MMBL expands Western Union Money Transfers network with Softlogic Finance tie-up

Thursday, 17 November 2011 00:00 - - {{hitsCtrl.values.hits}}

MMBL Money Transfer (Pvt) Ltd. (MMBL) has appointed Softlogic Finance PLC - the Finance arm of Softlogic Group to offer Western Union money transfer services through their combined network of Softlogic Finance and gold loan centres, island wide.

MMBL Money Transfer (Pvt) Ltd., a joint venture between Aitken Spence PLC and Mercantile Merchant Bank Ltd is one of Sri Lanka’s leading international money transfer providers connecting Sri Lankans with more than 475,000 Western Union locations in more than 200 countries and territories.

Serving Sri Lankans working and living overseas to send money to family and loved one’s since 1993 MMBL’s network of locations are serviced by banks, co-op rural banks, financial institutions and retail outlets such as jewellery centres, pawning centres etc.

“Convenience is paramount to our Western Union customers and therefore our strategy is to facilitate ‘right next door’ access. Our tie up with Softlogic Finance reinforces this commitment to continually expand our presence across Sri Lanka”, said Dinesh Mendis, Director Aitken Spence Group Ltd. and Managing Director of MMBL Money Transfer

Softlogic Finance PLC offers a portfolio of financial solutions encompassing, leasing, hire purchase, business and personal loans, savings and fixed deposits.

“Signing up to offer Western Union Money Transfer Services is in line with our expansion strategy to offer a comprehensive suite of services to our Sri Lankan customers” said Mayura Fernando, Director/CEO of Softlogic Finance.

“The last six months has seen, Softlogic Finance expand our network and along with our products and services as we grow our customer base to all parts of Sri Lanka,” he said.