Reaching another significant milestone in its illustrious journey, the Merchant Bank of Sri Lanka & Finance PLC (MBSL) celebrated its 40th Year Anniversary on March 4.
MBSL, a subsidiary of the Bank of Ceylon, has been at the forefront of providing a range of customized financial solutions to all segments of society. In its evolution MBSL was established as a specialized Management Consultancy arm of the Bank of Ceylon in 1980, culminating in the launch of one of Sri Lanka’s first-ever merchant banks in 1982.
MBSL’s product portfolio includes leasing, corporate and retail credit, corporate advisory services, capital market services, margin trading, micro financing, real estate, pawning, as well as savings and deposit products. MBSL’s Chairman, Kanchana Ratwatte, in an official message stated that the institution ``is built on a strong foundation backed by the strength of Bank of Ceylon.
At a time MBSL celebrates four decades of business operations, we have set our vision to expand the company’s reach to support the SME sector via innovative solutions which would enrich business development and thereby boost economic development inthe country’’. CEO Dammika Hapuhinna said, “Our success is in the trust that we have built among our valuable customers. While we further aim to develop solutions to reach dynamic needs of Sri Lankans.”