LOLC Finance is Sri Lanka’s No. 1 NBFI Brand
View(s):LOLC Finance PLC has been ranked 14th overall, in the prestigious ‘Top 100 Most Valuable Brands of Sri Lanka’ and number one in the Non-Banking Financial Services (NBFI) sector list by Brand Finance.
The brand valuation assessment revealed LOLC Finance achieved a brand rating of AA+, with a strong brand value of Rs. 11,528 million. This honour not only reaffirms LOLC Finance’s position among the nation’s most elite brands but also establishes its undisputed dominance in the Non-Banking Financial Institution sector, securing the top spot with a commanding lead over competitors in the overall rankings, the company said in a media release.
Brand Finance’s annual Sri Lanka Top 100 Most Valuable Brands study is among the country’s most stringent and comprehensive brand valuation assessments, evaluating brands on their financial performance, stability, market recognition, credibility, and consumer trust, while benchmarking them against industry peers and global standards. For LOLC Finance, this recognition is more than a ranking: it is a testament to sustained market leadership, unmatched brand equity, and a proven record of delivering transformative value to customers and communities alike.
Commenting on the achievement, Krishan Thilakaratne, Chief Executive Officer of LOLC Finance, stated, “This recognition is a powerful endorsement of our position as Sri Lanka’s undisputed NBFI leader. LOLC Finance accounts for 20 per cent of total industry assets, 25 per cent of industry liabilities, and 36 per cent of total profitability. Among the 35 players in the NBFI industry, LOLC Finance is the market leader in SME Finance, Personal Finance, Islamic Finance, Factoring, Agricultural Product Financing, and several other market segments in Sri Lanka.”
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