Asia Asset Finance celebrates 100th branch opening in Boralanda

Thursday, 12 December 2024 00:02 - - {{hitsCtrl.values.hits}}

3 December 2024, marked a major milestone for Asia Asset Finance PLC as the company opened its 100th branch in Boralanda. This achievement reflects a year of remarkable growth, with the opening of 15 new branches and the relocation of two others, solidifying its position as one of Sri Lanka’s fastest-growing financial institutions.

The event was attended by community leaders, customers, and senior management, including CEO Rajiv Gunawardena, who described the milestone as a testament to the company’s commitment to financial inclusion. “Reaching 100 branches is not just about expansion; it’s about creating opportunities and building a brighter future for communities, particularly in rural and underserved regions. Our journey doesn’t end here — we remain focused on uplifting communities and bridging gaps in financial accessibility,” said Gunawardena.

As part of the celebrations, Asia Asset Finance undertook a meaningful CSR initiative, distributing essential school supplies to local children and dry rations to their families, demonstrating its dedication to community well-being.

The Boralanda branch will provide a range of services tailored to the needs of the local population, including Gold Loans, Mortgage Loans, Leasing, and Fixed Deposits. This aligns with the company’s strategy to foster financial independence, especially among small-scale businesses, women entrepreneurs, and low-income families.

Asia Asset Finance’s commitment to female empowerment has enabled thousands of women across Sri Lanka to launch businesses and achieve economic independence. Through customised financial products and community programs, the company continues to champion inclusivity and growth.

As the only Sri Lankan subsidiary of the global giant Muthoot Finance, Asia Asset Finance boasts a Fitch A+ rating, over 54 years of legacy, and a strong network of branches. The 100th branch opening underscores its mission to serve as a catalyst for socio-economic progress, setting it apart as a transformative force in the financial sector.

Looking ahead, Asia Asset Finance PLC is determined to expand its impact and bring meaningful change to communities across Sri Lanka, reaffirming its role as a trusted name in financial services.