Asia Asset Finance expands network with three new branches, reaching 91 nationwide

Friday, 18 October 2024 00:08 - - {{hitsCtrl.values.hits}}

Asia Asset Finance PLC, a subsidiary of Muthoot Finance and a Fitch A+ rated financial institution, continues its ambitious growth strategy with the opening of three new branches in September 2024, bringing the company’s branch count to 91 across Sri Lanka. The new branches, located in Jaffna, Kuruwita, and Deraniyagala, signify Asia Asset Finance’s commitment to enhancing accessibility, improving customer experience, and fostering economic growth in key regions of the country.

The Jaffna branch has been relocated to a premier location, designed to offer an improved banking experience with advanced facilities. Simultaneously, the new branches in Kuruwita and Deraniyagala were opened to meet the financial needs of both urban and rural communities, providing a wide range of services, from gold loans and leasing to business financing and microfinance.

In keeping with its core value of corporate social responsibility, Asia Asset Finance marked the opening of these branches with large-scale CSR initiatives aimed at supporting education in underprivileged areas. At each location, the company donated school bags, stationery, and essential learning equipment to local schools, directly benefiting hundreds of students. This initiative reflects Asia Asset Finance’s ongoing commitment to making a positive impact in the communities it serves, particularly by supporting youth and educational development.