Finance

Vallibel Finance to Raise Rs. 3 Billion via Debenture Issue

Vallibel Finance PLC has launched its inaugural listed debenture issue to raise Rs. 3 billion, marking a significant milestone in its funding strategy. The company will initially issue 20 million rated, subordinated, unsecured, redeemable debentures priced at Rs. 100 each, with the option to issue an additional 10 million debentures if the initial tranche is

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Industry Analysis

Vallibel Finance Expands with New Branches in Medawachchiya, Battaramulla, Nittambuwa

Vallibel Finance has recently expanded its network across Sri Lanka by opening new branches in Medawachchiya, Battaramulla, and Nittambuwa. These new locations will provide enhanced access to quick and efficient financial services for customers in both the Northern and Western Provinces. The branch openings were celebrated in the presence of Managing Director Jayantha Rangamuwa, along

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Currency Exchange

Sri Lanka Stocks Close Higher with Renewed Interest in Apparel Sector

The Colombo Stock Exchange ended on a positive note on Thursday, as indicated by the data on its website. The broader All Share Index increased by 0.29 percent, or 33.14 points, closing at 11,439. Meanwhile, the more liquid S&P SL20 Index rose by 0.62 percent, or 20.25 points, finishing at 3,285. The day’s turnover was

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