LOLC Finance PLC

LOLC Finance PLC, a non-banking financial institution, provides various financial products and services in Sri Lanka. The company operates through five segments: SME Finance, Personal Finance, Alternate Finance, Gold Loan, and Others. It offers general, super, children’s, and senior citizen savings accounts; OYES salary saver and general fixed deposits accounts; fixed deposit bonds; senior citizens fixed deposits; and personal foreign currency and inward investment accounts. The company also provides SME finance products, such as vehicle loan/leasing, three wheel/motorbike financing, tractor and agri equipment financing, property loan, green finance, and loan against fixed deposit; group, auto, housing, business development, and gold loans; and factoring, leasing, and fleet management services. In addition, it offers trade and import, property/project, and business and working capital financing; term investments; margin trading services; ATM, debit, and credit cards; and online banking services. The company was formerly known as Lanka Orix Finance PLC and changed its name to LOLC Finance PLC in August 2015. The company was incorporated in 2001 and is based in Rajagiriya, Sri Lanka. LOLC Finance PLC operates as a subsidiary of LOLC Ceylon Holdings PLC.