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Lanka Rating Agency (LRA) has assigned a long-term financial institution rating of BBB, (with a stable outlook) and a short-term rating of L3 to Asian Finance Limited ("Asian Finance" or "the Company"). The ratings reflect Asian Finance's growing profitability and improving asset quality, tempered by its borderline liquidity and marginal capaitalisation.

Asian Finance comes under the Ceylinco Securities and Financial Services Group. Ceylinco Securities and Financial Services Limited, a registered money broker and merchant bank, holds 89.39% of Asian Finance's shares. Asian Finance is a mid-sized finance company with an asset base of Rs. 1.69 billion as at the end of FYE March 31, 2005 ("FY Mar 2005").

It operates from Colombo, with two branches in Kandy and Kurunegala. The Company's business mainly focuses on leasing, hire-purchase financing and land easy-payment loans ("land EPs"). Meanwhile, real estate has become an increasingly important profit contributor to Asian Finance over the last few years.

Job Opportunity - Jarir Marketing Co.

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