LOLC Al-Falaah, Sri Lanka’s leading provider of alternate financial solutions, proudly announces the launch of ‘Al-Falaah Wakalah Future-Cash’, a pioneering Shariah-compliant alternative for Factoring, Invoice & Cheques discounting facility, designed to transform business financing. This ground-breaking financial solution empowers businesses to elevate and realize future cash flows in real-time, while maintaining adherence to ethical financial…

LOLC Finance restates its commitment to empowering Sri Lankan communities by launching a series of transformative training programs specifically designed for its MSME / Personal Finance customers. Since the introduction of Personal Finance Loans in 2009, LOLC Finance has focused on bridging the gap for groups with limited access to traditional banking services. By offering…

FIRST BRAILLE-ENABLED CREDIT CARD BY LOLC FINANCE LOLC Finance has taken a pioneering step toward financial inclusivity by introducing Sri Lanka’s first Braille-enabled Mastercard credit card. Specifically designed for visually impaired individuals, this innovative card features tactile Braille elements and a distinctive blind notch, enabling ease of use and greater accessibility. By addressing the unique…

Mr. Krishan Thilakaratne, Director/CEO of LOLC Finance, and Mr. Montini Warnakula, Chief Operating Officer, attended the ribbon-cutting ceremony at the Wattegama Branch (left). Mr. Krishan Thilakaratne is also seen performing the first transaction at the opening of the Dankotuwa Branch (right) LOLC Finance PLC, the leading Non-Banking Financial Institution (NBFI) in Sri Lanka, is proud…

Mr. Shiraz Refai – Head of Alternate Financial Services Unit of LOLC Finance and Mr. Shafin Iqbal – Manager of Institutional Marketing at LOLC Al-Falaah LOLC Al-Falaah, the alternate financing unit of LOLC Finance, has once again cemented its legacy as a trailblazer in the Islamic finance landscape by being voted the “Best Islamic Leasing…

LOLC Finance Jaffna Branch at No. 584, Hospital Road, Jaffna LOLC Finance PLC, Sri Lanka’s premier Non-Banking Financial Institution (NBFI), proudly announces the relocation of its Jaffna metro branch to its very own premises at No. 584, Hospital Road, Jaffna. This strategic move reflects the company’s commitment to enhancing accessibility and delivering innovative, customer-focused financial…

Yasantha Samaranayake, AGM – Credit Cards, Consumer & Digital Business at LOLC Finance As the holiday season approaches, LOLC Finance is pleased to unveil its exclusive December credit card promotions, thoughtfully designed to enhance every shopping experience. Running from November 16 to December 31, the seasonal campaign ‘LOLC World of WASI’ transforms every purchase into…

Mr. Shiraz Refai – Head of Alternate Financial Services Unit of LOLC Finance and Nishantha Jayasekara – Head of Gold Loans at LOLC Finance LOLC Al-Falaah, Sri Lanka’s leader in Alternate Financial Services and a trusted household brand with over 15 years of service, has reached an impressive milestone. It has become the first Non-Banking…

Conrad Dias, Chairman – LOLC Finance PLC and Krishan Thilakaratne, Director/Chief Executive Officer – LOLC Finance PLC LOLC Finance PLC has announced outstanding financial results for the six months ending 30th September 2024, marking a strong first half of profitability and growth. The company achieved a Profit After Tax (PAT) of Rs. 8.1 billion, a…

Mrs. Roshani Weerasekara – Head Liability Management of LOLC Finance PLC LOLC Finance PLC continues to dominate Sri Lanka’s Non-Banking Financial Institution (NBFI) sector, boasting a remarkable deposit base exceeding Rs. 200 billion and a robust capital base of Rs. 122.34 billion as of the end of last financial year. Despite the challenging economic environment,…

Left to right: Hikam Hussain – Manager, Channel Marketing Al-Falaah, Alternate Financial Services Unit, Imran Zarook – Senior Manager, Recovery Supervision Al-Falaah, Alternate Financial Services Unit, Shafin Iqbal – Manager, Institutional Marketing Al-Falaah, Alternate Financial Services Unit, Shiraz Refai – Head of Al-Falaah, Alternate Financial Services Unit, Ramshad Mohamed – Chief Manager Al-Falaah, Alternate Financial…

Mr. Shiraz Refai, Head of Alternate Financial Services Unit of LOLC Finance. LOLC Al-Falaah, the largest Alternate Financial Services Provider in the Non-Bank Financial Institutions (NBFI) segment in Sri Lanka, proudly announced its exceptional financial performance for the fiscal year 2023/24. With a total asset base of over Rs. 31.5 Billion and a client base…

MOU Signature Ceremony between LOLC Finance and Biodiversity Sri Lanka In a resolute commitment to environmental stewardship and sustainable corporate practices, LOLC Finance marked World Environment Day and Ocean Day with a series of impactful initiatives aimed at fostering ecological conservation and awareness. World Environment Day holds profound significance for LOLC Finance, underscoring the increasing…

Ribbon cutting ceremony of Wellawatta Branch joined by Mr. Conrad Dias, Chairman of LOLC Finance and Mr. Krishan Thilakaratne, Director/CEO of LOLC Finance PLC LOLC Finance, the leading Non-Banking Financial Institution (NBFI) in Sri Lanka, proudly unveils its latest premises with the relocation of its Wellawatta branch to its very own property at No 501,…