LOLC Finance Dominates NBFI Sector, Ranks 14th Overall 🏆
• LOLC Finance PLC has been ranked No. 1 in the Non-Banking Financial Services (NBFI) sector by Brand Finance. • It secured the 14th position overall in the prestigious 'Top 100 Most Valuable Brands of Sri Lanka'. • The brand achieved a strong AA+ rating with a brand value of Rs. 11,528 Million (Rs. 11.53 Bn). • The firm showcases strong sector dominance, accounting for: • 20% of total NBFI industry assets. • 25% of industry liabilities. • 36% of total industry profitability. • LOLC Finance is the market leader across multiple segments, including SME Finance, Personal Finance, Islamic Finance, Factoring, and Agricultural Product Financing. • Its digital platform, iPay, handles over 60% of e-wallet transactions, giving the company the largest digital footprint in the local digital banking space. 📈