Business Times

LOLC Group bullish on the Northeast - opens 3 new branches there

Sri Lanka’s LOLC Group is actively focusing its attention on developing the post-war, northern and eastern regions, the company said last week. Kapila Jayawardena, Group Managing Director/CEO of the LOLC Group said the two regions are on a fast tracked developmental phase towards inclusive growth.
In a media statement, he was of the view that the Central Bank of Sri Lanka has provided the right direction enabling the company to increase its organic business growth in the regions, thereby, increasingly promoting private sector participation in national development initiatives.

“The country’s road map for development is clear. Especially in the North and East context, we have seen accelerated infrastructural and business development initiatives carried out by both the banking and the non-banking sectors,” he added, noting that the group has opened three more Lanka ORIX Finance branches in Nelliady, Chunnakam and Chavakachcheri.

Mr. Jayawardena said, “In expanding our products and services portfolio, we have made necessary arrangements to provide the best of our services for our customers; going that extra mile to understand their specific financial requirements and catering to it.”

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