Daily Mirror (Sri Lanka)

George Steuart Finance offers array of financial services

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George Steuart Finance Limited recently unveiled to the public the new corporate name and their future plans for growth, at a launch event held in Colombo. The company also announced the approval for listing on the Diri Savi Board of the Colombo Stock Exchange in the near future.

Speaking at the launch Lakshman Uduwara, Director/Chief Executive Officer of GS Finance said, “We are now stronger by being part of the reputed George Steuart Group. With this affiliatio­n, we now project an enhanced corporate image and stability, gives ample confidence to potential investors. The public needs to know that their money is secure whilst earning the best returns. Also, customers are attracted by a friendly, convenient atmosphere. Our valued customers are assured that they will receive total satisfacti­on when dealing with us. In keeping with the Group’s culture and corporate values our company stands dedicated to adhere to the highest levels of good governance, transparen­cy and integrity”. Uditha Ranaweera, Executive Director and Head of Business Developmen­t commented, “With regard to business expansion, the company proposes to open more branches in strategic locations of the country this year, in addition to the currently establishe­d five branches, in order to service a wider spectrum of clients. The company also has plans to commence micro financing operations with a commitment to assist grassroot level businesses, especially the aspiring youth. It is the belief of the Board of Directors that all Group businesses should converge their strengths to build this Nation and power its growth to the next level.”

George Steuart Finance currently offers comprehens­ive services such as Fixed Deposits, Leases, Hire Purchase, Loans, Short Term Trade Finance, Cheques and Bills Discountin­g, Margin Trading and Real Estate Developmen­t. The company’s dedicated research team looks forward to introducin­g many innovative financial products that will add value and uplift the lives of upwardly mobile Sri Lankan people.

George Steuart Finance was initially establishe­d as Asia Commerce (Pvt) Ltd, a dedicated Leasing Company in 2005. Broad basing the capital structure, growing the product profile and bringing in industry profession­als to strengthen the Board, in May 2011, on being granted the Finance Company license, in order to deliver a better financial product, the company moved to its modern office complex on Galle Road, Colombo 3.

 ??  ?? GS Finance CEO Lakshman Uduwara addressing the gathering
GS Finance CEO Lakshman Uduwara addressing the gathering
 ??  ?? Central Bank Governor Ajit Nivard Cabraal speaking at the event
Central Bank Governor Ajit Nivard Cabraal speaking at the event

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