With a proud legacy of over 69 years in Sri Lanka’s financial sector, Alliance Finance Company PLC (AFC) continues to set benchmarks in sustainable finance, corporate governance, and customer-centric innovation. As the oldest finance company in the country and a pioneer of the triple bottom line approach, AFC has consistently aligned its business strategy with a clear purpose: to create enduring value for people, planet and profit.
At the National Business Excellence Awards 2025, AFC was recognized with two prestigious accolades – the Joint Runner-up Award for Excellence in Corporate Governance & Strategy, and a Merit Award in the Non-Banking Financial Institutions (NBFI) Sector. These recognitions are a testament to AFC’s commitment to sound governance, strategic foresight, and responsible leadership in navigating Sri Lanka’s dynamic economic landscape.
In an era where resilience and responsibility define corporate leadership, AFC has distinguished itself through an unwavering focus on ethical practices, transparent stakeholder engagement, and inclusive growth. The company’s strategic vision combines financial discipline with long-term impact, aiming not just for profitability, but for the upliftment of communities and the preservation of the environment.
AFC’s business excellence is deeply rooted in its Triple Bottom Line philosophy, which guides every initiative to deliver positive outcomes for society and the planet, alongside sound financial performance. From empowering grassroots entrepreneurs through inclusive credit, to promoting green energy solutions and climate-aligned financing, AFC remains at the forefront of purpose-driven finance in Sri Lanka.
The Company’s strong performance in FY2024/25 underscores the success of this balanced approach. AFC recorded its highest-ever profit after tax, a significant portfolio expansion, and one of the lowest Non-Performing Loan (NPL) ratios in the industry, affirming its prudent risk management and sustainable lending model.
Further, the voluntary adoption of SLFRS S1 and S2 – the Sri Lankan equivalent of the ISSB’s global sustainability disclosure standards – demonstrates AFC’s proactive commitment to climate resilience and ESG transparency. This bold step positions AFC among the first Sri Lankan financial institutions to integrate climate-related disclosures into core reporting, further reinforcing its leadership in responsible finance.
AFC’s brand is not just built on decades of experience – it is continuously shaped by innovation, empathy, and purpose. Through its People + Planet + Profit commitment, AFC invests in green finance, community well-being, and inclusive access to financial services. The Company’s initiatives – from climate-smart agriculture loans and rooftop solar lending to early financial literacy and environmental restoration – reflect a genuine desire to be a force for good in Sri Lanka’s development journey.