Good governance - focus of TKS finance

TKS Finance Ltd., the newest Central Bank registered finance company is agog with many innovations and plans to make the benefits of finance more accessible to people.

TKS Finance will contribute its vision and strength by reaching out into multiple development-oriented financing in the country.

TKS Finance CEO Rasika Kaluarachchi said the company is focused to adhere rules and regulations stipulated by the Central Bank and other regulatory authorities.

The CEO elaborated on the measures to be deployed in the company's structure and added that the "Integrated Risk Management Committee and Audit Committee will be important features in the company, which will along with other important sub-committees oversee overall operational systems, mitigating financial risks and promoting transparency and good governance which are vital to protect all stakeholders and ensure the well-being of a company in any business, and moreover in a financial institute".

He said TKS Finance Ltd will offer quality financial products and services through its Board of Directors expert knowledge in financial matters. Its management team will speedily deliver to customers an efficient and courteous service.

The company offers an array of financial products and services including Hire Purchase, Term loans, Leasing, Personal loans to Government Servants, Pawning, Fixed Deposits and Savings Accounts.

The company, registered as a Finance Company under the Finance Companies Act No.78 of 1988 by the Monetary Board of Central Bank of Sri Lanka is at Dharmapala Mawatha, Colombo 7.