LB Finance Gampola branch relocates to new location

Friday, 13 October 2017 00:00 - - {{hitsCtrl.values.hits}}

LB Finance, Sri Lanka’s pioneer in innovative financial services recently relocated its Gampola branch to a new location in No. 66, Nawalapitiya Road, Gampola on 12 October. This occasion was graced by two executive directors Niroshan Udage, March Perera and senior management staff of LB Finance.

At LB Finance, they ensure customers get the best service in town with their innovative financial solutions and speedy service with the financial facilities such as Leasing, Gold Loans, Mortgage Loans, Factoring, Housing loans, Margin Trading and Investment opportunities such as fixed deposits and savings accounts and many other financial solutions with competitive benefits and returns. Customers can now enjoy hazel free services to facilitate their financial needs.

LB Finance accomplished a stellar performance overall for the year ended March 31, 2017. Profit before tax on financial services grew by 17% reaching Rs. 6.9 billion for the financial year 2016/17, the highest recorded among all the players in the Non-Banking Financial Institutions (NBFI) Sector for the year. Total assets crossed the Rs. 100 billion milestone to reach Rs. 102.8 billion as at March 31, 2017, a growth of 21.6% over the previous year

Established in 1971, LB Finance has become a trusted and a much respected financial company in Sri Lanka. As a finance company close to the hearts of Sri Lankans, LB Finance will continue to offer attractive financial solutions to the citizens. LB Finance PLC’s long term rating of ‘A-(lka)’; Outlook Stable was affirmed by Fitch Ratings Lanka Ltd. during the annual ratings review of NBFI.