Asia Asset Finance Surpasses Rs. 50 Bn Asset Milestone 📈
• Overall Growth: Asia Asset Finance PLC (subsidiary of India’s Muthoot Group) officially exceeded Rs. 50 billion in total assets as of February 2026. This follows a strong performance through December 2025, where assets stood at Rs. 45.8 billion. • Key Financial Indicators (as of end-December 2025): • Loan Book: Expanded significantly by 37.5% to reach Rs. 40.1 billion. • Deposit Base: Grew to Rs. 21.2 billion, a 6.2% increase from March 2025 levels. • Borrowings: Saw a sharp rise of 69%, totaling Rs. 15.7 billion. • Net Assets: Reported at Rs. 35.62 per share. • Strategic Context: The growth is attributed to the expansion of the company’s lending portfolio and a broader customer base within the regulated finance sector. Management emphasized that this trajectory was supported by strict financial discipline, governance, and risk management practices. • Economic Impact: The milestone highlights the scaling of financial services platforms in Sri Lanka, reflecting increased stakeholder confidence and credit expansion within the NBFI (Non-Bank Financial Institution) sector. _Note: Figures based on company-reported data as of March 2026._