Company filings, disclosures and news on L B Finance PLC (LFIN), Finance/Rental/Leasing on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
L B Finance (LFIN.N0000) has incorporated a subsidiary, LB Finance Philippines Inc., and received its Certificate of Incorporation and authority to operate as a finance company dated 01 Sep 2026 (received 17 Sep 2026). The company filing also notes a prior Fitch national rating upgrade and the share was trading at Rs153.50 (up Rs1).
LB Finance PLC has completed incorporation of its first overseas subsidiary, LB Finance Philippines Inc.; the Certificate of Incorporation and authority to operate as a finance company dated 1 September 2026 was received on 17 September 2026.
K Seeds Investments ranked L B Finance PLC (LFIN.N0000) as the top-performing finance company in Category 1 (asset base > Rs.100 billion) for Q1 2026/27, based on ten equally weighted KPIs calculated from interim Colombo Stock Exchange financials.
Fintech Forum Sri Lanka vice-chair and LOLC Finance CEO Conrad Dias says Sri Lankan fintechs must target regional markets of up to about 200 million consumers to scale beyond the domestic market of ~20 million, urging stronger collaboration, supportive regulation and international partnerships.
Minority shareholders of Associated Motor Finance PLC have rejected the Rs.55/share offer after its amalgamation with L B Finance PLC and asked KPMG Sri Lanka to independently determine a fair value, citing concerns over the valuation method, higher impairment provisions, a Rs.385m goodwill write-off and conflicts of interest.
Secondary bond yields remained broadly steady as the market consolidated recent gains; a Rs.140 billion Treasury Bill auction (below Rs.158.22bn maturing) is in focus. Net money-market liquidity stood at Rs.194.03bn with weighted overnight rates around 8.8%.
Secondary bond market rallied, pushing Treasury yields lower across maturities (e.g. 15.12.29 at 10.90% and many 2030-33 tenors down around 11-11.9%). Money-market net liquidity surplus stood at Rs.196.36bn and USD/LKR spot closed at Rs.335.10/335.18.
Colombo Stock Exchange midday indices rose, with the ASPI up 0.62% to 21,297.56 and market turnover 9.64 billion rupees, boosted by a Rs.9 billion trade in Commercial Credit & Finance. Hela Apparel filed for court-ordered winding up and Associated Motor Finance was delisted after amalgamation with L B Finance.
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