Lanka ORIX Finance opens first forex services unit

In order to offer customers the best of its value added services, Lanka ORIX Finance Ltd. opened its own foreign currency exchange facility.

At a ceremony attended by Ajith Nivard Cabraal, the Governor of Central Bank of Sri Lanka (CBSL), Lanka ORIX Finance Company opened its inaugural money changer facility at its Matara branch on 25 January.

The event was attended by many distinguished guests representing both Central Bank of Sri Lanka and Lanka ORIX Finance Company. This included Assistant Governor of CBSL C.J.P Siriwardena  and Controller of Exchange Osman Chandrawansa accompanying the Governor of CBSL, whilst Deputy Chairman of the LOLC Group Ishara Nanayakkara and the Group Managing Director and CEO of LOLC Kapila Jayawardena attended along with other senior officials representing Lanka ORIX Finance Company.

The new service will be available at the Matara, Kalutara, Kandy, Jaffna, Dambulla, Trincomalee, Vavuniya, Chilaw, Nuwara Eliya, and Ampara branches of Lanka ORIX Finance Company, with many more branches scheduled to offer foreign currency exchange services throughout the country.

A wide spectrum of customers including Sri Lankans as well as foreigners will be able to make use of the new value addition by way of exchanging foreign currency from dedicated foreign exchange facilities of the company located island wide. Skilled staff at these branches will offer specialised services to all customers in this regard.

Commenting on the landmark opening of the new service, Jayawardena said: “It is with great pride that we announce the opening of Lanka ORIX Finance Company’s very own foreign currency exchange facility. We have enhanced our product offering to a greater extent which is intend on providing total financial solutions best suited to meet a diverse and growing range of customer requirements. With the new money exchanger facility, we have provided an opportunity not just for local customers but for a vast number of tourists visiting the country to use a hassle free foreign currency exchange service from our dedicated branches.”

Jayawardena added: “The country has begun its mammoth task of resuscitating economic development, and we have been experiencing a surge in tourist arrivals during the recent past. As a private sector initiative we will extend our products and services to help boost the tourism sector of the country more proactively. Positive developments such as this will have an optimistic impact on the way foreign currency changes hands within Sri Lanka.”

LOLC now in Monaragala

Lanka ORIX Leasing Company PLC (LOLC) opened its 109th branch in Monaragala earlier this week.

Chairperson of the Group Rohini Nanayakkara graced the new branch opening ceremony as Chief Guest.  The new branch is located at No. 100, New Bus Stand, Monaragala.

The fast expanding branch network of the LOLC Group will offer micro and agro financial services, savings and deposits, leasing and hire purchases, pawning services, NRFC and RFC, working capital and factoring, Shari’ah compliant Islamic financial services, insurance, stock brokering and fleet management, among a range of products and services geared towards providing total financial solutions to a growing customer base.

Speaking at the ceremony Nanayakkara said: “LOLC’s strategic footprint has served our company immensely to reach a vast network of customer base throughout the country. LOLC is well established in the hearts of the people; we go to where they are, to provide them with ease of accessibility and a whole range of solutions best suited to fit their financial needs.”