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LOLC FINANCE BECOMES THE FIRST NBFI IN BADALKUMBURA, AND RELOCATES IN HAKMANA
LOLC Finance has further strengthened its footprint with the opening of a new branch in Badalkumbura and the relocation of its Hakmana branch, expanding its network to over 200 branches across the country. This expansion highlights the company’s commitment to making financial services more accessible, particularly in regions with low financial literacy, limited access to formal financial institutions, and a need for structured financial guidance...
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VERDANT CAPITAL DOUBLES DOWN: $13.5M NOW POWERING LOLC AFRICA’S MSME EXPANSION
Verdant Capital invests $4.5M more in LOLC Africa, expanding MSME lending across 10 countries and deepening financial inclusion efforts continent-wide. Verdant Capital has announced that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5 million in LOLC Africa Singapore Limited (“LOLC Africa”). This investment brings the total investment in LOLC Africa to USD 13.5 million. This follows the initial...
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LOLC Technologies Unveils OASYS^ to Revolutionize Business Process Automation
Setting a new benchmark in business process orchestration and automation, LOLC Technologies, a fully owned subsidiary of the LOLC Group, recently launched its revolutionary solution OASYS^ to its partner network through Sanfer Technologies. The launch was marked by a special event themed ‘Redefining Orchestration and Automation,’ attended by business leaders and technology experts. OASYS^ is available through Sanfer Technologies, a fully owned s...
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THE PEOPLE CROWNS LOLC FOR THE NINTH CONSECUTIVE YEAR
LOLC once again emerges as the "People’s Financial Services Brand of the Year", securing the prestigious title bestowed at the SLIM Kantar People’s Choice Awards 2025 for an unparalleled ninth consecutive year. This recognition, conferred through a comprehensive consumer research, reflects the brand’s firm connection with the Sri Lankan people and its consistent leadership in financial services. Unlike many industry awards, the SLIM Kantar Peopl...
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LOLC AL-FALAAH PIONEERS SRI LANKA’S FIRST WAKALAH-BASED FACTORING SOLUTION
LOLC Al-Falaah, Sri Lanka’s leading provider of alternate financial solutions, proudly announces the launch of ‘Al-Falaah Wakalah Future-Cash’, a pioneering Shariah-compliant alternative for Factoring, Invoice & Cheques discounting facility, designed to transform business financing. This ground-breaking financial solution empowers businesses to elevate and realize future cash flows in real-time, while maintaining adherence to ethical financia...
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LOLC LIFE ASSURANCE BECOMES SRI LANKA’S FASTEST GROWING LIFE INSURER OF 2024
LOLC Life Assurance has achieved a record-breaking milestone in 2024, surpassing Rs. 8 Billion Gross Written Premiums (GWP) and achieving the highest growth rate in the industry at 46%. This remarkable achievement reflects the company’s commitment to sustained market growth and strengthened industry presence over the years.This milestone reflects LOLC Life Assurance’s dedication to placing customers at the core of its operations, driving innovati...
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LOLC INSURANCE CLINCHES FIVE ACCOLADES AT EMERGING ASIA INSURANCE AWARDS 2024
LOLC General Insurance Crowned ‘Best General Insurance Company’ LOLC’s Insurance arm has once again demonstrated its industry leadership by securing five prestigious accolades at the 5th Emerging Asia Insurance Awards, held in Bangkok, Thailand. LOLC General Insurance was honoured with the title of ‘Best General Insurance Company’, alongside two additional awards for Best Customer-Oriented Company and Best Risk Management Strategy. Meanwhile, LO...
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