Company Abans Finance PLC

Equities

AFSL.N0000

LK0388N00005

Corporate Financial Services

End-of-day quote Colombo S.E. 23:00:00 26/05/2024 BST 5-day change 1st Jan Change
21.1 LKR -2.76% Intraday chart for Abans Finance PLC -2.76% -4.52%

Business Summary

Abans Finance PLC is a Sri Lanka-based company, which provides a comprehensive range of financial services encompassing acceptance of fixed deposits, maintenance of savings deposits, providing finance leases, hire purchases, mortgage loans, personal loans, and other credit facilities. The Company operates through four segments: Leasing, Hire Purchase, Term Loans and Others. The Company’s services include 4-wheeler leasing, 3-wheeler leasing, 2-wheeler leasing, personal loans, fixed deposits, and savings. The main types of finance leasing offered by the Company are two-wheeler leasing, three-wheeler leasing and four-wheeler leasing. The Company offers loans to purchase consumer items, tour packages, home improvements, education, special events, weddings, medical expenses and more. The maximum loan amount provided by the Company is flexible, which depends on the client’s disposable income, repayment capacity and requirements.

Sales per Business

LKR in Million2022Weight2023Weight Delta
Leasing
82.0 %
1,820 85.8 % 2,342 82.0 % +28.66%
Others
11.4 %
98 4.6 % 326 11.4 % +234.39%
Term Loans
7.1 %
196 9.2 % 202 7.1 % +3.20%
Hire Purchase
-0.4 %
8 0.4 % -12 -0.4 % -245.97%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
100.0 %
2,122 100.0 % 2,858 100.0 % +34.68%

Managers

Managers TitleAgeSince
Chief Executive Officer - 14/07/20
Director of Finance/CFO - -
Chief Operating Officer - 27/06/16
Comptroller/Controller/Auditor - -
Sales & Marketing - -
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 86 31/12/11
Chairman 66 -
Chief Executive Officer - 14/07/20
Director/Board Member - -
Director/Board Member - 12/03/20
- -
Director/Board Member - 16/12/20
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 73,693,171 707,724 ( 0.9604 %) 0 0.9604 %

Company contact information

Abans Finance Plc

No. 456, R.A. De Mel Mawatha

00300, Colombo

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http://www.abansfinance.lk
address Abans Finance PLC(AFSL.N0000)