LOLC Finance

LOLC Finance PLC

Logo of LOLC Finance
Company type	Public
Traded as	CSE: LOFC.N0000 S&P Sri Lanka 20 Index component
ISIN	LK0392N00007
Industry	Financial services
Founded	December 13, 2001; 22 years ago (2001-12-13)
Headquarters	Rajagiriya , Sri Lanka
Number of locations	219 (2023)
Key people	Conrad Dias (Chairman) Krishan Thilakaratne (Executive Director/CEO)
Revenue	LKR69.027 billion (2023)
Operating income	LKR20.312 billion (2023)
Net income	LKR15.393 billion (2023)
Total assets	LKR360.848 billion (2023)
Total equity	LKR100.808 billion (2023)
Number of employees	4,273 (2023)
Parent	LOLC Ceylon Holdings PLC
Website	www.lolcfinance.com
Footnotes / references [1]

LOLC Finance PLC is a non-banking financial company based in Sri Lanka. LOLC Holdings is the ultimate parent company of LOLC Finance. The company was founded as LOLC Finance Company Limited in 2001. In 2003, the company changed its name to Lanka ORIX Finance Company and commenced operations. Lanka ORIX Finance Company became a public company in 2011 with its listing on the Colombo Stock Exchange. The company adopted its current name in 2015. LOLC Finance is one of the LMD 100 companies in Sri Lanka. The company is also one of the 100 most valuable brands in the country. LOLC Finance has been a constituent of the S&P Sri Lanka 20 Index since the end of 2021. LOLC Finance merged with its sister company, Commercial Leasing & Finance PLC in 2022. The merger resulted in LOLC Finance becoming the largest non-banking financial company in the country.