Sri Lanka · Delayed Price · Currency is LKR LOLC Finance Company Description
LOLC Finance PLC, a non-banking financial institution, provides financial solutions in Sri Lanka.
The company operates through five segments: SME Finance, Personal Finance, Alternate Finance, Gold Loan, and Others.
It offers general, super, children, and senior citizen savings accounts; OYES salary saver and general fixed deposits accounts; fixed deposit bonds; and personal foreign currency and inward investment accounts.
The company also provides SME services, such as vehicle loans and leasing, three wheel and motorbike financing, tractors and agri equipment financing, property loan, green finance, and loans against fixed deposit; personal finance services, including loans for housing, business development, and group loans; ATMs, and debit and credit cards; and alternate financial services comprising term investments, minor savings accounts, investments, trade finance, import finance, property and project finance, business and working capital finance, and gold loans.
In addition, it offers fleet management services and vehicle maintenance; and factoring consisting of working capital solutions, receivable management, online system, and relationship manager.
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 headquartered in Rajagiriya, Sri Lanka. LOLC Finance PLC operates as a subsidiary of LOLC Ceylon Holdings PLC.
| Country | Sri Lanka |
| Founded | 2001 |
| Industry | Personal Credit Institutions |
| Employees | 5,468 |
| 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 |