OUR HISTORY

The Finance Houses Association of Sri Lanka’ (FHA) is the successor to the pioneering ‘The Ceylon Hire purchase & Finance Association’ formed in 1958. The association was formed to discuss the emerging problems in an unregulated environment that the deposit taking and lending companies operated that created a breeding ground for some of the Sri Lankan finance companies the adopt fraudulent and unethical practices; with total impunity. The founding fathers, {Messrs. F Harper & G.H. Montgomery (United Motor), A.C.Walker (Transport & General), Cyril .E. Perera (The Finance), Hayward Fernando (Alliance Finance), & Eardley de Silva (Arpico Finance)} met at the Ceylon Chamber of Commerce to discuss the emerging problems in the finance industry. They formalized the group into an association under the name of ‘The Ceylon Hire purchase & Finance Association’ on 27th May 1958. Many Finance Companies opted not to join. The Association was successively renamed ‘The Hire Purchase and Finance Association of Sri Lanka’(1977)  and ‘The Finance Houses Association of Sri Lanka ( FHA) in 1986. The FHA was incorporated, under the Companies Act No. 17 of 1982, in July, 2001. Thereafter it was reregistered under the Companies act of ……… of 2007. In the course of its history of 58 years, the FHASL has grown in form and stature to discharge a broad range of activities expanding its original objectives. Today it serves as the link between the authorities, the banking system ...

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Latest Event

Annual Sports Festival 2016
7 Jul

Annual Sports Festival 2016

This event was held on Bloomfield Ground Colombo 07, 16th July 2016 and Mr R A A Jayalath, Assistant...
HR Forum 2016
24 Feb

HR Forum 2016

HR FORUM 2016 of the FHASL was held at LIGHT HOUSE GALLEY, Colombo01 on 24th February, 2016.The Gues...
Annual Sports Festival 2015
11 Jul

Annual Sports Festival 2015

This event was held on Bloomfield Ground Colombo 07, 11th July 2015 and Mr Sunil Lankathilake, Assis...
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