TKS Finance savours success within shortest time
The name TKS Finance deserves special mention as the finance company
which achieved resounding success within the shortest possible time.
Through the introduction of innovative products TKS Finance has
positively transformed the outlook of the financial sector into a
refreshingly vibrant one, thereby achieving its targets successfully.
 Reasoning out the factors that contributed towards this success, TKS
Finance CEO Rasika Kaluarachchi said its corporate vision and financial
strategies as well as strict compliance with Sri Lanka Central Bank
stipulated guidelines are the dominant features, all of which were
energized by the strong capital base that serves as a solid foundation.
TKS Finance is well served by the remarkable knowledge of local and
foreign financial experts and the business acumen of giant Malaysian
investors.
Elaborating further, CEO Kaluarachchi said; "We always place a
premium value on risk management and good governance as well as
transparency in our work. In this regard we are fortunate to have with
us our independent directors T. Dharmarajah, the famous Chartered
Accountant, and S.H.A.M. Abeyratne, former Deputy Governor of Central
Bank and present Director General of Bankers' Association both of whom
consistently provide invaluable inputs to our Risk Management and Audit
teams. Further, we are also provided with beneficial directions by our
Deputy Chairman Assim Sabid who as former Chairman of Malaysia's Savings
Bank brings us a wealth of experience.
We took it upon ourselves to positively change the face of financial
landscape, by introducing a range of innovative financial products
through a customer friendly approach.
We made it a point to do everything with a refreshing novelty and
present it to customers in an attractive manner. Due to this pioneering
spirit in us, we actually did not feel a competition. In reality, if not
for the utmost commitment and focus of our entire staff and management
these inspiring achievements would not have been possible.
Through their heartwarming team efforts we were able to collectively
step out of the unyielding and outdated practices of this industry and
bring in refreshing breeze of innovations and productivity to our
ever-growing base of customers. Through an utmost professionalism and
customer-oriented mindset, our staff made available to the people a
brand of service that was received with much appreciation and
enthusiasm.
Although most finance companies channel their efforts to hunt down
opportunities in vehicle leasing, TKS Finance's interest lay in pursuing
diversified portfolios whilst ensuring to honour risk management
policies as well.
We believe these factors have been weighed in the minds of our
customers who then decide to renew their deposits placed in our care. We
say this because the percentage of such renewals is as high as 95%. This
also demonstrates the trust they have placed in us.
We have opened three full-fledged branches during the course of last
financial year. These are already bringing in profits. Plans are afoot
to open up more branches in the future.
We ought to be happy about foreign investors contributing towards the
development drive of our country. Hence, we are thankful to the
Malaysian giant of an investor Tiyon King Sin.
TKS Finance has now completed the task of building a solid foundation
for itself. Our path ahead is very clear. We possess the strength,
strategy and acumen to withstand any adversity and maintain the momentum
of our progress.
It's our aim to bring in positive results to our stakeholders,
financial industry of the country and Sri Lanka itself." |
