Senkadagala Finance PLC yesterday (01) stated that it had received a US$ 25 million financing facility from the Netherland-based FMO ( Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V), on June 29, 2020, to enhance its green vehicle portfolio.

Senkadagala was initially formed in the city of Kandy in 1968. The company has become one of the largest licensed finance companies operating under the purview of the Central Bank of Sri Lanka.

In March, Senkadagala acquired Candor Asset Management (CAM), a Sri Lankan unit trust and private portfolio management, for an estimated Rs.26.7 million.