Vallibel Finance

What Vallibel Finance does

Vallibel Finance PLC is a Sri Lanka-based, publicly listed non-bank finance company (Colombo Stock Exchange: VFIN) operating under license from the Central Bank of Sri Lanka. Founded in 1974 and part of the Vallibel Group conglomerate, the company delivers a diversified portfolio of financial services including vehicle and equipment leasing, gold-backed loans, fixed deposits, auto and wheel overdrafts, property loans, and micro leasing targeted at three-wheeler owners and micro entrepreneurs. The company serves retail consumers, small businesses, and micro-entrepreneurs across Sri Lanka through a hybrid physical-digital distribution model comprising 91 branches, partner banking channels, kiosk machines, and the vFin Digital mobile application, alongside payment infrastructure via the Pay&Go platform.

The business model is fundamentally asset/liability-driven: Vallibel Finance accepts fixed deposits (Rs. 58,643 Mn as of FY2024) and draws on a banking syndicate for funding, then lends against vehicles, gold, property, and micro-enterprise assets. Its core revenue stream is net interest income from this lending book, with FY2024 gross income of Rs. 20,030 Mn and net profit of Rs. 2,142 Mn (up 60% year-over-year). Total assets stood at Rs. 93,168 Mn as of FY2024, and the company was upgraded to an A- (Stable) credit rating by Lanka Rating Agency.

The company operates with over 2,000 trained employees serving more than 500,000 customers nationwide, with a differentiated strategic partnership with Toyota Lanka for vehicle financing through a dedicated Concept Centre. Recent capital actions include a Rs. 2.12 billion Rights Issue announced in March 2026 to fund further branch expansion into Northern and Eastern provinces. Awards include three consecutive "Best Finance Company" recognitions from Global Economics (2021-2023) and a Top 25 Most Valuable Sri Lankan Brand ranking by Brands Finance.

Name

Vallibel Finance

Legal name

Vallibel Finance PLC

Website

https://vallibelfinance.com

Company type

Public

Founded year

1974

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Vallibel Finance PLC is a Sri Lanka-based licensed non-bank finance company offering leasing, gold loans, fixed deposits, property loans, and micro financing to retail consumers, micro entrepreneurs, and SMEs across 91 branches nationally.

Ownership category

akta.pro rank

Product category

Non-Bank Financial Services

NAICS

Sales Financing (52222)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Bridge Loans & Emergency Short-Term Credit (FSAKAMAJ)

Keywords

• Vehicle leasing services
• Gold-backed lending
• Fixed deposit products
• Property loan services
• Micro enterprise financing

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Leasing: Vehicle and equipment leasing services providing financing for registered and unregistered vehicles with competitive rates and flexible repayment options
2. Gold Loans: Gold-backed loans using jewelry as collateral with maximum valuation and low interest rates
3. Fixed Deposits: Term deposit products offering attractive interest rates for savings, with deposit insurance protection
4. Auto Draft: Overdraft facility against motor vehicles as collateral, repayable like a bank overdraft with monthly interest payments
5. Wheel Draft: Three-wheel vehicle backed overdraft facility for quick access to funds
6. Property Loans: Loans against commercial or residential property for home renovation, property purchase, education, or medical expenses
7. Micro Leasing: Financing for three-wheelers and bicycles targeting micro entrepreneurs and salaried employees

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Vallibel Finance PLC is a licensed Sri Lankan non-bank finance company offering vehicle and equipment leasing, gold-backed loans, fixed deposits, property loans, micro leasing for three-wheelers and motorcycles, and overdraft facilities (Auto Draft for motor vehicles, Wheel Draft for three-wheelers). It serves individual consumers, micro entrepreneurs, and small businesses through 91 branches nationwide, supported by the vFin Digital mobile app, Pay&Go payment facility, and physical kiosk machines.

Product overview

Vallibel Finance operates as a diversified financial services company offering a portfolio of lending, deposit, and payment products. The core offerings include Leasing (vehicle and equipment financing), Gold Loan (gold-backed lending), Fixed Deposits (savings products), Auto Draft (motor vehicle overdraft), Wheel Draft (three-wheeler financing), Property Loan (property-backed lending), and Micro Leasing (micro-enterprise financing). The company also provides payment infrastructure through branch counters, bank transfers, Pay&Go, and KIOSK channels. The vFin Digital App serves as the digital channel for customer access. The product portfolio serves individual consumers, micro entrepreneurs, SMEs, and corporate clients across Sri Lanka through a network of 91+ branches.

Differentiator

Problem solved

Functional benefit

Brands

• vFin Digital: Digital banking and financial services mobile application offered by Vallibel Finance for convenient customer access to financial services.

Products and services

• Leasing Vehicle and equipment financing solution offering competitive and flexible leasing rates for both registered and unregistered vehicles, tailored to individual and corporate customer needs.
• Gold Loan Loan facility against gold jewelry providing maximum valuation, competitive interest rates, and free insurance for pledged gold items. Targeted at individuals seeking quick liquidity against gold holdings.
• Fixed Deposits Savings product with competitive fixed deposit rates, guaranteed returns, and deposit insurance protection under the Sri Lanka Deposit Insurance Scheme (SLDIS). Available to the general public and senior citizens with enhanced rates.
• Auto Draft Overdraft facility against motor vehicles as collateral, repayable like a bank overdraft with monthly interest-only payments and a limit of up to Rs. 50 million. Provides quick access to funds for vehicle owners.
• Wheel Draft Bank overdraft equivalent facility for three-wheel vehicle owners (both registered and unregistered) with flexible repayment options, enabling quick access to funds for micro entrepreneurs.
• Property Loan

Quantifiable outcome

• Fastest finance company in Sri Lanka to surpass Rs. 100 billion asset base
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Toyota Lanka (Pvt) LtdcoreStrategic or Co-development Partner · 7 April 2026Strategic partnership with Toyota Lanka to launch Sri Lanka's first Toyota-Vallibel Concept Centre, providing integrated vehicle financing solutions and serving as Toyota's preferred financing partner for vehicle purchases.
• Lanka Rating AgencycoreOthersCredit rating agency that assigned Vallibel Finance a credit rating of A- (Stable), reflecting the company's robust market outreach, superior asset quality, and improved profitability.
• Pay&GosupportingTechnology or IntegrationDigital payment facility integrated with Vallibel Finance services for loan installment payments and other financial transactions via mobile application.
• Kiosk Payment PartnerssupportingTechnology or IntegrationPhysical kiosk network enabling cash and digital payments for Vallibel Finance products across Sri Lanka.
• Central Depositary Systems (Private) LimitedsupportingOthersShare registry and investor relations support services.
• Ernst & YoungsupportingOthersExternal auditors for annual financial statement audits.
• KPMGsupportingOthersInternal auditors for internal control and compliance reviews.

Scale indicators10 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• People's Leasing & Finance PLC: Major Sri Lankan NBFI with strong vehicle leasing, fixed deposit, and consumer lending franchise. Comparable to Vallibel Finance in core product mix (leasing-heavy) and target customers (individuals and SMEs across Sri Lanka).
• HNB Finance Limited: Subsidiary of Hatton National Bank offering consumer finance, leasing, and deposits. Comparable in lending products and customer segments, with similar retail and SME focus.
• Central Finance PLC: One of Sri Lanka's oldest finance companies, with leasing, hire purchase, and fixed deposits. Notably, Vallibel Finance's MD S.B. Rangamuwa previously worked here, indicating overlapping talent and operating model.
• LOLC Finance PLC: LOLC Finance is a leading Sri Lankan Licensed Finance Company offering leasing, gold loans, fixed deposits, and micro finance. Direct competitor with comparable product portfolio and nationwide branch presence, making it the most relevant peer for Vallibel Finance.
• Siyapatha Finance PLC: Sri Lankan NBFI providing leasing, vehicle financing, gold loans, and fixed deposits. Comparable scale and product portfolio to Vallibel Finance, with similar nationwide branch footprint.
• Citizens Development Business Finance PLC (CDB): Sri Lankan Licensed Finance Company offering SME lending, micro finance, leasing, and deposits. Comparable business mix with strong focus on small business and micro entrepreneur segments like Vallibel Finance's micro leasing.
• LB Finance PLC: Established Sri Lankan Licensed Finance Company with diversified lending (leasing, gold loans, housing, deposits) and significant branch network. Closely comparable in business model and customer segments to Vallibel Finance.

Emerging players

• Merchant Bank of Sri Lanka & Finance PLC: Smaller Sri Lankan Licensed Finance Company offering leasing, loans, and investment products. Comparable in core business model but with smaller scale and footprint than Vallibel Finance.

Broad incumbents

• Hatton National Bank PLC (HNB): Major Sri Lankan commercial bank with extensive deposit franchise and lending operations. Listed as a financial partner of Vallibel Finance, also competing for the same retail and SME deposit/lending customers.
• Commercial Bank of Ceylon PLC: One of Sri Lanka's largest commercial banks, offering deposits, consumer loans, leasing, and corporate banking. Competes with Vallibel Finance for retail deposits and consumer loans but operates at much larger scale and with broader product suite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Vallibelfinance
• YouTubeyoutube.com/@vallibelfinanceplc124?si=HFgIzrKuoQ8k-jn-
• Facebookfacebook.com/VallibelFinancePLC
• LinkedInlinkedin.com/company/vallibel-finance
• Instagraminstagram.com/vallibelfinance
• TikToktiktok.com/@vallibelfinance

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vallibel Finance