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Krishan Thilakaratne – Executive Director/Chief Executive Officer-LOLC Finance PLC LOLC Finance PLC unlocked a new chapter in its business during the financial year 2021/22. The company amalgamated with its sister company, Commercial Leasing & Finance PLC (CLC) under the Non-Banking financial sector consolidation plan announced…

Mr. Shiraz Refai -Deputy General Manager, Alternate Financial Services, LOLC Finance PLC LOLC Al-Falaah, Sri Lanka’s most awarded Alternate Financial Services brand celebrates its 15th year anniversary in April 2022. This milestone marks a period during which LOLC Al-Falaah revolutionised Sri Lanka’s non-interest based financial…

Conrad Dias, Director/CEO of LOLC Finance and Mr. Charitha Jayasinghe, Head of iPay receiving the awards Sri Lanka’s premier Non-Banking Financial Institution (NBFI), LOLC Finance PLC which is renowned for offering cutting-edge digital financing solutions, proved its expertise yet again in the digital financing sphere,…

Sri Lanka’s most preferred and most trusted financial services provider LOLC Finance PLC continues to sustain its committed support to expand the adoption of digital payments in the country through iPay. iPay, powered by LOLC Finance has advanced from a mere payment gateway in to…

The Next 100 Global Companies to watch, highlights some of the most exciting, innovative, and promising businesses from around the world. At the 2021 Next 100 Global Awards, LOLC Finance was named the Finance Company for Credit Cards. The Next 100 Global Companies list recognizes…

The ongoing global outbreak of COVID-19 has impacted the world in an unprecedented manner. It has changed the way we work, live and do business, overall. The pandemic has brought about many unforeseen challenges to all businesses from small, mid-sized to large scale enterprises. Having…

LOLC Al-Falaah has yet again secured 3 top awards at the recently concluded 10th SLIBFI (Sri Lanka Islamic Banking & Finance Institutions) Awards 2020/21. The entity bagged the Gold Award for the Leasing Company of the year for the 2nd consecutive year and also the…

iPay appointed the official LANKA QR acquiring partner of PickMe at the LANKAQR Nationwide Rollout Campaign. (From L to R): Director – Payments and Settlements Department of CBSL, Dharmasri Kumaratunge, the Governor of CBSL, Ajith Nivard Cabraal, Namal Rajapaksa, Minister of Youth and Sports, Conrad…

iPay, a unique payment aggregator introduced by LOLC – Sri Lanka’s most valuable and globally diversified financial conglomerate has become the first entity in Sri Lanka to sign up for the Digital First program, launched by Mastercard. The Digital First program was initiated to facilitate…

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC – Sri Lanka’s largest non-banking Financial Institution (NBFI) unveiled yet another pioneering savings product with a host of features and benefits to suit the needs of its diverse clientele. Mudharabah Super Saver account (MSS),…

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC, Sri Lanka’s largest Non-Banking Financial Institution (NBFI), took home 3 accolades at the recently concluded 5th Islamic Finance Forum South Asia (IFFSA) Awards 2019/20. LOLC Al-Falaah emerged as the ‘Leasing Company of the Year’…

Sri Lanka’s most awarded and trusted Alternate Financial services brand, LOLC Al-Falaah recently unveiled their ground-breaking new product – the Wadi’ah Gold Loan Facility. This is the 1st time a Finance company in Sri Lanka is offering this facility. Al-Falaah Wadi’ah is a unique gold…

Sri Lanka’s leading diversified financial conglomerate retained its undisputed top position by securing three top accolades during 2019/20. LOLC secured the top spot in the LMD 100 ranking as the ‘Most Profitable Listed Company’ by recording a profit after tax of Rs. 19.8 billion. Further,…

Sri Lanka’s leading financial conglomerate, LOLC was voted best by the people for the 5th consecutive year when it was crowned as the “Financial Service Provider of the Year” at the SLIM-Nielsen Peoples Awards 2021. The glamourous awards ceremony took place recently at the BMICH….