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...
Know More
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...
Know More
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...
Know More
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...
Know More
22
MS. Nadika Opatha Appointed as Director to the Board of LOLC Life Assurance
As announced by the LOLC Group, Ms. Nadika Opatha has been appointed to the Board of LOLC Life Assurance Ltd as an Executive Director with effect from 01st September 2022. Ms. Opatha, having joined LOLC Insurance in 2012 to setup the Bancassurance and Corporate sales operation within the company as its head, rose to the position of Head of Sales of LOLC Life Assurance company in 2017. She was recognized as the ‘Best National Sales Head’ at SLIM N...
Know More
22
LOLC SAVI rewards students who excelled in grade 5 scholarship examination
LOLC SAVI recently launched an appreciation and a rewarding programme for the children of the SAVI Card holders, who performed exceptionally well at the Grade 5 Scholarship Examination 2021. Under this initiative, children of SAVI card holders who surpassed the respective cut-off marks will be rewarded. SAVI has originated this programme to token both the parents, and students with an appreciation through gratifying them with a gift bundle.SAVI...
Know More
22
LOLC Group, The Multinational Conglomerate, records historic profitability
1st June 2022, Colombo: Fulfilling its ambition of being a multinational, the LOLC Group recorded an upsurge in profits by as much as 46% over the previous year to deliver a Profit before Tax of Rs. 83.8Bn and Profit After Tax of Rs. 77.8Bn for the financial year ended 31st March 2022. The Total Comprehensive Income of the Group reached Rs. 161Bn, which is unparalleled in the history of any Sri Lankan corporate entity. As the most diversified con...
Know More