LOLC Finance wins “Most Innovative” and “Most Trusted” Financial Services Brand of Sri Lanka 2021

LOLC Finance once again authenticated its continuing excellence in the non-banking financial sector by been felicitated with two awards for the “Most Innovative Financial Services Brand, Sri Lanka 2021”and the “Most Trusted Financial Services Brand, Sri Lanka 2021” at the Ninth Edition of the Global Brand Awards 2021. 

LOLC Finance, as the leading financial arm of the LOLC Holdings PLC, is proud and honoured to be recognised as the one and only unmatched non–banking financial institute in Sri Lanka, to triumph on two titles under the global non-banking financial sector awards for the year 2021. 

The organisation has accomplished many momentous milestones over the decades. Even under challenging times the company had performed tremendously well. Consequently, these accolades solidify the organisations reputation, once more, as a trustworthy brand that delivers excellence. 

Global Brands Magazine is one of the world’s largest brand publications and an awarding body in the United Kingdom, well renewed for its unbiased selection of brands across industries. In their latest Banking and Finance Awards conducted, LOLC Finance PLC stood out for its extensive expertise in; innovation, excellence, sustainability, performance and geographical distribution over 139 touch points in providing a robust financial service system in Sri Lanka. They have also recognised the consumer trust placed on the brand in terms of protecting privacy, data security and ethical business practices that offer unprecedented convenience. 

Commenting on winning the awards, LOLC Finance (Director/CEO) Conrad Dias said, “Amidst an adverse global pandemic, we are truly honoured to be the winner of not just one but two grand titles. At this point of business, this recognition is huge as it evidently signifies the consistency and innovativeness of our trusted financial solutions, rooting from the past decades shooting for a splendid future. We will reinforce the reliance and confidence of our esteemed clienteles and the devoted staff members. These two awards will become the hallmarks of excellence in the NBFI sector in Sri Lanka and will upkeep to improve the inclusive economic situation in the country”.

LOLC Finance remains dedicated to bringing its customers one step closer to accomplishing their lifelong ambitions and uplifting their standards of living through a carefully tailored range of financial solutions that includes, Savings and Term Deposit Accounts in Sri Lankan Rupees and Foreign Currency, Inward Worker Remittances, MasterCard Credit Cards, Auto and SME Finance, Working Capital and Alternate Financial Services. 

LOLC Finance was one of the first NBFIs that received the mandate to introduce Foreign Currency Savings accounts and the first NBFI to register for SWIFT transactions in Sri Lanka. In the internet and mobile banking landscape, the company became one of the first NBFIs to connect with the CEFTS. LOLC Finance iPay has now advanced from a mere payment gateway in to a beyond lifestyle payment application offering an exceptional service. LOLC Finance is rated (SL) A (Stable) by ICRA Lanka Ltd., and is licensed by the Monetary Board of the Central Bank of Sri Lanka.