LOFC-N0000 on Colombo Stock Exchange

LOLC Finance

Logo: LOLC Finance PLC, PD, via Wikipedia⁴

Sri Lankan non-banking financial company

LOLC Finance PLC is a non-banking financial company based in Sri Lanka and a subsidiary of LOLC Holdings PLC. Established in 2001, the company has grown to become one of the largest non-banking financial institutions (NBFIs) in the country, offering a wide range of financial services including savings, deposits, loans, and alternate financial solutions. The company is listed on the Colombo Stock Exchange and is ranked among Sri Lanka's leading listed entities in LMD 100.² Its shares trade on Colombo Stock Exchange under the symbol LOFC-N0000.¹ Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2001Founded¹

TickerLOFC-N0000 on Colombo Stock Exchange¹
Industryfinancial services¹
HeadquartersRajagiriya¹
Websitewww.lolcfinance.com
Legal formPB244³
LEI254900Y4F3N6T2JLTN91³
StatusActive³
LEI statusLapsed (not renewed)³
Registered address100/1, 10100 Colombo, Sri Lanka³
Registered withDepartment of Registrar of Companies, PB244³

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The story

LOLC Finance PLC was incorporated in 2001 as LOLC Finance Company Limited and obtained its license from the Central Bank of Sri Lanka shortly thereafter. In 2003, the company was renamed Lanka ORIX Finance Company Limited and commenced operations.

The company launched its Islamic finance window, LOLC Al-Falaah, in 2008. It was listed on the Colombo Stock Exchange on 7 July 2011. Following regulatory reforms introduced by the Central Bank of Sri Lanka in 2014 aimed at consolidating the financial sector, the LOLC Group initiated restructuring measures.

In 2015, the company was rebranded as LOLC Finance PLC. The proposed merger with LOLC Micro Credit Limited was completed in 2018. Subsequent consolidations included the amalgamation of Commercial Leasing & Finance PLC, Sinhaputhra Finance PLC, and LOLC Development Finance PLC, enabling the company to establish itself as the largest NBFI in Sri Lanka.

From Wikipedia’s article on LOLC Finance, shared under CC BY-SA 4.0.⁵

Products and brands

lease

Listed on Wikidata.¹

Operations

LOLC Finance PLC operates as a diversified financial services provider catering to both individual and corporate customers. The company offers services in savings and deposits, leasing, SME financing, personal finance, and alternate financial solutions.

Following its mergers and acquisitions, LOLC Finance PLC expanded its operational capacity and market presence significantly. It was ranked 32nd in the LMD 100 list of leading listed companies in Sri Lanka for 2024/25. According to Brand Finance, the company is among Sri Lanka's most valuable financial services brands and ranked first within its sector in 2025.

Products and Services

LOLC Finance PLC provides a wide range of financial products and services across several categories.

Savings and Deposits

Savings accounts, including general, children's, senior citizen, and specialized accounts.

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Fixed deposits.

Foreign currency accounts for resident and non-residents.

SME and Business Services

Leasing and vehicle financing.

Three-wheel, motorbike, and agricultural equipment financing.

Property loans for residential and commercial purposes.

Green financing solutions.

Loans secured against fixed deposits.

Alternate Financial Services

Through its Islamic finance unit, LOLC Al-Falaah, the company offers Shariah-compliant financial products, including:

Investment products (Mudharabah, Wakalah).

Personal Finance (Tawarruq)

Leasing (Ijarah).

Trade and import financing.

Property and project financing.

Working capital financing.

Personal Financial Services

Housing loans.

Business development loans.

Group loans.

Cards

ATM debit cards.

A range of credit cards under the Mastercard and Visa

Digital Services

LOLC Finance PLC has introduced several digital platforms to enhance customer convenience and promote financial inclusion.

iPay

iPay is a digital platform enabling users to conduct a wide range of transactions, including merchant payments, fund transfers, bill payments, and government payments. The platform has achieved significant adoption, with over one million downloads and a substantial share of Sri Lanka's JustPay transactions.

iPay Business extends these capabilities to SMEs, offering digital payment acceptance, online payment gateways, and business management tools.

LOLC Real Time

LOLC Real Time is a mobile and internet banking platform that allows customers to perform fund transfers via CEFT and SLIPs, pay bills, and manage savings accounts.