LOLC Finance PLC is a premier non-bank financial institution (NBFI) in Sri Lanka, renowned for its comprehensive range of financial products and services. Established in 2001, LOLC Finance PLC has grown to become a significant player in the financial sector, offering services that cater to diverse customer needs, including personal and business loans, leasing, and microfinance.
History and Evolution
LOLC Finance PLC is a subsidiary of LOLC Holdings PLC, a conglomerate with a diverse portfolio that spans finance, insurance, agriculture, manufacturing, leisure, plantations, renewable energy, and real estate. Initially started as a leasing company, LOLC Finance PLC has expanded its services over the years to become a full-fledged financial services provider.
Mission and Vision
- Mission: To offer innovative and customer-centric financial solutions that empower individuals and businesses to achieve their financial goals.
- Vision: To be the most admired and trusted financial services provider in Sri Lanka, renowned for innovation, customer satisfaction, and financial strength.
Core Values
LOLC Finance PLC operates on a foundation of core values that include integrity, innovation, customer focus, excellence, and teamwork. These values guide the company in delivering superior financial services and maintaining strong relationships with stakeholders.
Services and Products
LOLC Finance PLC offers a wide range of financial products and services tailored to meet the needs of its diverse clientele. These include:
- Leasing: Offering flexible leasing solutions for vehicles, equipment, and machinery.
- Loans: Providing personal loans, business loans, and SME financing.
- Microfinance: Catering to the financial needs of the underserved and unbanked population.
- Savings and Deposits: Offering attractive savings and fixed deposit schemes.
- Digital Financial Services: Embracing technology to offer online banking, mobile banking, and other digital financial services.
Branch Network and Reach
The company boasts an extensive branch network, with over 150 branches spread across Sri Lanka. This wide reach enables LOLC Finance PLC to provide accessible and convenient financial services to a large customer base, including rural and remote areas.
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