LOLC Finance PLC (COSE: LOFC.N0000)
Sri Lanka flag Sri Lanka · Delayed Price · Currency is LKR
5.00
-0.10 (-1.96%)
At close: Sep 9, 2024

LOLC Finance Company Description

LOLC Finance PLC, a non-banking financial institution, provides various financial products and services in Sri Lanka.

The company operates through Conventional Financial Services, Islamic Financial Services, and Factoring segments.

It offers savings accounts, fixed deposits, fixed deposit bonds, senior citizens savings accounts and fixed deposits, and children’s savings accounts.

The company also provides SME finance products, such as auto, vehicle, corporate, sundry, mortgage, gold, and flex loans; speed draft; capital leasing; and micro loans and leases.

In addition, it offers working capital products comprising short term loans, purchase order facility, and margin trading; and alternative financing, such as trade, import, property/project, business and working capital financing services.

Further, the company offers resident and non-resident foreign currency accounts; and ATM, and debit and credit cards.

The company was formerly known as Lanka Orix Finance PLC and changed its name to LOLC Finance PLC in August 2015.

The company was incorporated in 2001 and is based in Rajagiriya, Sri Lanka. LOLC Finance PLC operates as a subsidiary of LOLC Asia Private Limited.

LOLC Finance PLC
Country Sri Lanka
Founded 2001
Industry Personal Credit Institutions
Employees 5,058
CEO Don Manuwelge Don Thilakaratne

Contact Details

Address:
No.100/1, Sri Jayewardenepura Mawatha
Rajagiriya
Sri Lanka
Phone 94 11 571 5555
Website lolcfinance.com

Stock Details

Ticker Symbol LOFC.N0000
Exchange Colombo Stock Exchange
Fiscal Year April - March
Reporting Currency LKR
SIC Code 6141

Key Executives

Name Position
Don Manuwelge Don Thilakaratne Chief Executive Officer
Buddhika Weeratunga Chief Financial Officer
Montini Warnakula Chief Operating Officer