Alliance Finance broadened its Green Bond Framework to allow up to 30% of proceeds to refinance eligible rooftop solar projects, with a two-year look-back period; Deloitte confirmed alignment with ICMA Green Bond Principles and the amendments received external assurance.
People's Leasing & Finance PLC posted PAT of Rs.5.08bn (41% YoY) and PBT of Rs.8.56bn for FY2025/26, with total assets up 65% to Rs.321.23bn; the annual report also highlights new AI-powered and digital reporting features.
Alliance Finance Company PLC (ALLI.N0000) has engaged the IFC in an advisory partnership to strengthen its climate-smart agriculture financing, including a comprehensive diagnostic of agri lending, product assessment, and development of climate-risk tools and solutions.
Alliance Finance Company PLC waived the outstanding loan balance and returned the property deed to the children of a deceased customer (Gampaha branch) as an act of compassionate finance.
Alliance Finance Company PLC withdrew its planned Rs 1.5 billion five-year tier-2 listed debenture issue due to prevailing adverse market conditions; the company said it will consider proceeding when market conditions are more favourable.
Interest Rates
Daily FT·Mar 23, 2026·Management or board changePositive
Alliance Finance Company PLC has appointed Aruna Rodrigo as an Executive Director effective 1 April 2026, subject to approval by the Central Bank of Sri Lanka. Rodrigo is currently the company's Chief Operating Officer and has over 32 years' experience in banking and finance across Sri Lanka and the Middle East.
Alliance Finance Company PLC listed its social bond on the NSE International Exchange (GIFT City) on 12 March. The bond is listed on NSE IX without admission to trading; trading and settlement will continue via the Colombo Stock Exchange in Sri Lankan rupees.
Alliance Finance Company PLC appointed Devika Ellepola to its Board as a Non-Independent Non-Executive Director. Ellepola brings over 25 years of commercial leadership in aviation, legal training and experience in digital transformation, analytics and customer strategy.
Alliance Finance called the 10,000th tender on Green Tape, which has processed over Rs. 30 billion in procurements. The digital procurement platform named Leosys as the successful bidder and lists Sunshine Holdings among its adopters.
IT & Digital
Ada Derana·Nov 18, 2025·Award or certificationPositive
Green Tape executed its 10,000th digital tender — called by Alliance Finance Company PLC — and has processed over Rs. 30 billion in procurements. The platform links 50+ buyers and 4,500+ suppliers, with adopters including Sunshine Holdings PLC.
IT & Digital
Ada Derana·Nov 4, 2025·Award or certificationPositive
CFA Society Sri Lanka and Deloitte will host a Social Bonds knowledge forum on 12 November 2025 in Colombo. Alliance Finance PLC will present its approach to Social Bond issuance, covering project categories funded and lessons learned.
Daily FT·Oct 27, 2025·Award or certificationPositive
Alliance Finance Company PLC (ALLI.N0000) was awarded SSCI Version 2.0 Certification Level 3 at GSFC 2025, the first South Asian financial institution to reach this level. People's Leasing & Finance PLC (PLC.N0000) has already started SSCI onboarding, while other Sri Lankan banks/NBFIs have enrolled, underscoring a sector-wide push toward sustainable finance.
The Colombo Stock Exchange held the 7th CSE Masterminds Quiz, with Acuity Knowledge Partners (Team 2) winning the grand cash prize of Rs. 1,000,000. Sector winners included Dialog Finance (Leasing & Finance), John Keells Stock Brokers (Stock Brokering) and NDB Wealth Management, and many listed firms participated as sponsors.
Colombo Stock Exchange will host the 7th CSE Masterminds Quiz on 17 October 2025, offering prizes worth over Rs. 3.5 million (champion Rs.1,000,000; 2nd Rs.500,000; 3rd Rs.375,000). Sponsors from the shortlist include Ex-Pack, Sarvodaya Development Finance, Alliance Finance, Teejay Lanka, NDB (via NDB Capital) and HNB Investment Bank.
Colombo Stock Exchange will hold the 7th CSE Masterminds Quiz on 17 October 2025 offering over Rs. 3.5 million in prizes; sponsors include listed firms such as Teejay Lanka (TJL.N0000), Hatton National Bank (HNB.N0000), Alliance Finance (ALLI.N0000), Sarvodaya DF (SDF.N0000), Ex-Pack (PACK.N0000) and NDB (NDB.N0000).
Daily FT·Sep 18, 2025·Award or certificationPositive
NDB Investment Bank (part of the National Development Bank group) was named Euromoney's Best Investment Bank in Sri Lanka for a 14th consecutive year. NDBIB said it led multiple 2024 transactions including M&A/divestitures, rights issues, debentures and groundwork for Vidullanka's Sukuk and Alliance Finance's green bond.
Alliance Finance Company PLC (ALLI.N0000) issued and listed Sri Lanka’s first Social Bond on the Colombo Stock Exchange on 28 Aug; proceeds will fund projects delivering measurable social benefits such as finance for marginalised communities, women-led enterprises, job creation and skills development.
Alliance Finance Company PLC issued and listed a Social Bond on the Colombo Stock Exchange, offering up to 20 million bonds at Rs.100 par to raise Rs.2 billion; rated BBB, with 4-year notes at 11.15% and 5-year notes at 11.40%.
Alliance Finance Company PLC (ALLI) listed a Social Bond on the Colombo Stock Exchange on 08 Sep 2025 to raise up to Rs.2 billion (20 million bonds at Rs.100); rated BBB, with Type A: 4 years at 11.15% p.a. and Type B: 5 years at 11.40% p.a., annual interest.
Alliance Finance Company PLC said its Rs.2 billion Social Bond issue was oversubscribed with applications of about Rs.2.47 billion for ~24.7 million bonds and set the allotment basis for the 20 million bonds. The board also approved a proposed listed five-year High-Yield bond issue of Rs.1 billion (option to extend to Rs.1.5 billion), subject to approvals.
Interest Rates
Daily FT·Aug 29, 2025·Award or certificationPositive
Alliance Finance (ALLI.N0000) voluntarily adopted SLFRS S1/S2 and posted record FY2024/25 results, with PAT up 89% to Rs. 1.73bn. Total assets rose 36% to Rs. 81.6bn, lending to Rs. 62.5bn, EPS Rs. 51.45, ROE 19.84%, gross NPL 4.70% and rating upgraded to BBB (Stable).
Alliance Finance Company PLC will issue listed, rated, unsecured subordinated high-yield bonds to raise Rs1.5 billion, issuing 10 million Rs100 bonds (option for 5 million) with a five-year tenor; interest rate to be set before issue and the issue is subject to regulatory approval.
Colombo ASPI rose 0.23% to 20,800.26 while the S&P SL20 fell 0.27% to 6,045.77. Alliance Finance said it will raise Rs1.5bn via listed unsecured subordinated bonds; Ambeon and Bukit Darah gained while Carson Cumberbatch fell.