Thursday May 14, 2026
Thursday May 14, 2026
Tuesday, 5 May 2026 00:03 - - {{hitsCtrl.values.hits}}
LOLC Finance Executive Director and CEO Krishan Thilakaratne joining the ribbon cutting ceremony of the newly opened Angunakolapalassa Branch
LOLC Chief Operating Officer Montini Warnakula ceremonially handing over the first leasing facility to a customer at the newly relocated Divulapitiya Branch
Chief Recovery Officer Nihal Weerapana (left) and Head – SME and Personal Finance Charith Jagoda at the Baddegama relocation ceremony
LOLC Finance PLC has strengthened its nationwide network with the inauguration of a new branch in Angunakolapalassa on 5 March, complemented by the strategic relocation of its Baddegama and Divulapitiya branches on 12 March. These initiatives highlight the company’s commitment to enhancing customer accessibility, improving service convenience, and delivering inclusive financial solutions across key regional markets.
Situated on Middeniya Road in Angunakolapalassa, the newly inaugurated branch was officially opened at a ceremony attended by LOLC Finance PLC Executive Director and CEO Krishan Thilakaratne 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 optimise its branch network, offering improved infrastructure and enhanced accessibility to serve customers more efficiently.
The Baddegama branch officially reopened on 12 March at the BMS Building, Baddegama. The ceremony was attended by Chief Recovery Officer Nihal Weerapana, and Head – SME and Personal Finance Charith Jagoda 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 LOLC Chief Operating Officer Montini Warnakula in attendance. The enhanced facilities aim to deliver a seamless customer experience, ensuring smooth access to the company’s comprehensive range of financial services.
