June 22, 2026

LOLC Finance Strengthens Nationwide Network with New Angunakolapalassa Branch and Strategic Relocations

LOLC Finance PLC has strengthened its nationwide network with the inauguration of a new branch in Angunakolapalassa on 5 March 2026, complemented by the strategic relocation of its Baddegama and Divulapitiya branches on 12 March 2026. These initiatives highlight the company’s commitment to enhancing customer accessibility, improving service…

Situated on Middeniya Road in Angunakolapalassa, the newly inaugurated branch was officially opened at a ceremony attended by Mr. Krishan Thilakaratne, Executive Director and CEO of LOLC Finance PLC, along with the company’s management team.

The new branch marks a significant progression in LOLC Finance PLC’s expansion strategy, extending its reach into emerging economic regions. Located in an area with growing commercial and agricultural activity, the branch will provide structured financial solutions to individuals, entrepreneurs, and small and medium-scale enterprises (SMEs), catering to their evolving financial needs

Simultaneously, the relocation of the Baddegama and Divulapitiya branches reflects the company’s ongoing efforts to optimize its branch network, offering improved infrastructure and enhanced accessibility to serve customers more efficiently.

The Baddegama branch officially reopened on 12 March 2026 at the BMS Building, Baddegama. The ceremony was attended by Mr. Nihal Weerapana, Chief Recovery Officer, and Mr. Charith Jagoda, Head of SME & Personal Finance, alongside company representatives and staff. The upgraded premises are designed to provide customers with a more convenient and accessible environment, supporting the area’s growing economic activity.

The Divulapitiya branch reopened on the same day at No. 67, Minuwangoda Road, Divulapitiya, with Mr. Montini Warnakula, Chief Operating Officer of LOLC Finance PLC, in attendance. The enhanced facilities aim to deliver a seamless customer experience, ensuring smooth access to the company’s comprehensive range of financial services.

With a rapidly growing network of over 200 branches across the island, LOLC Finance PLC continues to play a pivotal role in promoting financial inclusion throughout Sri Lanka. The company’s strategic initiatives are not only supporting economic growth but also attracting investor confidence in the country’s corporate sector, signaling a positive outlook for the nation’s financial landscape. Rated (SL) A+ (Stable) by the Lanka Rating Agency, LOLC Finance PLC operates under the license of the Monetary Board of the Central Bank of Sri Lanka.

Mr. Krishan Thilakaratne, Executive Director/CEO of LOLC Finance PLC, joining the ribbon cutting ceremony of the newly opened Angunakolapalassa branch.

Mr. Montini Warnakula, Chief Operating Officer of LOLC Finance PLC, ceremonially handing over the first leasing facility to a customer at the newly relocated Divulapitiya Branch.