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Alliance Finance Company PLC

Incorporated in 1956 as a licensed finance company registered under the Central Bank of Sri Lanka, today Alliance Finance Company PLC (AFC) is the oldest finance company in Sri Lanka. Over the years we have built a solid brand, based on the principles of trust and integrity . For more than six decades, AFC has been serving four generations of loyal Sri Lankans, providing financial services to meet their expectations.

The financial solutions we offer include leasing, gold loans, term loans, gold investment solutions, savings and deposits. We also carry out vehicle trade-in services and Ezy drive vehicle hiring services as well, under our Commercial Division. With a network of 86+ customer touch points across the island we are well equipped to reach out to serve our customers, individuals, micro-entrepreneurs and small and medium enterprises in Sri Lanka.

On our journey to become a sustainable financial institution in Sri Lanka, we have taken our first impactful step in 2017, by becoming the 1st Institution in the Banking and Finance sector of Sri Lanka to commit to the Karlsruhe Resolution, thereby agreeing to work towards achieving the Sustainable Development Goals and the Paris Climate Agreement. Over a decade our company has undertaken many initiatives in the sustainability front and integrated the essence of sustainability to the core of our business.

Receiving international endorsement for our unwavering commitment towards sustainability, in 2020 we became the first financial institution in South Asia to be a certified value driven financial institution for Holistic Sustainability in Banking and Finance, under Sustainability Standards and Certification Initiative of International Council of Sustainability Standards for Value-Driven Financial Institutions, Germany. Driven by our mandate dedicated to sustainable development, with our team of highly motivated and performance-driven individuals, we strive diligently every day to bring to life AFC’s high impact goals and core purpose, thereby contributing towards national and global sustainability priorities.

Our Purpose Statement

"Make the world a better place

through sustainable finance"

"Make the world a better place through sustainable finance"

Our Core Values

At AFC, we are guided by a strong set of core values that define who we are as an organisation. Our unwavering commitment to delivering exceptional professionalism is based on these values. We firmly believe in cultivating long-lasting relationships that are built on respect and transparency, which ensures absolute confidence in our expertise and unwavering dedication.

Our customers need to Trust us and be happy

We Respect each other and the environment

Teamwork will make us stronger
Everyone of us are Accountable for our actions
Ethics and Integrity is critical
We are open, brave and willing to drive Innovation and Change

Triple Bottom Line

People- Planet- Profit approach has long been intrinsic to our business and more recently, we have expanded our focus aligning the same with the UN SDGs. Our commitment has led us to become the first in South Asia to adopt the prestigious Sustainability Standard and Certification Initiative (SSCI)- the first global standard for financial institutions, encompassing a framework for the holistic integration of sustainability.

Alliance Finance staff members standing in front of a company branch
A group of professionals holding a potted plant with soil
A group of standing people looking a display with graphs and charts

Awards and Accolades

Our commitment to excellence and our efforts to “Make the World a Better Place’ continue to be rewarded and reinvigorated by the many national and international accolades we win.

Alliance Group

Alfinco Insurance Brokers (PVT) Ltd logo

Alfinco Insurance Private Limited

Our subsidiary, Alfinco Insurance Brokers evaluates and manages insurance portfolios for clients, from points of policy selection to renewal and making claims; thus unburdening clients to concentrate on their core business. Our services, as an independent professional service provider, include negotiating with all leading Insurance providers in the country, for both Life and General Insurance categories to obtain the best terms and conditions in the market, advising clients to minimise their risks and all other aspects of insurance.

Macbertan Private Limited company logo


Established in 1997, the Group’s associate company Macbertan (Pvt) Ltd. is a leading manufacturer of insulation solutions and flexible packaging. The Company pioneered the manufacture of expanded polyethylene and bubble sheets in Sri Lanka and is a joint venture between Alliance Finance, and McLarens Holdings Limited, two leaders in their respective industries.

Corporate Information

Name of the Company

  • Alliance Finance Company PLC

Statutory Status

  • Quoted Public Limited Liability Company, incorporated under the Companies Ordinance No.51 of 1938
  • Reregistered under the Companies Act No.7 of 2007
  • Approved and Registered under the Finance Leasing Act No.42 of 2011.
  • Financial Leasing Act.56 of 2000
  • An approved Credit Agency under the Mortgage Act No. 6 of 1949 Trust Receipt No. 12 of 1947.

Date of Incorporation

  • 18th July 1956

Company Registration

  • No. PQ 93

Registered Office

Board of Directors

  • Mrs. Tamara Dharmakirti-Herath – Chairperson
  • Mr. Romani de Silva – Deputy Chairman & Managing Director
  • Mr. Kusal Jayawardana – Deputy Managing Director
  • Mrs. Priyanthi de Silva – Independent Non-Executive Director
  • Mr. Hiran de Silva – Independent Non-Executive Director
  • Mr. Lasantha Hettiarachchi – Independent Non-Executive Director

Advisory Council

  • Mr. B. Ponnambalam
  • Mrs. K.S.K. de Silva
  • Mr. Abbas Akbarally (Chairman – Akbar Brothers Group of Companies)
  • Mr. K. Kanag Isvaran LLB (London) of Lincoln Inn Barrister – (President’s Counsel)
  • Mr. S.P. Morawake (Former Registrar of Companies)

Audit Committee

  • Mrs. Priyanthi de Silva – Chairperson
  • Mrs. T. Dharmakiriti Herath – Member
  • Mr. L.J.H. de Silva – Member

Remuneration Committee

  • Mr. Hiran de Silva – Chairman
  • Mrs. T.Dharmakirti Herath – Member
  • Mr. Lasantha Hettiarchchi – Member

Intergrated Risk Management Committee

  • Mrs.T. Dharmakiriti Herath – Chairperson
  • Mrs. Priyanthi de Silva – Member
  • Mr. Romani de Silva – Member
  • Mr. Mahinda Gunasekera – Member
  • Mr. Kusal Jayawardana – Member

Related Party Transaction Committee

  • Mrs. T.Dharmakiriti Herath – Chairperson
  • Mr. Hiran de Silva – Member
  • Mr. Lasantha Hettiarachchi – Member

External Auditors

  • M/s. Baker Tilly Edirisinghe& Co.
    Chartered Accountants,
    No. 45, 2nd Floor, Braybrooke Street,
    Colombo 2.

Internal Auditors


  • Chartered Accountants
    32 A, Mohamed Macan Markar Mawatha,
    P.O. Box 186, Colombo 3.

Legal Consultants

  • Gunawardena & Ranasinghe Associates
  • Sudath Perera Associates


  • Alliance Management Services (Pvt) Ltd.,
    Alliance House
    No. 84, Ward Place,
    Colombo 7.


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Principal Activities

  • Providing finance lease, gold loans, vehicle trade-ins, acceptance of fixed deposits, savings mobilisation, other credit facilities and services.

Credit Rating

  • (SL) BBB- with a stable outlook rating assigned by LRA ( Lanka Rating Agency)


  • Alfinco Insurance Brokers (Pvt) Ltd.

Corporate Memberships and Associations

  • The Finance Houses Association of Sri Lanka
  • Leasing Association of Sri Lanka
  • Credit Information Bureau of Sri Lanka
  • Financial Ombudsman-Sri Lanka
  • Biodiversity Sri Lanka (Patron Member) {Business and Bio diversity platform}
  • CSR Sri Lanka
  • Association for Development Finance Institutions in Asia and the Pacific (ADFIAP), The Philippines