MBSL Savings Bank Limited and MCSL Financial Services Limited have been amalgamated with Merchant Bank of Sri Lanka & Finance PLC which was formerly known as Merchant Bank of Sri Lanka PLC.

The amalgamated company is now Merchant Bank of Sri Lanka & Finance PLC and the amalgamation took place on 01 January 2015.

Merchant Bank of Sri Lanka & Finance PLC has been granted a license to carry on finance business from 01 January 2015.