MBSL Bank opens new high tech head office service branch

MBSL Bank continuing its aggressive expansion program and continued drive to increase its presence and deliver exceptional service to it’s valued customers, had the ceremonial opening of it’s new state of the art head office recently.  

The brand new service outlet is located at the ground floor of the Bank of Ceylon Merchant Tower at St. Michael’s Road, Colombo 3.

The imposing structure dominating Colpetty’s skyline is an icon that houses Sri Lanka’s pioneer investment merchant bank incorporated in March 1982.

Merchant Bank of Sri Lanka carries forward a distinguished legacy handed over to it by an equally eminent and a venerable financial institution – Bank of Ceylon.  The building’s infrastructure includes the most up-to-date computer network, communication facilities and customer conveniences in modern banking. The new service outlet was declared opened by Bank of Ceylon Chairman Dr. Gamini Wickramasinghe at the auspicious hour amongst a distinguished gathering.

Speaking at the occasion, The Chairman of MBSL Bank M. R. Shah stated, “This is a special day because of what this event symbolises. We can reflect today on MBSL Banks growth and progress – and we can think ahead to a future of continued achievement and success. We have come a long way in a short time, and the future looks very strong .Our fast-growing Merchant Banking division has many products that will give tremendous benefits to our customers. We have local, customer service-focused branches with managers who are long-term members of their local communities who understand our customer expectations and how best to deliver to meet their individual requirements. Our aim is to ensure economic empowerment ranging from the small and medium enterprises to large scale corporate organisations. The Bank’s policies recognise that the strength of any society – as a whole – will ultimately depend on the progress of each of that society’s parts. Currently, if one were to redefine corporate advisory and capital markets, leasing, trade and project finance, the name that would easily spring to mind would be none other than MBSL.”

Shah added, “We also recognise today some of the qualities which have produced these past accomplishments and which I believe will be key to future successes. One of the key ingredients of our success is the spirit of cooperation and hard work of the management and its highly professional staff. As we recognise them, we admire the way the Bank has evolved as one team—bringing together people of diverse backgrounds. Today, in both its internal operations and its external actions, MBSL Bank represents the spirit of pluralism, and the conviction that diversity is a source of strength and vitality.”

To mark this occasion, the bank also launch ed its website which includes a comprehensive guide to the full suite of merchant banking services offered by MBSL that include Micro Finance, Trade Finance, Corporate advisory and leasing services.”

Merchant Bank of Sri Lanka PLC is a public quoted company with limited liability and is listed on the Colombo Stock Exchange. Its roots are strong with a stated capital of LKR 1,067 million and its largest shareholder, the Bank of Ceylon holding a strategic stake of 72%. MBSL has a strategic alliance with SBI Capital Markets Limited the largest investment Bank in India.

The Bank has a long-standing reputation for excellence in providing a range of benefits in leasing facilities with flexible payment structures designed to suit individual requirements and financial assistance for the lease of brand new and unregistered vehicles and hire purchase facilities for registered vehicles.  The bank also offers one-day three-wheeler lease that offers a quick and simple lease that will help one to purchase a brand new three-wheeler of their choice in just one day.

Recognising the importance of small and medium scale entrepreneurs to the growth of our national economy, MBSL Bank has also launched the “Gami Diriya” loan scheme that offers financial solutions based around their requirements in tandem with many value-added services.