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.
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 |