Home » LOLC Finance expands to Karapitiya, relocates Kalawana branch

LOLC Finance expands to Karapitiya, relocates Kalawana branch

by malinga
April 25, 2024 1:05 am 0 comment

LOLC Finance PLC, a Non-Banking Financial Institution (NBFI) in Sri Lanka, announced the opening of a new branch in Karapitiya and relocation in Kalawana, further solidifying its presence and commitment to serving customers across the nation.

The Karapitiya branch, located at Hirimbura Rd, Karapitiya, Galle and the Kalawana branch, situated at Mathugama Road, Kalawana, exemplify LOLC Finance’s dedication to delivering accessible financial solutions to urban, suburban, and rural communities alike.

The Karapitiya branch commenced operations on April 4, graced by the presence of Conrad Dias, Chairman of LOLC Finance PLC, Montini Warnakula, Chief Operating Officer of LOLC Finance PLC, Prasanna Karadagolla, Head of Channels at LOLC Finance PLC and Nalaka Mohotti, Regional Manager of LOLC Finance PLC.

The event garnered enthusiastic participation of the staff, valued customers and well-wishers from the surrounding neighbourhood.

The relocation of the Kalawana branch to a strategic location on Mathugama Road was celebrated with an inauguration ceremony on March 25, Prasanna Karadagolla, Head of Channels at LOLC Finance PLC and Nalaka Mohotti, Regional Manager of LOLC Finance PLC, graced the event, joined by staff members and well-wishers.

In light of these developments, Conrad Dias, Chairman of LOLC Finance PLC said; “We are delighted to reaffirm the strength of our footprint with the opening of these new locations in Karapitiya and Kalawana.”

“The inauguration of these branches reflects our strategic vision to expand our presence in key locations, ensuring accessibility and convenience for our customers. These expansions emphasize our promise to reaching out to communities with readiness and ease of access across Sri Lanka, empowering them with innovative financial solutions tailored to their needs. Over the years, the company has spearheaded ground-breaking initiatives and solutions, propelling the nation towards a prosperous economy while prioritising financial inclusion and customer-centricity.”

LOLC Finance stands at the forefront, boasting a significant portion of over 25% of the entire customer base within the NBFI sector. Innovations such as the LOLC Real Time online portal and the iPay mobile application have profoundly reshaped the digital banking landscape, introducing new levels of convenience, reliability and security for LOLC Finance customers.

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