LOFC’s footprint extended to Panadura

Wednesday, 10 August 2011 00:55 - - {{hitsCtrl.values.hits}}

Lanka ORIX Finance Company Ltd. (LOFC) recently opened its latest branch in the historic city of Panadura. Located at No. 447, Galle Road, Panadura, the new branch will offer a myriad of financial services such as Leasing, Fixed Deposits, Development Finance and Foreign Currency Savings among many others.

“Home to the ‘Panadura Vaadaya’ or the ‘Great Panadura Debate’, this city is a symbol of revival and resurgence. In this backdrop, LOFC has etched its footprint with the hopes of reviving the spirit of entrepreneurship in the hearts and minds of its people.” said Kapila Jayawardena, Managing Director/CEO of LOLC.

Adding further, he was of the view that in the coming few years, the regional economies will play a key contributory role in directing the country’s economy to reach exponential growth. “We have the required infrastructure development taking place; we have the markets; we have ample growth opportunities within our reach; what we need now is to help the rising SMEs and the regional entrepreneurs to take hold of these opportunities and turn them into success stories. In this regard, I am proud that LOFC has become a preferred financial catalyst to many of these entrepreneurs. Our wide branch network is strategically positioned in the regions to provide them with accessibility to tailor-made financial solutions,” Jayawardena concluded.

LOFC is a Registered Finance Company (RFC) rated A-(lka) by Fitch Ratings Lanka Ltd., and is a member of the LOLC Group. LOFC is also the only non-bank financial institution permitted by the Central Bank of Sri Lanka (CBSL) to engage in foreign currency business.