Abans Financial does well despite volatile market
Hathoon Sheriffdeen
Abans Financial Services Limited have earned a return of Rs 15
million on its completion of first year.
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Managing Director, Abans Financial Services, Mano Alles. Picture
by Sumanachandra Ariyawansa. |
"The finance services industry is on a boom though the country faces
barriers in its economic boom, Managing Director, Abans Financial
Services, Mano Alles said. "All financial institutions in the country
earn a good turnover because the total income and the expenditure of the
country is made through financial institutions. "Even the war
expenditure is made through the financial institutions.
"This enables financial institutions to create money. "If the country
is doing well I am sure we can generate a better result than this. As
per records, the industry has done the maximum. The country situation
has not deflected the financial industry market," she said.
"We will concentrate on saving accounts and the micro finance of the
country in future through our branches islandwide, she said.
"We have a ready-made infrastructure to reach the financial services
seekers in most parts of the country. The company is established to
mainly serve finance service seekers of consumable products. This will
be a finance enhancement of hire purchase of the consumable appliances
purchased at Abans Limited," Alles said.
Abans Financial Services Limited has completed two projects in real
estate. Our projects are the households property projects between Rs 30
million to Rs 50 million. According to the demand in the specified area
we purchase land, develop, block out and sell according to the market
price.
These projects were tailored for the lower middle class to upper
middle class of the society.
"We have another three projects in Panadura, Bandaragama and Gampola
on line," Alles said. |
