In March 2026, Fintrex Finance PLC received a significant Tier 1 capital boost of Rs. 500 million from its parent company, Bluestone 1 (Private) Limited. This capital enhancement not only fortifies Fintrex’s financial foundation but also demonstrates the unwavering commitment of its shareholders to ensure long-term growth and stability. Bluestone 1 enjoys backing from reputable institutional investors who adopt a long-term investment strategy.
This recent capital injection is part of a strategic initiative to address increasing regulatory demands placed on Non-Bank Financial Institutions (NBFIs). Although the company is actively generating capital through its operations, this reinforcement of Tier 1 capital highlights a deliberate strategy aimed at building resilience and creating additional buffers beyond the basic regulatory requirements.
Fintrex Finance has been systematically augmenting its capital structure in recent years. This includes the issuance of a Rs. 1 billion listed subordinated bond in February 2025 and a subsequent Rs. 500 million unlisted subordinated debt in September 2025, both of which have bolstered its Tier 2 capital. The recent equity infusion further enhances the quality of its core capital.
As of the end of February 2026, the company reported a Net Asset Value of around Rs. 4.3 billion. With the new capital injection, the Tier 1 Capital Adequacy Ratio is expected to rise to 12.0%, significantly above the regulatory minimum of 8.5%. Additionally, the Total Capital Adequacy Ratio (CAR) is projected to reach 16.8%, surpassing the minimum requirement of 12.5%. This positions Fintrex Finance favorably to navigate market fluctuations and support asset growth.
This capital transaction reinforces shareholder confidence in Fintrex Finance’s operational model, governance practices, and the overall prospects of Sri Lanka’s financial industry. With enhanced capital reserves, a diverse funding strategy, and steadfast shareholder support, the company is strategically poised to pursue sustainable growth while ensuring financial stability.
Under the guidance of its Chairman, Mr. Ajit Gunewardene, Fintrex Finance benefits from robust governance and strategic oversight. The company is supported by a highly skilled Board of Directors that includes Mr. Ronnie Peiris, Mr. Shantanu Nagpal, Mr. Ahamed Sabry Ibrahim, Mr. Shrihan B. Perera, Mr. Nilam Jayasinghe, Mr. Jayashantha De Fonseka, Mr. Indrajit Wickramasinghe, and Mr. Darshan Perera. Their collective expertise plays a crucial role in strengthening Fintrex Finance PLC’s financial standing, enhancing stakeholder value, and promoting sustainable growth initiatives.
