Company filings and market news from across Sri Lanka's stock market.
Fitch says Sri Lanka's Central Bank cut LTV caps on motor financing (to 60% from 70% for vehicles >1yr and to 40% from 60% for newer/unregistered vehicles) and reduced gold-loan LTVs to 70% from 80%, measures that should strengthen lenders' risk profiles but may weigh on volumes and earnings, especially at finance companies.
Dividend · Rs 5.95 · XD Jul 1, 2026
Final dividend of LKR 5.95/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY 31st March 2026
The central bank hiked rates 100bp to 8.75%, and the Colombo Stock Exchange fell with the ASPI down 0.51% to 22,249.88; market turnover was Rs.2.99bn with insurance leading at Rs.2.6bn. Lanka Ashok Leyland proposed a final dividend of Rs30/share and Lighthouse Hotel declared a final dividend of Rs3/share.
Colombo Stock Exchange rose with ASPI up 0.75% (164.01 pts) to 21,953.06 and S&P SL20 up 0.71% to 6,076.69; market turnover was LKR 1.014 billion, led by banks (LKR 296.2m). Central Industries declared a final dividend of LKR 6.00/share and its shares were up 3.21% at LKR 224.75.
ASPI fell 0.49% (110.70 pts) to 22,584.30 as Middle East tensions dented sentiment; turnover was over Rs.2.1bn and foreigners were net sellers of Rs.42m. CINS, CTHR, HHL and SAMP were top negative contributors while COMB, LFIN, PKME, ACL, REEF, GRAN and JKH featured among active names.
CSE All Share Index fell 0.49% (110.70 pts) to 22,584 and the S&P SL20 dropped 0.31% to 6,225 as brokers said Middle East escalation spurred retail selling. Bank counters saw selling, turnover was Rs 2.15bn with crossings in JKH, COMB, LLUB and LFIN, and Colombo Dockyard narrowed its quarterly loss to Rs 428.1m.
L B Finance PLC secured a $15 million senior debt facility from Switzerland-based Enabling Qapital through the EMF Microfinance Fund. The long-term funding will support expansion of its MSME lending and strengthen its inclusive finance initiatives.
Colombo Stock Exchange opened higher with the ASPI up 0.11% to 22,592 and the S&P SL20 up 0.13% to 6,212 on turnover of Rs 799 million. Sampath Bank and John Keells were among top gainers while NDB, Access Engineering and LB Finance led declines; Browns Beach Hotels to delist with trading suspended from April 28.
Colombo Stock Exchange fell midday with the ASPI down 0.72% to 21,759.64 and market turnover at 773 million rupees. National Development Bank and L B Finance were among top gainers, John Keells and HNB among decliners; Cargills Bank listed 294,200,000 shares after a rights issue raising 2,500,700,000 rupees and Colombo Dockyard appointed Capt Jagmohan chairman.
Commercial Bank of Ceylon PLC won the Overall Gold Award for ‘Excellence in Digital Payments’ at the LankaPay Technnovation Awards 2026. Other shortlist winners included HNB (Overall Bronze), Seylan (Overall Merit), LOLC Finance (NBFI Gold), LB Finance (NBFI Silver), Pan Asia and DFCC (category awards).
L B Finance PLC partnered with the Central Bank at the two-day PayDigital Kurunegala campaign on 20–21 February 2026 to promote digital payments and the LankaQR system. The LB CIM team visited merchants to raise awareness and guide them on facilitating cashless transactions.
Colombo Stock Exchange jumped as ASPI closed up 3.79% at 21,868.85 and the S&P SL20 rose 3.81% to 6,134.23. Top positives included Commercial Bank, HNB, Melstacorp, John Keells and Hayleys; turnover was Rs.6.41bn with highest activity in food, beverages & tobacco.
Commercial Bank won the Gold Award for "Excellence in Digital Payments" at the LankaPay Technnovation Awards; Hatton National Bank took Bronze, LOLC (LOLC Finance) won Gold in the non-bank financial institutions category and L B Finance was runner-up. LankaPay reported total transactions of Rs.42 trillion in 2025, with real-time payments at Rs.23 trillion.
L B Finance PLC has decided not to proceed with its proposed listed debenture issue of up to Rs. 10 billion. The board resolved to withdraw the planned issuance after an internal assessment following prior announcements on 3 Oct 2025 and 12 Dec 2025.
L B Finance PLC (LFIN.N0000) was awarded an 'A+' credit rating with a Stable outlook by Lanka Rating Agency. The rating cites strong Sept‑2025 performance and metrics: FY25 PAT Rs.10.8bn, H1 FY26 PAT Rs.5.8bn, gross NPL 1.55% and total capital adequacy 23.66%.
LB Finance has adopted Snowflake's AI Data Cloud as its unified data foundation to enable near-real-time analytics and AI-powered credit scoring, cutting report generation from hours to seconds and speeding many loan approvals to minutes.
The Association of Alternate Financial Institutions appointed its new 2026/27 board, with Siddeeque Akbar as President. AAFI's membership includes Commercial Bank, L B Finance, NDB, Seylan Bank and Hatton National Bank.
Dividend · Rs 2.25 · XD Feb 18, 2026
First Interim dividend of LKR 2.25/share; XD 2026-02-18; record 2026-02-18; payable 2026-03-10; FY 31st March 2026
L B Finance PLC secured $45 million in long-term senior debt—$20m from responsAbility and $25m from BlueOrchard—to boost foreign-currency funding, strengthen liquidity and expand MSME lending.
L B Finance PLC was assigned an initial entity rating of A+ with a Stable Outlook by Lanka Rating Agency. The agency cited its leading market position (≈12.3% of sector assets), strong asset quality, diversified lending (gold loans ~38%, leasing/vehicle ~42%) and noted it is 51.75% held by Vallibel One.
L B Finance PLC reported PAT of Rs. 8.93 billion for the nine months to 31 Dec 2025, up 24% YoY, with total assets of Rs. 349.4 billion. Group PAT was Rs. 9.04 billion, income rose 23% to Rs. 42.57 billion, and the company acquired a controlling stake in Associated Motor Finance while expanding into the Philippines.
L B Finance PLC won two awards at ICSDB 2025: a Merit Award for its Journey Towards a Low Carbon Future and a Bronze Award for its Digital Personal Loan Granting Scheme. The scheme uses AI via the LB CIM app to automate loan eligibility, and the company has measured and independently assured its GHG emissions.
L B Finance PLC will establish a wholly owned subsidiary, LB Finance Philippines Inc., with an initial investment of $650,000 to provide financial services; the move has been approved by the Central Bank of Sri Lanka. LB Finance is a subsidiary of Vallibel One PLC and will announce further details after incorporation and licensing.
L B Finance PLC received Central Bank approval to establish a wholly owned Philippine subsidiary, LB Finance Philippines Inc., with an initial investment of USD 650,000. The company said it will announce further details after incorporation and obtaining required licences.
L B Finance PLC (LFIN.N0000) donated Rs. 5 million to support government relief for disaster-affected communities, with the cheque handed to the Secretary to the President; the MD said the company will continue to support relief efforts.
LB Finance completed acquisition of a 73.11% stake in Associated Motor Finance for over Rs.4.1 billion, raising its holding to more than 82.8 million AMF shares. The deal followed a mandatory offer of Rs.50 per share for 100% of AMF.