Alliance Finance Company plc Reports Earnings Results for the Second Quarter Ended September 30, 2019

Alliance Finance Company PLC is a Sri Lanka-based finance company. The Company provides finance leases, term loans, gold loans, pledge loans, mortgage loans, Ran Ayojana acceptance of public deposits and savings. The Company’s other lines of business include hire purchase, group loans, trading, investment in shares and real estate. The Company also provides end-to-end vehicle management solutions which include operating leases and hiring of vehicles. The Company’s products and services include Leasing and Loans, which consists of vehicle and equipment leasing, quick cash, speed cash, pledge loans and term loans; Gold Loans, which includes short term advances collateralized against gold and installment based gold investments; Savings and Deposits, which includes fixed deposits and savings deposits with special products to senior citizens and minors, and Commercial Division, which provides operating lease, vehicle trade-in service, rental service, and automotive service center.