The existing Galle branch of Lanka ORIX Finance PLC was recently transformed into a modern, state-of-the-art customer service facility. The new office, occupying the first two floors of the Galle District Chamber of Commerce and Industries building, was ceremonially opened by Chief Guest Mr. Kapila Jayawardena, Group Managing Director & CEO of LOLC. The aim of upgrading this branch was to offer an enhanced service to a growing customer base from the deep southern region. In addition, Lanka ORIX Finance's product and service portfolio has seen a rapid expansion during the recent past, requiring a further upgrade in the branch's operational activities.

Premier Conglomerate LOLC became the triumphant Silver Award winner in the "Overall Winner" category at the recently concluded National Business Excellence Awards 2011, organized by the National Chamber of Commerce of Sri Lanka (NCCSL). Other accolades won by LOLC includes winner in the "Best Capacity Builder", First runner up in the "Extra Large Category", Runner up in the "Diversified Group of Companies Sector", Runner up in the "Excellence in Business and Financial Performance" and Runner up in the "Hospitality Sector" for Eden Hotel Lanka PLC. This is the first time that LOLC, in its 3rd year of participation, has bagged an overall performer accolade.

LOLC Leisure proudly announces the strategic acquisition of Dickwella Resort in the deep south of Sri Lanka, thereby expanding its formidable presence in the country's hospitality industry. Located at the southern-most tip of Sri Lanka, Dickwella Resort is universally acknowledged as having the most stunning location of all beach properties in the island. LOLC Leisure emerged triumphant to purchase 100% for Rs. 1,014 million for the much coveted beach resort, set in such a valued location. LOLC Leisure is owned by LOLC and Browns Investments with a holding of 70% and 30% respectively.

Focusing on the welfare of the people of Kandy and the surrounding areas, LOLC donated much needed medical items to the Nawalapitiya General Hospital recently. Fulfilling a request made by the hospital, LOLC came forward to donate aluminum partitions and aluminum cupboards to store medicine and other medical equipment.

LOLC Micro Credit Ltd. (LOMC), the microfinance company of the LOLC Group, successfully concluded its  "Isuru Diriya Sisu Upahara Scholarship Awards Ceremony” at a gala event yesterday. Mr. Ajith Nivard Cabraal, the Governor of the Central Bank of Sri Lanka attended the ceremony as Chief Guest.

Premier financial services provider Lanka ORIX Finance PLC opened its latest branch in the buzzing city of Dehiwala recently. The new branch is located at No. 85, Galle road, Dehiwala North.

Lanka ORIX Finance PLC recently opened its second branch in Negambo recently. The rising demand for financial services offered by the Company prompted officials to upgrade an existing Ran Savi pawning service centre in the city of Negambo and transform it to a fully-fledged branch. The new branch is located at No. 15, Station Road, Negambo.

Lanka ORIX Finance PLC opened yet another branch last week with a range of financial solutions such as Leasing, Savings and Deposits, Foreign Currency Business, Hire Purchase and others on offer. The new branch is located at Dellawa Road, Neluwa.

Famed star class hotel located on the Golden Mile of Beruwela, Eden Resort & Spa (LOLC Leisure Group Hotel), made history when it created the Signature Cocktail for Sri Lanka Tourism for the Year 2012 at a ceremony held in Mount Lavinia Hotel earlier this month.This event was held during the launch of the "World Spice Food Festival 2011" organized and promoted by Sri Lanka Tourism -the apex body for Travel and Tourism promotion in Sri Lanka.

LOLC continued its positive stride in profit growth recording strong bottom line results as at September 2011 with Rs. 7.5Bn as PBT and Rs. 6.7Bn as PAT. The Profits before tax records a growth of 66% and the resultant profits after tax records a gain of 75% over the previous year.

Reiterating its innovative spirit, LOLC Factors Ltd (LOFAC) introduced yet another new facility called Gold Cheque Financing focusing mainly on supporting the rising Micro and SME sector in the Northern region. This is an efficient means of providing working capital against gold items, providing a feasible option for entrepreneurs who lack property or vehicles as collateral.

Home to traditional fishing and shrimp farming, the historic city of Udappuwa recently welcomed Lanka ORIX Finance's newest branch. Offering a wide variety of financial services in the likes of Savings and Deposits, NRFC & RFC savings, Leasing, Hire Purchases, among other services, the new branch is located at Division No. 05, Udappuwa.

The Central Bank of Sri Lanka (CBSL) has approved the granting of a license to Commercial Leasing Company Limited (CLC) to operate as a Finance Company. This approval will require the holding company Lanka ORIX Leasing Company (LOLC) to divest 10% of its shareholding in compliance with CBSL's mandatory listing rules for Finance Companies. As a result, the company name is expected to be changed to 'Commercial Leasing & Finance Limited' in the near future while retaining the brand as 'CLC'.

Eden Resort & Spa, the 5-star Beach Resort located on the Golden Mile of Beruwela, successfully hosted its 50th foreign wedding ceremony for the year 2011. This being the highest number of foreign weddings held at a hotel located in the area, the 50th foreign wedding ceremony was held in grand style on the 15th of September 2011.

Lanka ORIX Finance Company PLC (LOFC) – the leading total financial solutions provider in Sri Lanka – recently welcomed a new addition to its network of regional branches, when its latest branch was ceremonially opened in Morawaka last week. Mr. Brindley de Zylva, Managing Director/Chief Executive Officer of LOFC and Mr. Ashan Nissanka, Chief Officer Branch Network, graced the occasion as Chief Guests along with several other senior management members. The new branch is located at Arachchigewatta, Weliwa, Morawaka.

Linking cultures of the world through travel, this year's World Tourism Day was observed and celebrated on 27th of September 2011 by various tourism sector establishments throughout the world.

Speed Italia - the authorized distributor of Fiat automobiles re-introduced the Fiat brand to the Sri Lankan automobile market recently. At a ceremony held in Colombo, Speed Italia showcased its latest, fast selling automobiles which have taken the European car market by storm.

Al-Falaah, the Islamic Business Unit (IBU) of Lanka ORIX Finance Company PLC (LOFC) was honoured with a bronze award for their 2009/10 Annual Report at the League of American Communications Professionals (LACP) Vision Awards 2010. The winning Annual Report titled, "Spreading the Wings of Islamic Finance" was honoured with this award in the Diversified Financial Services category for the second consecutive year.

Lanka ORIX Finance Company PLC. (LOFC) added yet another value addition to its services when it entered into the eZ pay network. A promotional campaign introducing this service to staff members of the LOLC Group was held recently. Subsequently, the winners of the promotion were felicitated at a ceremony held at its Head Office earlier this week, where the eZ pay network was officially introduced to its clientele.

The Kurunegala branch of Lanka ORIX Finance Company PLC (LOFC) was relocated to No. 22, Mihindu Mawatha, Kurunegala last week. A ceremony was held in this regard with Mrs. Kalsha Amarasinghe, Executive Director of LOFC gracing the occasion as Chief Guest.

LOLC Securities Ltd., the stock broking company of the LOLC Group, was formally launched at a ceremony held in Colombo last week. The new state-of-the-art office is located at Level 18, West Tower, World Trade Center, Colombo 01.

Lanka ORIX Finance Company Ltd. (LOFC) recently opened its latest branch in the historic city of Panadura. Located at No. 447, Galle Road, Panadura, the new branch will offer a myriad of financial services such as Leasing, Fixed Deposits, Development Finance and Foreign Currency Savings among many others.

At the recently concluded 14th Culinary Art competition organized by the Chefs Guild of Sri Lanka, Eden Resort and Spa won an impressive total of 36 medals, including 07 Gold, 12 Silver and 17 Bronze. In addition, Eden was also placed 7th in the overall ranking amongst 211 hotels and other catering establishments from island wide.

The LOLC Group's Annual Report for 2010/11 titled "The First Full Year Since Peace Broke… A Conglomerate in the Making" bagged the coveted Gold award in the Conglomerates & Holding Companies category at the League of American Communications Professionals (LACP) Vision Awards 2010. In addition, the LOLC annual report was ranked 47th in the top 50 annual reports in the Asia Pacific Region. The Group's Islamic Financial Services Unit, Al-Falaah's annual report titled "Spreading the wings of Islamic Finance" too was awarded the bronze award in the Diversified Financial Services category. This is the second consecutive win for Al-Falaah whose 2009 Annual Report won the bronze award during last year's LACP awards.

Lanka ORIX Information Technology Services Ltd. (LOITS), a subsidiary of the LOLC Group, recertified against the ISO/IEC 27001:2005 certification for its Enterprise Data Centre. LOITS first achieved the ISO/IEC 27001:2005 certification in 2009, and became the first in the banking and financial service sector to have an ISO/IEC 27001:2005 certification. LOITS functions as the primary ICT solutions and services provider of the LOLC group of companies.

Lanka ORIX Finance Co. Ltd. (LOFC) listed on the Colombo Stock Exchange on the Diri Savi Board will commence trading today (7th July). In April this year, Lanka ORIX Leasing Company PLC (LOLC) sold 10% of its 100% holding of LOFC to investors in order to comply with the minimum requirements of the Colombo Stock Exchange to be listed as required by the Central Bank of Sri Lanka (CBSL).

Lanka ORIX Leasing Company PLC (LOLC) will be issuing unsecured listed debentures upto a value of Rs. 1.0 Bn and a further unlisted debenture of Rs. 500 Mn. The managers to the issue will be First Capital Limited, while the trustee will be Bank of Ceylon.

Lanka ORIX Finance Company (LOFC), a member company of the LOLC Group, opened its latest branch in Kilinochchi earlier this week, offering total financial solutions in abundance to the people of this region. The new branch is located at Karadipokku, A9 Kandy Road, Kilinochchi.

Al Falaah, the Islamic Business Unit (IBU) of Lanka ORIX Finance Company Ltd. (LOFC) opened its 4th fully fledged Islamic Financial Services center in Akurana earlier this week. Group Managing Director and CEO of LOLC Mr. Kapila Jayawardena; Managing Director and CEO of LOFC, Mr. Brindley de Zylva; CEO of Al-Falaah Islamic Business Unit Mr. Krishan Thilakaratne; Chief Officer Branch Network Mr. Ashan Nissanka were amongst the distinguished guests gathered at the opening ceremony of this new branch. Customers from this region too participated and engaged in initial transactions.

LOLC Group recorded an impressive pre-tax profit of Rs. 8.3Bn and Rs. 7Bn as post-tax profits for the twelve months up to 31st March 2011. The comparatives for the last financial year were pre-tax profits of Rs. 2.8Bn and Rs. 2.4Bn post tax profits. The growth in the pre-tax profits was a staggering 192% over last year with post-tax profits recording a growth of 194%.

A member company of the LOLC group, Lanka ORIX Finance Company Ltd. (LOFC) opened its newest branch in Kohuwala last week at No. 184, Dutugemunu Street, Kohuwala. The new facility is uniquely designed and is opened 7 days a week from 9.15 am to 7.00 pm in order to cater to the financial requirements of the vibrant business community of this region. The new LOFC branch was ceremonially declared opened by the Group Managing Director of the LOLC group, Mr. Kapila Jayawardena who participated as Chief Guest.

The Industry’s trendsetting financial entity, Lanka ORIX Leasing Company PLC., has brought working capital financial solutions to the people of Jaffna. At a ceremony held at the LOLC Jaffna branch, Mr. Graham Lawrence, CEO of LOLC Factors Ltd, participated as Chief Guest and handed initial transactions to customers.

Celebrating its unprecedented success as the fastest growing Registered Finance Company (RFC) in Sri Lanka, Lanka ORIX Finance Company Ltd. embarked on a new journey today by renewing its identity. The Company’s new logo was unveiled by Mr. Ishara Nanayakkara, Deputy Chairman of the LOLC Group and Mr. Kapila Jayawardena, Group Managing Director/CEO of LOLC at an internal brief held at LOLC Head Office recently.

In a press release, the Group Managing Director/CEO of LOLC, Mr. Kapila Jayawardena revealed that the Group has scheduled six of its subsidiary companies to be realigned shortly in line with both Macro and Micro developments and will be introduced to the market on a planned time scale.

Bringing a visual delight to passersby, the Volkswagen Beetle owner’s club presented its annual Volkswagen beetle rally commemorating the 15th Anniversary Celebrations of the “Pride of Ownership” Drive. This year’s event was held in its 12th year since the Club’s initiation in 1999.

The Factoring/Working Capital Business Unit (WCBU) of Lanka ORIX Leasing Company PLC. (LOLC) has introduced a structured working capital product named “Privilege Cheque Financing”. The new product which provides a flexible, hassle free working capital solution for Corporate clients was launched at LOLC Head Office earlier this week.

According to recent reviews on the Islamic Finance Industry of Sri Lanka, LOLC Al-Falaah, the Islamic Business Unit of Lanka ORIX Finance Company Ltd., has made significant progress in terms of taking Shari’ah compliant Islamic financial services to the masses.

LOLC has continued to show exceptional performance recording outstanding pre-tax profits of Rs. 7.1Bn for the nine months to December. This was a 485% growth over last year, with the financial services sector, trading sector and the other sectors contributing exceptionally well.

In order to assist those driven by the spirit of enterprises to reach greater heights, Lanka ORIX Leasing Company PLC. (LOLC) opened its Hatton branch recently. The new branch will offer a wide range of innovative and personalized financial solutions best suited to fulfill the requirements of customers from this area.  

Highly diversified conglomerate, Lanka ORIX Leasing Company PLC. (LOLC), added two more branches to its fast expanding foot print. The two new branches – 110th and 111th - were opened in Homagama and Pettah on the 27th and 31st of January 2011. LOLC’s Group Managing Director, Mr. Kapila Jayawardena attended the opening ceremonies of the new branches as Chief Guest.

Adding yet another jewel to its crown, Lanka ORIX Leasing Company PLC (LOLC) opened its 109th branch in Monaragala earlier this week. Chairperson of the Group Mrs. Rohini Nanayakkara graced the new branch opening ceremony as Chief Guest.  The new branch is located at No. 100, New Bus Stand, Monaragala. 

IN order to offer customers the best of its value added services, Lanka ORIX Finance Ltd. opened its own foreign currency exchange facility.

LANKA ORIX Finance Company Ltd. - a member of the LOLC Group- and Commercial Bank signed a trailblazer agreement to install Commercial Bank’s ATM at identified branches of the LOLC Group.

Colombo 10th January, 2011 - Reinforcing its status as an innovator in the financial services industry, Lanka ORIX Leasing Company Ltd.

Two cities – one famed for the continuity of the age-old art of rubber tapping and the other............

LOLC badminton team emerge Champions of the Mercantile Inter-firm Badminton Team Championships for the 3rd Consecutive Year............

In a move that reinforces LOLC’s commitment to the welfare and development of the country’s most vital sectors...........

The highly sought-after blue chip bags 04 awards at the National Business Excellence Awards 2010...........

LOLC Micro Credit Ltd. (LOMC) - the Micro Finance Company of the Lanka ORIX Leasing Company PLC. (LOLC),
held its inaugural Isuru Diriya Sisu Upahara Scholarship Awards Ceremony ...........

LOLC group pre-tax profits for the first half of 2010/11 soared to Rs. 4.5Bn with post tax profits of Rs. 3.9Bn.

LOLC partners with FCCISL to host Entrepreneur Awards 2010...........

LOLC's Working Capital Business Unit records an impressive 53% growth...........

LOLC firmly establishes its footprint in Jaffna...........

4th Viyapara Shilpa Workshop Successfully concluded in Kurunegala...........

A Golden Opportunity – LOLC Ran Savi Centres at Kotahena and Grandpass...........

LOLC Micro Credit Opens its 50th Isuru Diriya Centre...........

LOLC’s 4th Viyapara Shilpa workshop to be held in Kurunegala...........

LOLC's Islamic Business Unit – Al Falaah – opens its doors to...........

LOMC's Isuru Diriya lends a helping hand to the children of Divulapitiya...........

LOLC Al-Falaah wins Bronze at the LACP Vision Awards 2009...........

LOLC Expands its operations in Ambalangoda...........

LOLC Lights up with Green Energy...........