Singapore retains the mantle of the Ease of Doing Business Index published by the World Bank annually. The Country is also renowned for the lowest corporate tax rates in the world, tax exemptions, and a solid legal framework that simplifies the setting up of a business. Hence, LOLC Group’s investment holding companies have been set up in Singapore.
LOLC International, a subsidiary of LOLC Holdings PLC, operates as an investment holding company.
LOLC Asia is a subsidiary of LOLC Holdings PLC. The entity holds the LOLC Group’s subsidiaries, which are engaged in microfinance operations in Asia (Indonesia, Pakistan, Cambodia, Myanmar, Philippines, and Sri Lanka).
LOLC Global, a subsidiary of LOLC Holdings PLC, operates as an investment holding company.
LOLC Africa Holdings is the parent company of LOLC Mauritius Holdings Limited, which owns the Group’s subsidiaries engaged in the microfinance sector in the African continent.
LOLC Central Asia holds the LOLC Group’s subsidiaries which are engaged in microfinance operations in Central Asia (Tajikistan and Kyrgyzstan).
LOLC Financial Sector Holdings is the parent company of LOLC Central Asia Private Limited, LOLC Africa Holdings, and LOLC Asia Private Limited.