Orient Finance PLC Celebrates 43 Years of Stability and Financial Achievement
15th August 2024 – Colombo: Orient Finance PLC proudly commemorated its 43rd anniversary on July 26, 2024, 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 stabilized 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 Pradesiya Sabhas, Divisional Secretariats, schools, and community organizations, focuses on revitalizing 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 organized by the Mihijaya Environment Society, an organization recognized by the United Nations for its environmental contributions.
K.M.M. Jabir, Director/CEO of Orient Finance PLC, 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.
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About Orient Finance
Orient Finance offers a comprehensive suite of financial services tailored to meet the specific needs of their customers. These services include mobilization of Deposits, Savings Accounts, Leasing, Gold Loans, Alternative Finance Solutions, Corporate Financing and many more. The company brings 43 years of stability, strength, reliability and expertise to the financial industry. Progressively, Orient Finance PLC has established itself as a customer-focused financial service provider that prioritizes innovation and offers exceptional products and customer service. Orient Finance is a Janashakthi Group Company, licenced by the Central Bank of Sri Lanka and rated BB+ (stable) by LRA.
Orient Finance PLC Board comprises Rajendra Theagarajah (Chairman), K.M.M. Jabir (Executive Director/Chief Executive Officer), Prakash Schaffter, Sriyan Cooray, Darshana Ratnayake, Nalin Karunaratne, Manohari Abeyesekera, Sandamali Chandrasekera, and Daniel Alphonsus.
