LOLC Finance, a Non-Banking Financial Institution (NBFI) in Sri Lanka, announced the opening of its new LOLC Finance Negombo Metro Branch, located on Colombo Road. This occasion signifies a momentous milestone in the company’s journey, as it steps into its own property in Negombo, demonstrating its resolute pledge to serving this vibrant city and its communities.
For twenty years, LOLC Finance has established itself as a financial leader, operating two branches in prime city locations. The launch of the impressive Negombo Metro Branch further enhances the city’s appeal and economic dynamism, reflecting expansion and strengthened community connections for LOLC Finance.
LOLC Holdings PLC Group Managing Director/CEO Kapila Jayawardena, graced the occasion as the Chief Guest said; “We are pleased to inaugurate the LOLC Finance Negombo Metro Branch, which aligns perfectly with our strategic roadmap to enhance convenience for our valued customers.”
LOLC Finance PLC Chairman Conrad Dias said; “With the Negombo Metro Branch, we are ushering in a fresh era of modern convenience for both our current and future clientele at LOLC. This facility is equipped with state-of-the-art amenities, encapsulating our keenness to providing unparalleled service to our digitally inclined customers.”
“LOLC Finance had its presence in Negombo for over two decades,” Krishan Thilakaratne, Director/CEO of LOLC Finance PLC said. “We have contributed to the progress of Negombo in numerous ways and in numerous sectors. In return, the business community and the large population of customers have placed their confidence on us by selecting LOLC Finance as their financial partner.”
The LOLC Finance Negombo Metro Branch was officially inaugurated on August 10, in the presence of Kapila Jayawardena.
The new branch’s cutting-edge design and technology resonates LOLC Finance’s core values. This expansion harmonizes with LOLC Finance’s role as an economic catalyst, nurturing local businesses and fortifying trading and export sectors. Boasting an impressive industry asset portfolio of 20%, valued at Rs. 354 billion as of July 2023, LOLC Finance is primed for remarkable growth. As industry pioneers, they have introduced innovative initiatives like Foreign Currency Savings accounts and SWIFT transactions in Sri Lanka, alongside the evolution of LOLC Finance iPay into a comprehensive lifestyle payment app.
Maintaining their strong presence across two pivotal locations within Negombo city limits, the Metro branch now operates along the bustling Colombo-Chilaw main road, while the other continues to serve clients from the heart of the town, situated on St. Joseph’s Street.
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