Investor relations
About Us
Alliance Finance Company PLC (AFC) is the oldest finance company in Sri Lanka. Incorporated in 1956 as a licensed finance company registered under the Central Bank of Sri Lanka, we have over the years built a solid brand, based on the principles of trust and integrity.
During our corporate journey of over six decades, we have been recognized as one of the premier Non-Bank Financial institutions in the country, which has earned the trust of four generations of Sri Lankans
AFC Key Mile-stones
- AFC was incorporated on 18th July 1956
- 2005 First Finance Company to introduce Savings Accounts
- 2008 Entered in to the Gold Loan Market
- 2012 Formal adoption of the Triple bottom line philosophy (People, Planet, Profit) across the Group
- 2021 The 1st value driven Financial Institution in South Asia to be certified for (SSCI Award) holistic Sustainability in Banking and Finance.
Our Business Philosophy
The business philosophy of AFC revolves around creating a better world through sustainable, inclusive and responsible financing. Our purpose statement and high impact goals have been structured in line with our business philosophy and our sustainability embedded business strategy is designed to navigate the Company’s performance towards the achievement of these goals. Since embracing the Triple Bottom Line approach in 2012, our efforts were focused on building a sustainability integrated business to ensure value creation in all spheres of sustainability.
Product Range
The Company offers a range of products & services to the customers including leasing, term loan, gold loan, speed cash, savings & deposits. We also carry out vehicle trade-in services and Ezy drive vehicle fleet services under our Commercial Division.
We Serve
Serve a wide spectrum of over 100,000 customers, individuals, micro-entrepreneurs and small and medium enterprises in Sri Lanka.
Our Reach
AFC consist with 86+ fully fledged branches around the country, which is fully equipped to serve the needs of customers.
Our Sustainability Initiatives
AFC Thuru Mithuru (One Million Trees for Unity)
- ‘Maga Depasa Thuru Sevana’ RDA
- RDA green express way tree planting project
- “100,000 trees from Dondra Head to Point Pedro”
- Native trees to the Hill country with WWCT
- Tree planting program under 'Branch Sustainability Projects'
- Thimbirigasyaya Divisional Secretariat under the program of ‘Haritha Saviya’
Hill Country Leopard Conservation Project
Branch Sustainability Projects
FINANCIAL YEAR PERFORMANCE 2022/23
Profit after tax
161% Growth over last year
Portfolio growth
Total Assets growth
Portfolio increased from LKR 26.6 Bn (2020/21) to LKR 40.3 Bn
Credit Quality
Well managed portfolio
Deposit Base
Deposit base grew by 39%
ROE (PAT)
10.76% (2020/21)
9 Months PERFORMANCE 2022/23
Profit after tax
155% increased over the corresponding period last year
Portfolio growth
Portfolio increased upto LKR 35.7 Bn form LKR 26.6 Bn
Credit Quality
NPL (90 Days)
Deposit Base
Deposit base grew by 12.4%
ROE (PAT)
9.02% (2020/21)
EPS (annualized)
Profit after tax
155% increased over the corresponding period last year
Portfolio growth
Portfolio increased upto LKR 35.7 Bn form LKR 26.6 Bn
Credit Quality
Well managed portfolio
Deposit Base
Deposit base grew by 12.4%
ROE (PAT)
9.02% (2020/21)
3 Months PERFORMANCE 2022/23
Profit after tax
105% increased over the corresponding period.
Q1 Portfolio growth
Portfolio increased up to LKR 40.8 Bn from LKR 40.3 Bn
Credit Quality
Well managed portfolio
Deposit Base
Deposit base grew by 22%
ROE (PAT)
EPS (annualized)
Interim reports
Key fact documents
Key Facts Document
Key Facts Document - Sinhala
Key Facts Document - Tamil
Alliance Finance Company PLC - Key Fact Document
Key Fact DOC FD Savings - Sinhala
Key Fact DOC FD Savings - Tamil
Key Fact DOC FD Savings - English
Financial Information and Key Performance Indicators
2018 Financial Statement
2019 Financial Statement
2020 Financial Statement
2021 Financial Statement
2022 Financial Statement
Financial statement (Jan-Sep 2022)
Financial statement
(March 2023)
The IR officer
Mrs. Dimuthu Thilakaratne,
Assistant General Manager – Finance,
Alliance Finance Company PLC
Alliance House,
No. 84, Ward Place,
Colombo 7.
