Asia Asset Finance PLC has further strengthened its island-wide presence with the recent opening of two new branches in Nelukkulam and Omanthai, marking another significant milestone in the company’s mission to bring trusted financial services closer to rural communities.
The new openings form part of Asia Asset Finance PLC’s wider expansion strategy, centred on financial inclusion, regional empowerment and sustainable community development. The company is also preparing to open eight more branches in Uppuveli, , Padiyathalawa, Madagama, Atampitiya, Kodikamam, Skanthapuram and Mandur, further extending its reach into communities where access to formal financial services can create life-changing opportunities for individuals, families, entrepreneurs and small businesses.
As part of its strategic network development plan, Asia Asset Finance PLC also intends to relocate three existing branches in Trincomalee, Kinniya and Pottuvil to more suitable and customer-friendly locations. These relocations are expected to enhance accessibility, improve customer convenience and provide a stronger service experience in these important regional markets.
Backed by 55+ years of legacy in Sri Lanka’s financial services sector, an asset base of over Rs. 50 billion, a Fitch A+(lka) rating and the strength of Muthoot Finance, one of India’s largest and most respected financial services groups, Asia Asset Finance PLC continues to grow as a trusted licensed finance company with a clear purpose: to empower communities through accessible, responsible and customer-focused financial solutions.
The company’s expansion into rural and semi-urban markets reflects its commitment to ensuring that financial progress is not limited to major cities. Through its branches, Asia Asset Finance PLC offers a broad portfolio of solutions, including leasing, gold loans, fixed deposits, micro mortgage, business finance and other services designed to support customers at different stages of life and enterprise.
A key focus of this expansion is female empowerment. Asia Asset Finance PLC continues to promote equal opportunities for women by supporting female customers, entrepreneurs and employees, while encouraging greater financial participation among women in rural communities. By providing access to finance, employment, and awareness, the company aims to help women become stronger contributors to household stability, business growth, and community development.
Commenting on the expansion, Sajith Atapattu, General Manager – Branch Operations of Asia Asset Finance PLC, said: “Every branch opening and relocation represents our commitment to taking financial services closer to the people. Through our expansion, we are strengthening our service promise to rural Sri Lanka while empowering women, entrepreneurs and families to build a more secure future.”
In keeping with its community-first approach, every Asia Asset Finance PLC branch opening is linked with a CSR initiative, including school equipment donations to local schools and dry rations to selected families.
With its growing network, strong financial foundation and people-focused purpose, Asia Asset Finance PLC continues to demonstrate that expansion is not merely about presence, but about creating access, dignity and opportunity across Sri Lanka.
