Sunday Dec 22, 2024
Sunday Dec 22, 2024
Friday, 6 December 2024 00:08 - - {{hitsCtrl.values.hits}}
Ribbon cutting ceremony of the Jaffna Branch (from left): LOLC Holdings Chief Recovery Officer Chandana Jayanath, Director/CEO Krishan Thilakaratne and Head of Channels Prasanna Karadagolla
LOLC Finance Jaffna Branch at No. 584, Hospital Road, Jaffna
LOLC Finance PLC, Sri Lanka’s premier Non-Banking Financial Institution (NBFI), announced 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 solutions to the vibrant community of Jaffna and its surrounding areas.
From its rich cultural heritage to its growing prominence as an economic hub in the northernmost region of Sri Lanka, Jaffna embodies a harmonious blend of tradition and progress. The relocation of LOLC Finance’s second Jaffna branch too, to its own modern facility, reflects the company’s dedication to empowering businesses, uplifting the community, and driving sustainable development in the region.
The grand opening ceremony, whichwas held on 4 December 2024, was graced by the distinguished presence of LOLC Finance Director/ CEO Krishan Thilakaratne, alongside Chief Operating Officer Montini Warnakula, and Head of Channels Prasanna Karadagolla. The event also witnessed the participation of the LOLC Finance Management team, staff members, customers, and well-wishers, marking a significant milestone for the company in the Northern Province.
Speaking at the inauguration, LOLC Finance Director/CEO Krishan Thilakaratne stated, “We have been a part of Jaffna’s journey for many years, and today, after a decade, we proudly move our Jaffna metro branch into our own location to serve you better. This relocation emphasises our commitment to providing enhanced convenience and accessibility to our valued customers. Jaffna is a region rich in culture and potential, and we are dedicated to empowering its community with financial solutions tailored to their unique needs. This modern facility will strengthen our role as a vital partner in supporting local industries, enhancing trade, and fostering overall growth” LOLC Finance has established a strong presence across the island, with a network of 203 branches spanning all 25 districts of Sri Lanka. Through its extensive reach, the company has bridged financial gaps and provided essential services to urban, suburban, and rural communities alike, with a special focus on underserved regions.
The newly relocated Jaffna branch will continue to offer a comprehensive range of financial services, including flexible savings and deposit accounts, gold loans, corporate loans, capital leasing, alternative financial solutions, and micro-financing. Supported by a (SL) A rating from the Lanka Rating Agency and regulated by the Monetary Board of the Central Bank of Sri Lanka, LOLC Finance ensures the highest standards of service and compliance.
