Vallibel Finance posts solid performance

• Fastest to surpass Rs.100bn in assets
• Among largest finance companies

Vallibel Finance PLC delivered a standout financial performance in FY 2024/25, marked by double-digit growth across key indicators. 

The company reached a historic milestone in its 18-year journey by achieving Rs.111.68 billion in assets, setting a new benchmark in Sri Lanka’s financial services sector.

Vallibel Finance is the fastest non-banking financial institution (NBFI) in Sri Lanka to surpass Rs.100 billion in assets, achieving this feat in just 17 years. This achievement places the company among the top group of NBFIs, underscoring its remarkable trajectory of growth and operational excellence.

Further cementing its industry stature, Vallibel Finance is now ranked among largest top five finance companies in Sri Lanka within just 18 years of operation, a testament to its unwavering commitment to innovation, customer trust and strategic execution.

These robust results underscore its strong leadership, strategic vision and growing customer confidence. The trust placed in it by its customers led to a significant growth of its deposit base from Rs.58.6 billion to Rs.67.5 billion, marking a growth of 15.1 percent during the 2024/25 financial year. 

With a workforce of over 1,800 dedicated employees and a rapidly expanding network of 80 touch points across the island, Vallibel Finance attributes its success to the unwavering commitment and professionalism of its team. During the financial year 2024/25, the company opened 11 new branches in strategically important locations throughout the country, further strengthening its national presence and enhancing customer accessibility. 

Alongside its financial achievements, Vallibel Finance’s state-of-the-art corporate head office in Colombo is a landmark building that stands as a testament to the company’s strength, innovation and long-term vision. 

Adding further distinction to the year, Vallibel Finance was reaffirmed with a BBB+ credit rating (Stable Outlook) by Lanka Rating Agency (LRA). 

By maintaining one of the lowest NPL ratios of 3.56 percent among its peers and delivering a return on equity of 18.72 percent for the financial year, Vallibel Finance continues to set new industry standards in performance, governance and customer-centric growth. 

Managing Director Jayantha S.B. Rangamuwa said, “Crossing the Rs.100 billion asset base is not just a number; it is a statement of our purpose. It reflects the trust our customers place in us, the dedication of our people and our ambition to keep growing stronger. We remain very optimistic about Sri Lanka’s financial sector growth and improvement.”