ringing and market opening ceremony held at the CSE trading floorthis Monday (11th May 2026). 

The offer for subscription for the initial issue of ten million (10,000,000) listed, rated, senior, unsecured, redeemable five-year (2026/2031) debentures of Rs. 100 each, was rapidly oversubscribed, having received subscriptions for13,384,000 debentures for a value of Rs. 1,338,400,000, reflecting strong investor confidence in Abans Finance’s strengths and the debt market.

Abans Finance is a licensed non-banking financial institution and subsidiary of the Abans Group and currently operates with nine branches, nine customer centres and four kiosks in addition to the head office, leveraging on the island wide presence of Abans Group to reach customers across the island. Abans Finance services include finance leasing, hire purchase, mortgage loans, personal loans, real estate development and acceptance of time and savings deposits. Founded in 2006, the Abans Finance was also listed on the CSE in 2011 and enjoys a Fitch Credit Rating of A - (lka) Stable Outlook. 

Through its first debenture, which carries an “A-” (lka) rating from Fitch Ratings Lanka Limited and was managed by NDB Investment Bank Ltd, Abans Finance aims to expand its asset base, strengthen loan portfolios, grow its presence by leveraging the Abans Group financial ecosystem to drive digital transformation and deliver integrated solutions.

Abans Finance PLC Chairman and keynote speaker at the ceremony, remarked upon the company’s debenture issue, commenting: “This milestone underscores strong investor confidence in Abans Finance PLC and strengthens our capital base as we advance our strategy for sustainable growth and innovation.”