Latest News and Updates on Financial Services and Investments

03/11
22

LOLC Finance Keeps Growing In Kandy

LOLC Finance, the largest Non-Banking Financial Institution (NBFI) in Sri Lanka further extended its footprint in Kandy through renewing another iconic location of the group acquired earlier this year as ‘LOLC Finance Kandy - City Branch’. The new branch is situated in an iconic location at the heart of Kandy city, and was declared open on the 03rd of November 2022 at No. 11, Hill Street, Kandy. The grand opening ceremony of the Kandy City Branc...

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28/10
22

LOLC venture into another humanitarian effort through Divi Saviya

Continuing to drive through the LOLC Divi Saviya humanitarian effort, LOLC Holdings commenced another community project focusing to fulfil the nutritional requirements of school studentsthis time, through “Daruwan Wenuwen Api”. The project was conceptualized by Matha Foundation, and was a joint launch with Ministry of Education, Sri-Jayawardenepura Kotte Divisional Secretariat and LOLC Holdings, as the core sponsor. The program offers a series o...

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16/10
22

LOLC General Insurance disrupts industry with first ever Lifestyle Motor Insurance Product ‘Honours’ and leads the way towards Digital Insurance transformation

LOLC General Insurance PLC (LOLC GI), one of the fastest-growing General Insurance companies in Sri Lanka is disrupting the general insurance industry by making motor insurance a lifestyle product with its unique loyalty program ‘Honours’ with rich rewards, in addition to unveiling its first ever Electronic Point-of-Sale (ePOS) - the digital policy issuance network. LOLC GI’s new lifestyle loyalty program ‘Honours’ is crafted with seamless and d...

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10/10
22

LOLC Finance opens a new Chapter in Pudukuduirippu

LOLC Finance PLC, the largest Non-Banking Financial Institution (NBFI) in Sri Lanka has announced the opening of its newest branch recently, at Oddisuddan Road, Pudukuduirippu. The newest branch was established to meet the demands for diverse financial solutions arising from the vibrant communities of the area. LOLC Finance, Pudukuduirippu is geared to offer a superior level of financial services with a wide range of innovative and personalized...

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08/10
22

LOLC FINANCE SIGNUP FOR A REFORESTATION AND ECO SYSTEM RESTORATION PROJECT IN DENIYAYA

Endowed with a diverse range of forest ecosystems, Sri Lanka is inherent of different topographic, climatic, bio diversities found around the country. However, the recent environmental reports signal a rapid increase of deforestation in Sri Lankan forests and a degradation of the entire eco system. The reports further identify that the catalysts of deforestation drives are mostly socio-economic in nature, and varies from land encroachment, develo...

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04/10
22

LOLC GENERAL AND LOLC LIFE ENTERS INTO STRATEGIC PARTNERSHIP WITH CARGILLS BANK

LOLC General Insurance PLC and LOLC Life Assurance Ltd, two of Sri Lanka’s finest and fastest growing insurers, recently entered into a strategic partnership agreement with Cargills Bank, the banking arm of the Cargills Group. The partnership focuses on strengthening both entities portfolio through offering a wider customer base, a range of best-in-class Insurance solutions comprising of protection and investment while helping further with the b...

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14/09
22

LOLC Divi Saviya – Reaches 100 Days Humanitarian Efforts

High inflation, rising commodity prices, power shortages and a fuel crisis has had a crippling effect on the livelihoods of all Sri Lankans. As published by UNICEF, seven out of ten families in Sri Lanka are cutting down their food intake, reducing portion sizes, and eating cheaper but less nutritious food, causing a desperate need for nutrition assistance in the country. 100 days ago, LOLC Holdings was one of the first corporates to understand...