Matale, located at the historic centre of Sri Lanka, recently welcomed Lanka ORIX Finance PLC (LOFC) when the Company opened its latest branch at No. 73, Kings’ Street. Mrs. Rohini Nanayakkara, Chairperson of the LOLC Group graced the occasion as Chief Guest and declared the new branch open. Mr. Hilmy Careem, Mayor of Matale also attended the ceremony as the Guest of Honour, whilst Mr. Brindley de Zylva, Managing Director/CEO of Lanka ORIX Finance PLC, Mr. Ashan Nissanka, General Manager/Chief Officer Branch Network together with staff members were present.

Over the last two years LOFC serviced its customers in the Matale region through its cash collection centre located at the Matale Post Office which permitted customers to make payment of rentals of lease, loan and hire purchase facilities obtained. Due to the rapidly expanding clientele and increase in demand for financial services in the region, LOFC upgraded this cash collection centre to a fully-fledged branch to meet the demands of its existing and new customers.

Commenting, Mrs. Rohini Nanayakkara said, “Opening of LOFC’s latest branch in Matale is indeed a strategic one and speaks volumes of the rapidly expanding Micro and SME based economy in the central region. The central province has been a significant touch point for LOFC and for the LOLC Group as our first branch was established in Kandy. Since then we have seen positive developments taking place in this region and we took steps to upgrade our existing infrastructure facilities to provide a seamless service to customers.”

Through this new branch, the Company will be providing a comprehensive line up of products and services, ranging from savings to long term investments, loans, auto finance, Islamic financial services, insurance, microfinance and many more.