Company Information

Get to know Singer Finance

Established in 2004, Singer Finance (Lanka) PLC is a key player in Sri Lanka's non-bank financial institution sector and is listed on the Colombo Stock Exchange. As a subsidiary of Singer (Sri Lanka) PLC, the company leverages its parent's extensive retail network to provide a comprehensive suite of financial products. Its core services include vehicle leasing and hire purchase, personal and business loans, gold loans, and the acceptance of fixed deposits and savings accounts, catering to a diverse customer base across the island. The company is licensed and regulated by the Central Bank of Sri Lanka.

Industry

Financial BankingPRIMARY
Financial Other Service

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Singer Finance

Sri Lanka

Founded in

2004 (22 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.