LOLC Finance, one of Sri Lanka’s leading Non-Banking Financial Institution (NBFI), takes immense pride in the successful launch of two new branches, enhancing financial inclusion to Northern communities.
The Northern region of Sri Lanka, thrives on livelihoods primarily revolving around farming, fishing, small businesses and wage labour. Small and medium enterprises (SMEs) are at the heart of this economic landscape, engaged in activities such as wholesale and retail trade, agrochemical distribution, hardware and furniture sales, local product procurement and fish farming.
This strategic expansion signifies a substantial step forward in the company’s mission to promote economic growth in the region through pioneering innovation while enhancing digital access.
The new branches will now provide the local community with a wide array of financial products and services, including lending, savings and deposits, micro-finance, pawning, Islamic finance, digital facilities and many more.
LOLC Finance PLC Chairman Conrad Dias said; “The establishment of these strategic branches in Chavakachcheri and Nannattan represents a significant milestone in LOLC Finance’s commitment to enhancing convenience, accessibility, and to support the Northern communities, especially those engaged in vital economic sectors in the region. LOLC Finance is on a mission to drive digital inclusion in financing, making it accessible to every citizen in Sri Lanka.”
The Chavakachcheri branch, which officially opened its doors on September 6, marked a significant moment for LOLC Finance. The inauguration ceremony was graced by of LOLC Finance Chairman Conrad Dias, Montini Warnakula, Chief Operating Officer of LOLC Finance Prasanna Karadagolla, Head of Channels at LOLC Finance PLC, along with other dignitaries from LOLC and the local community, patrons, and well-wishers. This event celebrated the institution’s dedication to inclusivity and its mission to serve all communities.
LOLC Finance continued its expansion by launching another new branch on Post Office Road, Moddakkadai, Nanattan on September 7. The event saw the participation of the same dignitaries mentioned earlier, joined by members of the local community, loyal patrons, staff and well-wishers.
LOLC Finance extends a warm invitation to residents of Chavakachcheri, Nannttan, and the neighbouring areas to explore their newly established branches and experience the unmatched financial services they offer. For additional information, please visit www.lolcfinance.lk.
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