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Vallibel Finance Achieves Historic Milestone, Cementing Leadership in Sri Lanka's Financial Services Sector

Strategic Insights

— 2 min read

Vallibel Finance, a prominent Non-Banking Financial Institution (NBFI) in Sri Lanka, has reached a major milestone in its 18-year journey by achieving Rs. 111.68 billion in assets, making it the fastest NBFI to surpass Rs. 100 billion in assets. This achievement underscores the company's remarkable growth trajectory, operational excellence, and commitment to innovation. As the largest Top 5 finance company in Sri Lanka, Vallibel Finance attributes its success to the dedication of its team, strategic expansion, and investments in digital infrastructure.

Key Takeaways:

  • Vallibel Finance achieved Rs. 111.68 billion in assets in FY 2024/25, reaching a historic milestone in its 18-year journey.
  • The company is the fastest NBFI to surpass Rs. 100 billion in assets, achieving this feat in just 17 years.
  • Vallibel Finance is now ranked as the largest Top 5 finance company in Sri Lanka within just 18 years of operation.
  • The company has a workforce of over 1,800 dedicated employees and a rapidly expanding network of 80 touch points across the island.
  • Vallibel Finance opened 11 new branches in strategically important locations throughout the country during FY 2024/25.
  • The company invested in information technology advancement and digital infrastructure, enhancing customer accessibility and financial inclusion.
  • Vallibel Finance was reaffirmed with a BBB+ credit rating (stable outlook) by Lanka Rating Agency (LRA) and recognized as Sri Lanka's Best Finance Company for the third consecutive year.
  • The company maintains one of the lowest NPL ratios of 3.56% among its peers and delivered a return on equity of 18.72% for FY 2024/25.
  • Vallibel Finance's Managing Director, Mr. Rangamuwa, confirmed the company's commitment to excellence, customer trust, and industry leadership.
  • The company's focus remains on building on its momentum, breaking records, and creating a legacy that will empower future generations and improve financial inclusion for all Sri Lankans.

Statistics:

  • Rs. 111.68 billion: Vallibel Finance's assets in FY 2024/25.
  • 17 years: Time it took for Vallibel Finance to surpass Rs. 100 billion in assets.
  • 18 years: Duration since Vallibel Finance's establishment, marking a significant milestone in its journey.
  • Rs. 100 billion: The threshold achieved by Vallibel Finance in assets, ranking it among the top group of NBFIs in Sri Lanka.
  • 80 touch points: Vallibel Finance's network of branches across the island.
  • 11: Number of new branches opened by Vallibel Finance in FY 2024/25.
  • 1,800: Number of dedicated employees working for Vallibel Finance.
  • 3.56%: Vallibel Finance's NPL ratio, one of the lowest among its peers.
  • 18.72%: Return on equity delivered by Vallibel Finance for FY 2024/25.

Sources:

  • Vallibel Finance's press release, FY 2024/25 Financial Performance
  • Lanka Rating Agency (LRA)
  • Global Economics Awards

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