Company Information

Get to know kanrich finance limited

Established in 1971, Kanrich Finance Limited was a registered finance company in Sri Lanka, licensed and regulated by the Central Bank of Sri Lanka (CBSL). For over five decades, it offered a diverse portfolio of financial products and services to a broad customer base, including leasing and hire purchase, microfinance, personal loans, business loans, fixed deposits, and pawning services. The company aimed to provide innovative and customer-centric financial solutions, contributing to the nation's economic development. However, due to a critical and deteriorating financial condition, its license was cancelled by the regulator.

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kanrich finance limited

Sri Lanka

Founded in

1971 (55 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.