š LOLC Finance Expands Regional Footprint with New and Relocated Branches
LOLC Finance PLC has further strengthened its islandwide presence by expanding its network to over 200 branches, aiming to enhance financial inclusion and support regional economic development. ⢠Branch Network Expansion: Inaugurated a new branch in Gelioya (No. 67/1, Karamada) on May 21, 2026, to serve growing commercial activities and provide financial services to individuals, entrepreneurs, and SMEs. ⢠Service Optimization: Relocated its Galenbidunuwewa branch to Seeppukulama Road on May 22, 2026, to offer improved accessibility and customer convenience for businesses and residents in the region. ⢠Strategic Focus: The expansions leverage one of the strongest fixed deposit bases in the banking & financial services sector, focusing on delivering customer-centric solutions like gold loans and alternate financial services to boost employment and entrepreneurial growth.