Multi Finance to be listed on CSE
The Multi Finance Company will be listed on the Colombo Stock
exchange before June 30, said a spokesman for the Entrust Group. The
Entrust Group recently ventured into the business of financing by
acquiring The Multi Finance Company Limited, a Central Bank regulated
finance company headquartered in Kandy, family owned and founded 37
The company which has branches in Colombo, Gampaha and Matara hopes
to introduce different kinds of investments and lending instruments with
varying options, many of which are expected to be new, to the finance
sector, said the spokesman.
The group which has created a name for itself in the financial sector
has extended its business activities over the last decade from primary
dealer activities to registered finance company business activities.
The groupís main forte has been its expertise, and inbuilt confidence
which has propelled the group into venturing into different spheres of
business activities in the financial sector.
The group boasts of two regulated subsidiaries. The primary
dealership arm of the group, Entrust securities Limited is a licensed
primary dealer appointed by the Central Bank to exclusively deal in
The company has been an active dealer in the primary and secondary
market of government securities and a catalyst in promoting treasury
bills and bonds among the investor community.
Entrust Securities has achieved remarkable growth over the last
The company has been servicing and playing an advisory role to large
corporate, regulated institutions, government corporations, provident
funds, co-operative societies and high net worth investors and been in
active trading in government securities.
Over the years, the Multi Finance company has built a loyal clientle
that includes large and small businesses, entrepreneurs, professionals