Orient Finance celebrates 43 years of stability and financial achievement

Wednesday, 21 August 2024 03:33 - - {{hitsCtrl.values.hits}}

Orient Finance PLC commemorated its 43rd anniversary on 26 July marking over four decades of stability and excellence in the financial industry.

Founded in 1981, Orient Finance PLC has solidified its position as a leading finance company in Sri Lanka through consistent growth and financial prudence.

In the past fiscal year, the company has achieved significant financial results, with a profit of approximately 350 million and an asset base increasing over 20 billion. With the successful implementation of decisive actions and recovery strategies, Orient Finance has stabilised its financial standing, paving the way for sustainable future growth.

In honour of its 43rd anniversary, Orient Finance PLC is contributing 7,500 saplings to a significant reforestation project in the Kalutara district. This initiative, supported by local Pradeshiya Sabhas, Divisional Secretariats, schools, and community organisations, focuses on revitalising the renowned Yajirala, Runakande, and Haycock rainforests.

Kalutara, covering 1,598 square kilometers in the Western Province, is distinguished by its major water bodies — Kalu Ganga, Panadura Ganga, and Bentota Ganga — and a 40 km coastline. Despite its natural wealth, the district’s forest cover is critically low, at less than 9%. The project aims to enhance tree density to mitigate soil erosion, landslide risks, and deforestation.

Collaborating with the Forest Department, University of Sri Jayewardenepura, and the Land Commission of the Western Province, Orient Finance has committed to protecting and conserving the district’s lowland wet evergreen and mangrove forests. This effort is organised by the Mihijaya Environment Society, an organisation recognised by the United Nations for its environmental contributions.

Orient Finance PLC Director/CEO K.M.M. Jabir expressed: “Our 43-year journey stands as a testament to our expertise and stability within Sri Lanka’s NBFI sector. Over more than four decades, we have navigated through various economic climates and market shifts, maintaining a steadfast commitment to financial integrity and customer trust. This long-standing stability has not only solidified our reputation but also provided a solid foundation for continued growth and expansion. As we look to the future, our focus remains firmly on advancing our capabilities and exploring new avenues for expansion, all while staying true to our core values of providing innovative and ethical financial solutions.”

As Orient Finance commemorates 43 years of excellence in the financial industry, the company is committed to building a sustainable legacy as they continue to evolve and contribute positively to the financial sector in Sri Lanka, and community.