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LOLC FINANCE UNVEILS 'ZERO WASTE TO LANDFILL' ROADMAP ON WORLD ENVIRONMENTDAY
LOLC Finance celebrated World Environment Day on 05th of June 2025 at its office premises located in Bambalapitiya, uniting representatives from 22 regional branches in a concerted effort to confront the growing threat of plastic pollution. Anchored to this year’s global theme, “Ending Plastic Pollution,” the event served as a platform for LOLC Finance to reinforce its internal sustainability mandate, with an ambitious goal to achieve “Zero Waste...
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LOLC AL-FALAAH WADI’AH GOLD STORAGE FACILITY HITS RS. 3 BN MILESTONE
LOLC Al-Falaah, the Alternate Financial Services unit of LOLC Finance PLC, became the first Non-Banking Financial Institution (NBFI) in the country to launch the ‘Wadi’ah Gold Storage Facility’, offering alternative features to address conventional gold loan offerings. Driven by consistent and progressive growth, Wadi’ah has achieved a remarkable milestone by surpassing a benevolent cash-advance portfolio exceeding Rs. 3 billion. This momentous a...
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TEA INDUSTRY'S TOP GLOBAL PRODUCER CALLS FOR CAUTION ON OVER-PRODUCTION
Browns Group has firmly established itself in the global tea industry, emerging as the largest producer of tea worldwide. Through bold strategies, international expansion and forward-thinking management, the group continues to thrive in a traditionally volatile sector. Today, Browns Plantations produces approximately 100 million kg of tea annually with around 17 million kg in Sri Lanka and 85 million kg overseas across Kenya, Tanzania, Rwanda, a...
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LOLC GROUP REPORTS RS. 41 BILLION PROFIT AND SURPASSES RS. 2 TRILLION IN TOTAL ASSETS, DRIVEN BY GLOBAL GROWTH MOMENTUM
LOLC Group has reported a profit after tax of Rs. 41 billion for the financial year 2024/25, reflecting an 89% increase over the previous year, supported by an operating profit of Rs. 48 billion. The robust performance was fueled by steady expansion in financial services, a series of strategic international acquisitions, and improving economic conditions in Sri Lanka. Now operating in over 25 countries, LOLC continues to solidify its status as S...
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LOLC FINANCE DELIVERS ITS HIGHEST PAT OF RS. 25 BILLION
• Loan portfolio surpassed Rs. 305 billion. • Deposit base exceeded Rs. 225 billion. • Net NPL stood at 4.97% LOLC Finance PLC set a new benchmark in the NBFI sector by reporting an outstanding Profit After Tax (PAT) of Rs. 25 billion for the financial year ending 31st March 2025. This marks an impressive increase from Rs. 21.5 billion recorded during the previous financial year, delivering double-digit profit growth. Surpassing a historic mi...
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LOLC General Insurance Joins Hands with Cyril Dharmawardana Foundation to Support Cancer Patients in Sri Lanka
LOLC General Insurance has partnered with the Cyril Dharmawardana Foundation (CDF Charity) to extend vital support to cancer patients in Sri Lanka. As part of this initiative, LOLC General Insurance will provide complimentary motor insurance coverage for the ambulance fleet operated by CDF Charity, ensuring that terminally ill patients are safely and freely transported between hospitals and their homes. Cyril Dharmawardana Foundation (CDF Charit...
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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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