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Gal Oya Plantations - A Role-Model for Profitable Public-Private Partnerships
At a time when enhancing profitability of public enterprises is an urgent need to boost the national economy of Sri Lanka, the revival and turnaround of Gal Oya Plantations (formerly known as Hingurana Sugar factory) by LOLC is an embodiment of how the nation’s assets can be enhanced through professionalism and expertise by the private sector. Underperforming state enterprises are a drain on state coffers as has been seen only once too often. How...
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22
LOLC Finance reintroduce its latest branch in Kiribathgoda
LOLC Finance PLC, the largest Non-Banking Financial Institution (NBFI) in Sri Lanka, aligned another branch of their network under the LOLC Finance umbrella, which was renamed as ‘LOLC Finance Kandy Road Branch’, whilst the existing LOLC Finance Branch operating down Makola Road has been renamed as ‘LOLC Finance City Branch’. The relocated branch was officially declared open by Mr. Conrad Dias, Chairman of LOLC Finance PLC together with Mr. Kris...
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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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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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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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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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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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