Abans Finance PLC attends to emergency medicines and equipment to National Hospital of Sri Lanka (NHSL)
June 16, 2022Abans Finance PLC attended to National Hospital of Sri Lanka (NHSL) urgent medicine requirements. This included medicines and accessories for blood sugar, blood pressure, Genito-urinary, asthma and cardiac functions. Abans Finance PLC is a member of the prestigious Abans Group, a household name in Sri Lanka. With assets over Rs. 10 billion, Abans Finance PLC […]
Abans Finance Records Best-Ever Results in FY21
June 4, 2021Abans Finance PLC has announced best-ever results in FY21 with Rs. 356 million Profit After Tax (PAT), despite the turbulent period due to the COVID-19 pandemic. This PAT is an increase of 246% from the profit for the corresponding period last year where PAT was only Rs. 103 million. The company carries a ‘A (lka)’credit […]
Recovery Training – ‘Synergy & Growth’
March 19, 2021As a part of our ongoing talent management action plans, we at Abans Finance recently conducted a session for our Recovery Team on ‘Synergy & Growth’ #LifeatAbans #AbansFinance
International Women’s Day Celebration
March 17, 2021We cherished our women at Abans Finance PLC, celebrating International Women’s Day on the 6th March 2021 at Oakray Regency in Kandy We ran a variety of workshops focused on learning and health .Workshop started with a session on ‘Breast cancer awareness’ by National Cancer Control Programme – Ministry of Health Sri Lanka, Followed by […]
Abans Finance posts highest-ever profit of Rs. 188 m despite difficult market environment
February 17, 2021Abans Finance PLC has announced its highest-ever after-tax profit of Rs. 188 million for the first nine months of FY21, despite the turbulent period due to COVID-19. This was an increase of 1465% from the profit for the corresponding nine-month period last year where PAT was only Rs 12 million. The achievement was whilst adhering […]
Fitch revises Abans Finance PLC to ‘A(lka)’
January 31, 2021Fitch Ratings has revised the national long-term rating of Abans Finance PLC (AFP), a member of the Abans Group, from ‘BB+(lka)’ to ‘A (lka)’ following a revision of the National long term rating of the parent company, Abans PLC, from ‘BBB+ (lka)’ to ‘AA (lka)’. AFP recorded a strong performance for the first half of […]
Abans Finance profit surges 130% in 1st half of FY 2021
November 21, 2020Abans Finance PLC, a member of the Abans Group, has recorded yet another solid performance during the 1H of FY 20 / 21 amid the challenging economic landscape. The Company registered a net profit after tax of Rs. 63.6 million for the 1H of FY 20 / 21 period ended 31st September 2020, compared to […]
Abans Finance announces 37% growth in profit in FY20
June 11, 2020Abans Finance, a member of the Abans Group, has ended the financial year with a solid performance amidst challenging market conditions. The company registered a pre-tax profit of Rs. 151.5 million for the period ended 31 March 2020, compared to Rs. 110.8 million recorded in the corresponding year, achieving a YoY growth of 37.1%. This […]
Hyundai Motor appoints Abans Auto as authorised distributor for Sri Lanka
September 16, 2019Hyundai Motor Company has announced Abans Auto as the authorised distributor for Sri Lanka. As the authorised distributor, Abans Auto will market and service the total model range of Hyundai Vehicles in Sri Lanka. The landmark agreement embodies Abans Auto’s significant brand presence and influence in the automotive industry as well as Hyundai Motor’s aim […]
Abans Finance PLC wins award for Digital Transformation
September 13, 2019Abans Finance PLC won an award for Exemplary Work in Digital Transformation at the recently concluded Sri Lanka Digital Dialogue 2019 held at Shangri-La Hotel – Colombo. This award mainly recognized the following innovative Digital Transformation initiatives launched by the company which puts the company ahead of the competition in terms of Technology Adoption gaining […]