Alliance Finance Company PLC

Alliance Finance Company PLC (AFC) is a leading financial institution in Sri Lanka, primarily focused on providing sustainable and ethical financial solutions. Established several decades ago, AFC has built a strong reputation for its commitment to social responsibility and environmental sustainability alongside its core financial operations.

Core Business Activities

AFC's primary business revolves around offering a diverse range of financial services to individuals and businesses. These services include:

• Leasing: Providing leasing facilities for vehicles, equipment, and other assets, enabling businesses and individuals to acquire necessary resources without upfront capital expenditure.
• Loans: Offering various loan products tailored to different customer needs, including personal loans, business loans, and microfinance loans.
• Fixed Deposits: Accepting fixed deposits from individuals and institutions, providing a secure avenue for savings with competitive interest rates.
• Savings Accounts: Offering savings accounts to cater to different savings goals and requirements.
• Factoring: Providing factoring services to businesses, enabling them to improve their cash flow by selling their accounts receivable to AFC.

Focus on Sustainability

A defining characteristic of Alliance Finance is its unwavering commitment to sustainability. The company actively integrates environmental and social considerations into its business practices. This includes:

• Green Lending: Prioritizing lending to projects and businesses that contribute to environmental conservation and renewable energy.
• Sustainable Finance Products: Developing financial products that specifically support environmentally friendly initiatives, such as loans for solar power systems or energy-efficient equipment.
• Community Development: Engaging in community development projects that focus on education, healthcare, and environmental conservation.

Corporate Social Responsibility

AFC's corporate social responsibility (CSR) initiatives are deeply embedded in its operational ethos. The company actively supports various social causes, including education, healthcare, and environmental protection. This commitment extends to promoting financial literacy and empowering underserved communities.

Governance and Transparency

Alliance Finance Company PLC adheres to strong corporate governance principles, ensuring transparency and accountability in its operations. The company's board of directors comprises experienced professionals who provide strategic guidance and oversight. AFC is committed to complying with all relevant regulations and ethical standards.

Future Outlook

Looking ahead, Alliance Finance Company PLC aims to further strengthen its position as a leading sustainable finance provider in Sri Lanka. The company plans to expand its product offerings, enhance its technological capabilities, and continue its commitment to social and environmental responsibility. AFC is dedicated to creating long-term value for its stakeholders while contributing to the sustainable development of the nation.