Asia Asset Finance PLC

Asia Asset Finance PLC is a Sri Lanka-based non-banking financial institution that provides asset finance, retail lending, leasing and deposit services across the country. The company’s business is anchored by its flagship Gold Loan product and a diversified lending portfolio that includes micro‑mortgages, micro and agricultural leasing and other retail lending solutions, delivered through an expanding branch network which reached a 100-branch milestone during the period. AAF also accepts customer funding, notably fixed deposits, and manages treasury and liquidity to support its lending operations; it has pursued product diversification and strategic expansion into semi-urban and rural areas to advance financial inclusion. The company has accelerated digital initiatives such as online onboarding and mobile platforms to improve customer convenience and operational efficiency. Operations are conducted in Sri Lanka with an emphasis on prudent risk management, governance and sustainability, and the company reports adherence to applicable Sri Lankan regulatory and reporting frameworks; the report notes AAF as one of the non-banking financial institutions holding an A+ rating.