Largest Finance Companies

Below are some of the largest finance companies in the world. These companies play a significant role in the financial markets of their respective regions and beyond, offering an extensive range of products and services that include loans, investment advisory, leasing, asset management, and more.

1. Hong Leong Finance Ltd (HLF)

Hong Leong Finance Ltd (HLF) is the largest finance company in Singapore, with a significant presence in the country’s financial landscape. Established in 1961, HLF is a member of the Hong Leong Group, one of the leading multinational conglomerates in Asia. As of 2009, HLF reported total assets exceeding S$8.9 billion and shareholders' funds of S$1.47 billion, underscoring its financial strength and market leadership.

HLF serves both individual and corporate customers, offering a wide array of financial products and services. For individual customers, the company provides deposit accounts, personal loans, home loans, credit cards, and wealth management services. Its corporate services include corporate loans, trade financing, and cash management solutions, making it a comprehensive financial services provider in Singapore.

In addition to its core banking services, HLF is also a leader in SME financing in Singapore. The company participates in government assistance programs designed to support small and medium-sized enterprises (SMEs), providing them with the financial resources needed to grow and expand. This has made HLF an integral part of Singapore’s vibrant business ecosystem, particularly in terms of fostering entrepreneurship and supporting economic growth.

Moreover, HLF’s solid track record in corporate advisory services has positioned it as a trusted partner for large enterprises seeking capital solutions and strategic financial advice. With its long-standing reputation for reliability and innovation, Hong Leong Finance Ltd is not just a dominant player in Singapore but also a key participant in Southeast Asia’s financial sector.

2. Amlak Finance PJSC

Amlak Finance PJSC holds the distinction of being the largest finance company among the publicly traded financial institutions in the United Arab Emirates (UAE). Founded in 2000, Amlak was the first specialized provider of home finance in the UAE, a market that has since evolved to become one of the most dynamic real estate sectors in the world. As of 2007, Amlak Finance had captured the largest market share in the UAE home finance sector, a position it has maintained through a commitment to innovation and customer service.

Amlak Finance primarily focuses on providing home loans, mortgages, and real estate financing to individuals, with a special emphasis on making homeownership accessible to a broader segment of the population. Its Sharia-compliant financing solutions cater to the UAE’s predominantly Muslim population, offering alternative financing structures that align with Islamic principles. This includes Murabaha, Ijara, and Musharaka contracts, which are designed to meet the financial needs of individuals while adhering to the tenets of Islamic finance.

In addition to retail home loans, Amlak Finance also offers corporate financing for developers and construction companies in the UAE, providing capital for residential and commercial real estate projects. The company has been an important player in the UAE’s ambitious real estate development boom, financing a variety of large-scale projects across the region.

Amlak’s continued success can be attributed to its robust financial model, customer-centric approach, and expertise in navigating the complexities of the UAE real estate market. With the backing of prominent regional investors and a strong market presence, Amlak Finance PJSC is poised to continue leading the way in home financing across the Middle East.

3. The Finance Company Limited (TFC)

The Finance Company Limited (TFC) is Sri Lanka’s largest finance company and has a long history dating back to its founding in 1953. TFC holds a dominant position in the country’s non-banking financial sector, with the distinction of having the largest island-wide branch network. The company offers a range of financial products aimed at serving both individual and corporate clients.

TFC’s services are diverse, including savings and fixed deposits, hire purchase financing, personal loans, real estate investments, and leasing solutions. One of the company’s standout offerings is the TFC Education Investment Plan, which helps individuals save and invest in their education. Additionally, TFC offers certificates of deposit and other investment products to help clients grow their wealth over time.

In a country like Sri Lanka, where access to banking services can be limited, especially in rural areas, TFC’s extensive branch network makes it one of the most accessible financial institutions for a wide range of customers. TFC’s microfinance services have also contributed to its reputation as a key player in Sri Lanka’s financial inclusion efforts, providing access to credit for underbanked individuals and small businesses.

TFC’s long history, strong market presence, and diverse product offerings have allowed it to maintain a leadership position in Sri Lanka’s finance industry, supporting both individual wealth creation and corporate growth in the country.

4. UDC Finance Limited

UDC Finance Limited is New Zealand’s leading finance company and is a wholly owned member of the ANZ Group, one of the largest banking and financial services organizations in Australia and New Zealand. With a strong presence in both New Zealand and Australia, UDC Finance is ranked as the 15th largest finance company in the world, making it a key player in the global finance sector.

UDC Finance primarily specializes in asset finance, offering a wide range of products such as secured term investments, call accounts, and loans for equipment and vehicle financing. The company has a long history of working with businesses, providing financing solutions that help companies acquire assets and expand operations. UDC Finance’s business loan products are tailored to meet the needs of small to medium-sized enterprises (SMEs), which form the backbone of New Zealand's economy.

UDC Finance is recognized for its expertise in commercial finance and has a strong track record of supporting business growth and capital expenditure projects. Its partnership with the ANZ Group also enables it to leverage a vast network of financial services and offer clients a comprehensive suite of financing options, including corporate loans and investment products.

The company’s reputation for financial stability, along with its customer-focused approach, has helped UDC Finance maintain its status as a leader in the New Zealand finance market, while also expanding its reach in the broader Oceania region.

5. Esanda Finance Corporation Limited

Esanda Finance Corporation Limited was once Australia’s largest finance company and was ranked among the top 10 financial institutions in the country by the mid-1990s. Established in 1959, Esanda originally focused on asset finance, vehicle leasing, and consumer lending. By the time it merged with the ANZ Group in 2000, Esanda had grown into a highly influential player in the Australian financial services industry.

Esanda's automobile financing and leasing services made it one of the most trusted names in the Australian consumer finance market, particularly for individuals seeking vehicle loans and business leasing solutions. The company also offered a variety of consumer loans and financial products to meet the needs of personal and business clients.

The company’s acquisition by ANZ marked the end of its operations as an independent entity, but the legacy of Esanda’s success continues through its integration into ANZ’s broader financial services portfolio. ANZ now offers a variety of vehicle finance products and business lending solutions under the Esanda brand.

Esanda’s success in Australia was built on its strong product offering, innovation in finance solutions, and customer trust, making it one of the most recognized finance companies in the country before its merger with ANZ.