LB Finance awarded ISO 9001:2008 certification

The cutting-edge management system of financial powerhouse LB Finance has been recognised with the issuance of the coveted ISO 9001:2008 certification.

The internationally-recognised certification is bestowed to companies that have implemented quality management systems which meet or exceed the standards recognised by the International Standards Organisation, and is yet another feather in the LB cap.

A frontrunner of the Sri Lankan financial sphere, LB Finance was awarded the highly sought-after certification by the global leader and innovator in inspection, verification, testing and certification services, SGS UK Ltd., on 29 June. A conference was held to commemorate the occasion during which Paul House, Managing Director Asia Pacific, of SGS UK presented the ISO Certification to the Managing Director of LB Finance, Sumith Adhihetty.

The ISO 9001:2008 Quality Management Systems certification applies to processes that create and control the products and services an organisation supplies, as well as prescribing the systematic control of activities which ensure that the needs and demands of customers have been accurately met. The certification is a further confirmation of the top-notch level of the financial packages offered by LB Finance, as was noted by House.

“It is admirable that LB Finance has achieved this certification,” stated Mr. House, lauding the efforts of the LB team. “ISO 9001:2008 enables organisations to continuously improve their systems and processes, helping them better integrate with the realities of a changing world whilst enhancing their corporate culture as well as their bottom line through constant improvement based on internationally-recognised quality management principles.”

“This is yet another significant milestone for LB Finance,” affirmed Adhihetty. “Being awarded this prestigious standard is not only a testament to the stronghold the company has in the Sri Lankan financial market but also to our commitment to continually emphasise on the quality of the products and services we offer our loyal customers.”

He went on to elaborate that recognition by an accredited certification body such as SGS UK truly validates the resilient and transparent quality management system in place at LB as being one that is able to meet the demands of a rigorous external audit.

Celebrating 40 years in the industry this year, LB Finance has earned profound respectability for being a trendsetter in the Sri Lankan financial sphere, owing to their remarkable track-record and knack of making the right moves at the right times. The financial veteran has successfully ridden out of every period of economic turmoil the country has experienced over the last 4 decades and continues to thrive on the cutting edge of finance.

LB Finance operates through a highly-integrated network of branches offering cutting-edge solutions through services such as fixed deposits, leasing, hire purchase, microfinance, inland money transfer, gold loans, factoring, margin trading and other credit facilities.