Launch of The Finance & Seylan Bank Visa Debit Card - 2011-12-18
The Finance Company PLC, the 71 year old pioneering financial firm along with Seylan Bank PLC, one of the largest state banks in the country, have come together to launch a debit card at a ceremony held at the Galadari Hotel on 2nd December 2011. Mr. Ajith Nivard Cabraal, the governor of the Central Bank of Sri Lanka graced the event at the exchanging of the MOU between Mr. Preethi Jayawardena, Chairman of The Finance Company PLC and Mr. R. Nadarajah, Executive Director of Seylan Bank PLC, with directors of both firms being present.
The Finance customers visit Malaysia - 2011-12-12
Customers of The Finance Co. PLC took wing to Malaysia as the company’s mega fixed deposit campaign drew to its much anticipated finale. As part of the tour package from the 19th to 21th November 2011, the winning customers received a return air ticket with 3 days stay in a star class in hotel in Kuala Lumpur. The party was joined by the best performing staff members of the organization as well.
TFC Batti, Nelliady branches relocated - 2011-11-30
As part of its overall strategy, The Finance Company PLC is now operating some of its key branches from more strategic locations to maximise the potentiality from these areas. To culminate this objective, the 70 year old financial firm has made arrangements to serve better to the customers in the fast developing Northern and Eastern areas of Batticaloa and Nelliady.
Finance Houses Association elects Kamal as Chairman - 2011-11-30
The members of the Finance Houses Association of Sri Lanka have elected Kamal J. Yatawara as its Chairman for the year 2011/12. The organisation has been at the forefront of the financial industry of the country for many decades, having been led by many eminent business personalities who have done much to shape the financial landscape in Sri Lanka today.
New Board of Directors Appointed to The Finance Company PLC - 2011-02-11
The public share issue of The Finance Company Plc raised Rs. 1.6 billion in fresh capital and successfully closed on the 27th January 2011. As planned the share issue was subscribed by prominent institutional investors.
Prominent state banks become shareholders of The Finance - 2011-02-09
The public share issue conducted by The Finance Company Plc raised Rs. 1.6 billion fresh capital and closed on 27th January, successfully. As planned, the share issue was mostly subscribed by prominent institutional investors and high net worth individuals.
The Finance Company public share issue closes with heavy over subscription - 2011-01-28
The management of The Finance Company announced the share issue that was opened on 21st Jan. has been fully subscribed by the end of yesterday (27th Jan), with very good participation from institutional investors and high net-worth individuals, as planed.
The Finance CompanyAnnounces share issue in January - 2011-01-10
The Finance Company the oldest finance company in Sri Lanka, which boasts of a sterling history of 70 years of unbridled operations, today announced its share issue which is scheduled to roll-off on 11th January 11. Through the share issue the Company is hoping to raise Rs. 1.6 billion in capital. The share issue is initiated with the objectives of re capitalizing the Company and rewarding the loyal customers for maintaining consistent relations with the Company.
THE FINANCE 70 YEARS STRONG AND POISED FOR GROWTH - 2010-11-25
The Finance Company (TFC), Sri Lanka’s oldest finance company with a history of over 70 years, is back on it’s feet, having regained public confidence by increasing it’s new deposit intake to over Rs. 530 million, an increase of 16.5 percent over it’s first quarter, while loan disbursements totaled to Rs. 1,314 million, an increase of 42 percent over the previous quarter.
The Finance back on track - gains Rs 450 million in new deposits in Q1/10 - 2010-11-05
Colombo Sri Lanka –September 23 2010: Spearheading a completely new chapter in its seventy year history, The Finance Company has attracted Rs 450 million in new deposits in the first financial quarter of 2010, is testimony to the public confidence regained. Director /CEO of The Finance Company (TFC) Kamal Yatawara claims that this buoyancy seen in the performance of the company emphatically symbolizes the new levels of transformation and pragmatism it has risen to. “Having been a company which saw a run on deposits due to the crisis that pervaded the financial services industry about two years ago, and seeing TFC transforming to its current level is extremely encouraging”
70-years old TFC moves towards recovery - 2010-06-06
70-years old TFC moves towards recovery
MBSL helps TFC recover - 2010-06-06
The Finance Company (TFC) is fast recovering with renewed confidence of depositors said Chairman, TFC, M.R.Shah addressing a ceremony to mark 70 years of service by TFC.
The Finance is 70 - 2010-06-02
Sri Lanka`s oldest finance company, The Finance Company, celebrated 70 years yesterday.
The Finance back on track - 2009-06-24
The Finance Company is Sri Lankas oldest finance Company, responsible for introducing some of the most sought after customer conveniences in Savings/Fixed Deposits, Property Development & Housing, Finance, Leasing and Hire Purchasing
Merchant Bank of Sri Lanka in with another rescue mission - 2009-06-24
Colombo. Tuesday 26 May 2009. The Central Bank of Sri Lanka in a communiqué informed the general public that the Merchant Bank of Sri Lanka (MBSL) has been entrusted with the restructuring efforts of the oldest and the pioneer finance company in Sri Lanka - The Finance Company (TFC), a company built on heritage and trust which has evolved over 68 years, regarded as a state symbol in the finance industry.