Company filings and market news from across Sri Lanka's stock market.
PMF Finance PLC appointed Ivon Brohier as Chief Operating Officer; she brings more than 19 years of leadership experience in Sri Lanka's financial services industry, including senior roles at AMW Capital Leasing, Nations Trust Bank, Abans Finance and Softlogic Finance.
PMF Finance PLC appointed Ivon Brohier as Chief Operating Officer. She brings over 19 years' leadership in Sri Lanka's financial services industry with prior senior roles at AMW Capital Leasing & Finance, Nations Trust Bank, Abans Finance and Softlogic Finance.
PMF Finance will issue 5-year subordinated listed bonds to raise Rs1 billion to meet its Tier 2 capital adequacy requirement. The unsecured, rated bonds are priced at Rs100 each and the issue is subject to CBSL and other regulatory approvals.
PMF Finance PLC (PMB.N0000) turned a Rs. 93m loss in 2019 into a Rs. 322m profit in 2025, with total assets rising to Rs. 21.6bn and loans at Rs. 17.17bn after a governance-led restructuring. NPLs fell to 5.94% and deposits reached Rs. 14.4bn; the board targets Rs. 500m profit next year if macros permit.
PMF Finance PLC director Bandara Rekogama was chief guest at SLIIT Business School's Soft Skills+ 2025 on May 3, which featured student and teacher workshops plus an interschool quiz with over 45 teams from 22 schools; St. Servatius College, Matara won the event.
PMF Finance PLC appointed Nemantha Nilhan Abeysinghe and Sanjika Perera as Non-Executive Non-Independent Directors. Both appointees bring extensive sales, marketing and leadership experience across local and international businesses.
PMF Finance PLC (PMB.N0000) opened its 19th branch in Embilipitiya on 5 May, expanding its national branch network to serve more communities with tailored financial services.
PMF Finance PLC opened its 18th branch in Ratnapura on 2 May to expand access to leasing, savings and small-business services while integrating digital convenience tools.
PMF Finance PLC (PMB.N0000) opened its 18th branch in Ratnapura on May 2, 2025 to expand its retail footprint. The branch will provide leasing, savings and small-business services as the company diversifies offerings and strengthens its capital base.
PMF Finance PLC has secured funding support from Cargills Bank to bolster its financial position and expand lending to small and medium enterprises. Cargills Bank's backing signals confidence in PMF Finance's operations and long-term growth plans.
PMF Finance PLC secured funding support from Cargills Bank to strengthen its financial position and expand SME lending. The partnership is aimed at providing tailored financial solutions to small and medium enterprises to support growth and financial inclusion.
PMF Finance PLC secured strategic funding support from DFCC Bank to expand lending to small and medium enterprises (SMEs). PMF says the partnership reinforces its financial position and will be used to support SME growth.
PMF Finance PLC secured funding support from Pan Asia Bank to back green financing initiatives for SMEs. The partnership signals Pan Asia Bank's confidence in PMF's governance and will fund sustainable SME projects nationwide.
PMF Finance PLC secured strategic funding support from Pan Asia Bank to finance green lending initiatives targeting SMEs. The partnership is intended to strengthen PMF Finance's financial position and enable expanded sustainable lending to small and medium enterprises.
PMF Finance PLC reported a 500% increase in profits for the six months ended 30 September 2024. The company also cited improved asset quality with sharply lower non-performing loans, higher disbursements, cost optimisation, digital customer engagement and new branches in Jaffna, Chillaw and Galle.
PMF Finance PLC (PMB.N0000) reported a 500% rise in profit for the six months to 30 Sep 2024, with improved asset quality and a sharp reduction in non-performing loans. The company cited cost optimisation, higher disbursements, digital expansion, three new branches and support from a Japanese investor.
PMF Finance PLC (PMB.N0000) has appointed four new Independent Non-Executive Directors: Rohan Pandithakorralage, K.M.D.B. Rekogama, Asoka Goonesekere and Kaniska Weerasinghe. The appointees bring expertise in HR, banking, risk management and law to strengthen governance and oversight.
PMF Finance PLC (PMB.N0000) appointed four new Independent Non-Executive Directors — Rohan Pandithakorralage, K. M. D. B. Rekogama, Asoka Goonesekere and Kaniska Weerasinghe — to strengthen board governance, with two appointments effective 26 September 2024.
PMF Finance PLC appointed Prof. Ajith Medis as Chief Executive Officer, effective immediately. He brings over 30 years of banking and financial services experience and will oversee day-to-day operations and the company's strategic initiatives.
PMF Finance PLC appointed Prof. Ajith Medis as Chief Executive Officer, effective immediately. He brings over 30 years of banking and financial services experience and will oversee day-to-day operations and strategic initiatives.
PMF Finance PLC appointed Kanishka Weerasinghe as a Non-Executive Independent Director. Weerasinghe is an attorney with over 30 years' experience, a former State Counsel and has held advisory roles including consultancy work for Watawala Plantation and Sri Lanka Telecom.
Distilleries Company of Sri Lanka appointed Ashoka Goonesekere as an Independent Non-Executive Director. He brings over 36 years of banking experience and holds or has held board and senior finance/risk roles at Pan Asia Banking (PABC.N0000), PMF Finance (PMB.N0000), Hatton National Bank (HNB.N0000) and DFCC Bank (DFCC.N0000).
PMF Finance (PMB.N0000) signed an MOU with Sanasa General Insurance to make Sanasa its official insurance partner, offering specialised, competitive vehicle insurance across PMF’s island-wide and virtual branches, with plans to expand to other insurance services.
PMF Finance PLC received an initial Rs. 500 million disbursement of a Rs. 1 billion funding facility from Commercial Bank of Ceylon to support SME development.
PMF Finance PLC (PMB.N0000) received an initial Rs. 500 million disbursement under a Rs. 1 billion funding facility from Commercial Bank of Ceylon (COMB.N0000) to strengthen its capital base and support SME lending.