Abans Finance PLC, a member of the Abans Group, recently launched a pioneering and novel mobile device based application for its Marketing Officers and Collection Officers, with the objective of initiating a Lease or a Personal Loan and improving the Collection process in the field. The mobile application named “AFiMobile” will assist Abans Finance Officers […]

Abans Finance PLC has announced the appointment of its current CEO Roshan Anthony Nanayakkara as the new Managing Director and CEO with effect from 27 September 2017. The move follows the resignation of incumbent Kithsiri Wanigasekara from 27 September. He was appointed to the Abans Finance Board as Executive Director in June 2009. Nanayakkara has […]

Abans Finance, a member of the Abans Group, has registered a pre-tax profit of Rs.197.4 million for the period ended 31st March 2017, compared to Rs.130.5 million recorded in the corresponding year of 2016, achieving a YoY growth of 51.29 percent. The post–tax profit of the company for the period under review has also improved by […]

Ironwood Investment Holding Ltd. has announced a mandatory offer to buy a minimum of 10% stake of Abans Finance PLC at Rs. 25 per share. This is following Ironwood triggering the SEC Takeovers and Mergers Code when it recently increased the shareholding in Abans Finance to 31.89% or 21.225 million shares in two stages – […]