Ribbon cutting ceremony of Wellawatta Branch joined by Mr. Conrad Dias, Chairman of LOLC Finance and Mr. Krishan Thilakaratne, Director/CEO of LOLC Finance PLC

LOLC Finance, the leading Non-Banking Financial Institution (NBFI) in Sri Lanka, proudly unveils its latest premises with the relocation of its Wellawatta branch to its very own property at No 501, Galle Road. The new LOLC Finance branch stands as a key landmark in its enduring journey within the locale. This relocation signifies another stride in LOLC Finance’s mission to provide seamless financial solutions tailored to the needs of its diverse clientele, reinforcing its strong community ties.

Inauguration of the LOLC Finance Wellawatta branch marks a significant advancement in their strategic roadmap aimed at improving convenience for their esteemed customers. The rich cultural diversity and historical importance of Wellawatta have profoundly influenced LOLC Finance’s journey of growth over the decades. From its colonial heritage to its status as a bustling commercial hub, Wellawatta boasts a fusion of upscale residences and industrial sectors. LOLC Finance Wellawatta branch play a crucial role in supporting these vital industries, thereby contributing to the city’s economic vitality.

The grand opening ceremony was held on May 2nd, 2024, with the presence of Mr. Conrad Dias, Chairman of LOLC Finance PLC and Mr. Krishan Thilakaratne, Director/CEO of LOLC Finance PLC, together with the LOLC management team, key officials, staff members, esteemed customers and well-wishers.

The state-of-the-art design and technology of the new branch reflect LOLC Finance’s core values, aligning with its role as an economic catalyst that supports local businesses and strengthens trading and export sectors. With an industry asset portfolio valued at Rs. 373 Billion as of December 2023, LOLC Finance is poised for significant growth. Renowned for pioneering initiatives like Foreign Currency Savings accounts, SWIFT transactions, and iPay the lifestyle payment app, the company continues to set industry benchmarks.

LOLC Finance is poised for remarkable growth and success. As a trusted financial partner licensed by the Monetary Board of the Central Bank of Sri Lanka and endorsed by a (SL) A (Stable) rating from LRA (Lanka Rating Agency), LOLC Finance remains at the forefront of innovation and excellence in the financial services industry. The relocation of the LOLC Finance Wellawatta Branch reflects the company’s enduring dedication to serving its customers and communities, solidifying its position as a catalyst for economic growth and prosperity in Sri Lanka.