In 2024, Singer Finance commemorates twenty years of transforming aspirations into realities. Established in 2004 as a consumer finance venture to facilitate the purchase of Singer consumer products through convenient monthly installments, the business has evolved into a comprehensive financial powerhouse offering a diverse array of solutions.
Initially focusing on consumer finance, Singer Finance swiftly adapted and diversified its offerings. Today, it stands as a fully-fledged finance institution, extending services such as vehicle leasing and loans, gold loan facilities, savings, personal and business loans, agro, and SME financing, among others.
The pivotal moment came in 2017 when Singer Finance became a part of the prestigious Hayleys Group.
This partnership fuelled growth and fortified trust within the community, establishing Singer Finance as a formidable, stable entity amid unprecedented challenges. With an expanding island-wide network of branches, currently totalling 52, the institution remains steadfast in its commitment to accessibility and reliability.
Thushan Amarasuriya, CEO of Singer Finance said, “Beyond our expansive offerings, what truly sets Singer Finance apart is our unwavering commitment to customer service excellence. This drives us to serve customers with utmost care, provide tailored solutions, and nurture enduring relationships, taking every opportunity to help transform their vision into a reality. As Singer Finance celebrates two decades of empowering dreams and enabling progress, we look forward to a future filled with innovation, growth, and continued service to the nation.”
“Driven by a ‘people-first’ ethos, Singer Finance seeks to enrich lives and drive prosperity within communities,” said Mahesh Wijewardene, Group CEO of Singer adding, “Its diverse range of financial solutions is a testament to this commitment, catering to the unique needs of various segments across the country.”
Wijewardene outlined the company’s dedication to prioritising the well-being and success of its customers, reflecting its deep-rooted values and overarching mission.
“The cornerstone of our identity as a finance company lies in our unwavering commitment to transparency, especially during challenging times,” said Aravinda Perera, Chairman of Singer Finance.
“Being true to what we do makes us a credible finance company, dedicated to upholding integrity and honesty in all our practices,” he said.
Perera stressed the significance of maintaining transparency as a pillar of trust, ensuring that Singer Finance remains steadfast in its mission to serve with honesty and accountability.
“For over 145 years, Hayleys has been a cornerstone of progress, enriching the lives of individuals and communities through its diverse portfolio spanning 16 business sectors,” said Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC,” he said.
