Fitch Ratings Lanka Ltd. assigned A+(lka) to Serendib Finance Ltd. for the first time.
The e-financial leasing system which was the core operating module was replaced by the International Comprehensive Banking System (ICBS) of Fiserv Inc, the core banking system used by Commercial Bank in September 2019.
Indra Finance Ltd. obtained registration as a finance company on 08th May 2013 from the Central Bank of Sri Lanka in terms of the Finance Business Act No. 42 of 2011.
The in-house developed core leasing system was replaced with an outsourced software module named “e-financial” system.
The Company moved to its own Head Office premises at No. 187, Katugastota Road, Kandy.