LOLC expands reach with LIOC

Group MD/CEO of LOLC Kapila Jayawardena lighting the oil lamp at the opening of LOLC Trincomalee outlet. Deputy Chairman of LOLC Ishara Nanyakkara and Managing Director of LIOC M. Ramakrishnan are also present

LOLC, in its endeavour to effectively address the financial needs of the customers in all regions of the country, has opened five service centres at Lanka IOC Filling Stations. The agreement entered into between LOLC and LIOC allows LOLC the opportunity to set up service centres at the LIOC filling stations. This will enable LOLC to increase its reach to all regions of the country faster and serve the grass root level customers more efficiently, the company said.

So far LOLC has set up centres in the LIOC filling stations in Morawaka, Trincomalee, Pilimatalawa, Aluthgama and Seeduwa.

People in the rural areas will have access to LOLC’s full range of financial services which include Agro and Micro Finance and Pawning, Savings and Fixed Deposits, Insurance, Stock Brokering, Factoring, Auto Finance, and Fleet Management through these service centres.

The company plans to rapidly expand its operations around the country through this arrangement in an effort to help the rural economies to grow. Picture shows Group MD/CEO of LOLC Kapila Jayawardena lighting the oil lamp at the opening of LOLC Trincomalee outlet. Deputy Chairman of LOLC Ishara Nanayakkara and Managing Director of LIOC Mr. M. Ramakrishnan is also present.