Vallibel Finance celebrates one year

Vallibel Finance, the newest financial entity born to the renowned Vallibel Group, recently celebrated its first year of donning the Vallibel name.

Chairman Dhammika Perera	Managing Director Jayantha Rangamuwa

Reinforced by the expertise of some of the most celebrated names in the financial sphere the company announced the accumulation of a momentous Rs. 1.23 billion in hire purchase, leasing and loans, a fixed deposit collection of over Rs. 515 million, and over 3600 new business partners.

"There are several reasons behind our success, but one of the main reasons was the fact that we were very focused right throughout," says Managing Director Jayantha Rangamuwa. "When we embarked on the journey of improving business performance, we felt that the only way to achieve that was to provide unsurpassed customer convenience. So we aggressively focused on customer convenience in different forms while strengthening and reinventing the traditional methods and we believe that our inherent focus on customer needs."

"The Vallibel Group has an aggressive mindset that is committed to growth and creating value. How we have achieved these results amidst multidimensional competition from many similar service providers, is a great source of encouragement to all of us at Vallibel Finance. We untiringly look to make continuous improvements in our activities, and whatever we do revolve around our number one priority - our valued customers," Rangamuwa said.

Vallibel Finance is registered by the Monetary Board of the Central Bank of Sri Lanka under the Finance Companies Act and the company is rated by Fitch Lanka B +. The principal lines of business handled by the company will include Hire Purchase, Leasing, Fixed Deposits, Real Estate, Auto Finance etc.