LOLC relocated their Matara branch to 387/A, Anagarika Dharmapala Mawatha, Pamburana, Matara. The new premises are spacious and have ample parking facilities providing customers greater convenience. LOLC, the pioneer of leasing and factoring in Sri Lanka diversified its product offering to include Savings and Fixed Deposits, Insurance, Stock Brokering, Factoring, Auto Finance, Agriculture and Micro Finance, Pawning and Fleet Management thus transforming itself into a Total Financial Solutions Provider. The company expanded its branch network commencing 1995 taking their tailor – made financial solutions to the customers in the regions marking their presence island wide.
“To fulfil the economic needs of the regions we need to expand our branch network. Matara was identified as a town with much economic activity and we opened our second branch here in 1997. Since then, our operations have grown by manifold and it became necessary to move to a more spacious location to serve the needs of the growing customer base.”says Mr. Kapila Jayawardane, Group Managing Director and CEO of LOLC.
The branch re-location was even more significant, as it is also the 10th anniversary of the LOLC Matara branch. We are looking at providing customers in and around Matara comprehensive Financial Solutions and also expanding our operations to the interior areas around Matara.