Siyapatha Finance opens 54th branch in dynamic city of Kaduwela

Tuesday, 15 July 2025 01:08 - - {{hitsCtrl.values.hits}}

Premier finance company Siyapatha Finance PLC recently opened its newest branch in Kaduwela, expanding its islandwide network to 54 branches. Situated in the heart of a progressive suburb of Colombo, the Kaduwela branch offers Siyapatha’s customer-centric financial solutions ranging from leasing, fixed deposits, savings, gold financing, business loans, personal loans, fast draft, and factoring to Smart Pay and bill payment facility.

The opening ceremony was graced by Siyapatha Finance PLC Managing Director Ananda Seneviratne, Director Jayanath Gunawardena, Director Sriyani Ranathunga, Chief Operating Officer Rajeev De Silva, senior management and staff as well as Kaduwela government officials including ASP S.A.R. Samaranayake, Kaduwela Police OIC Kaan Weerasinghe, Trade Association President Nishantha Guruge, along with officials from Government and private banks and insurance companies.

Bordered by the fertile lands parallel to the Kelani River to the North and the famed Diyawanna Lake to the West, Kaduwela is the second largest city by land area in the Western Province, widely known for its well-balanced synergy of urban and rural living. Over the past decade, the city received growing attention for its rapidly developing infrastructure, and strategic location safeguarded by swamps and water bodies, vibrant local community.

Today, Kaduwela boasts high potential to attract both local and foreign investments in a diverse range of industries. The services sector dominates the employment landscape, where services such as IT and BPO, retail and trade, healthcare, education, and finance continue to play a pivotal role in the overall economic progression of the region. Another considerable account of the workforce is occupied in the industrial sector.

Rooted in the historical importance rendered by early dwellers, a majority of the agricultural lands are occupied by paddy cultivation, stretching from Nawagamuwa to Oruwala and Athurugiriya and cultivation of coconut, rubber, fruits, and vegetables for exportation purposes.

The geographic significance has impacted the direction of many aspects of the city. Primarily due to the Outer Circular Highway and other major transportation routes, Kaduwela continues to project a surge in the real estate sector, with multiple residential and commercial projects currently underway. The demand for space for living and livelihood has elevated the region’s interest in real estate as well as advancements in e-commerce and modern amenities.

“As an entity continually exploring new avenues of growth, we recognised Kaduwela’s requirement for holistic, flexible services that are ideal for start-ups, small and medium-scale enterprises (SMEs) as well as the active workforce at large,” noted Siyapatha Finance PLC Managing Director Ananda Seneviratne adding: “Furthering our efforts for economic and financial support, our green financing solutions and ongoing CSR initiatives aim to create a positive impact within the suburb in the long run.”

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