LOLC Finance Marks World Thrift Day 2026, Championing a Stronger Saving Culture

Mrs. Roshani Weerasekera, Head of Liability Management, LOLC Finance PLC

Marking World Thrift Day 2026, Sri Lanka’s largest Non-Banking Financial Institution (NBFI), LOLC Finance PLC, reaffirms its commitment to fostering a disciplined savings culture through accessible savings and deposit solutions, competitive returns and convenient digital services that help Sri Lankans plan for a more secure future.

A strong savings habit enables individuals and families to prepare for unexpected expenses, fund their children’s education, plan for retirement and pursue long-term aspirations. By encouraging regular saving across generations, LOLC Finance supports individual financial resilience while contributing to broader economic stability.

LOLC Finance’s savings and deposit portfolio caters to customers at every stage of life. LOLC Smart Champ introduces children to saving through attractive interest rates and tiered gifts that reward good habits. Young savers can also access Study Buddy, an educational app that complements their savings journey with valuable learning content.

For working professionals, the OYES Salary Saver Account combines disciplined saving with financial flexibility. Customers can remit their salaries and access the OYES Advance facility through a smartphone, helping them manage planned expenses and unexpected financial needs. Meanwhile, the Senior Citizens Savings Account caters to customers over 60, offering dedicated benefits and competitive interest rates to support financial independence during retirement.

Customers seeking predictable returns can choose from a range of fixed deposits suited to short and long-term financial goals. The Super Savings Account rewards customers as their balances grow, with interest calculated daily and higher rates linked to increased daily balances. Unlimited deposits and withdrawals, standing order facilities, VISA ATM access - locally and internationally, and fund transfers to other financial institutions offer added flexibility in managing savings.

Supported by an islandwide network of more than 200 branches, these solutions provide customers with options suited to their financial priorities, time horizons and lifestyles.

LOLC Finance is also extending this accessibility through digital innovation. Through iPay, customers can open digital savings accounts and fixed deposits and access loans, including loans against fixed deposits. LOLC Real Time facilitates interbank transfers through CEFT and SLIPS, while SMS alerts keep savings account holders informed of transactions, enabling more convenient day-to-day money management.

Reflecting on the company’s commitment to fostering a savings culture, Mrs. Roshani Weerasekera, Head of Liability Management at LOLC Finance, stated, “Saving is not simply about setting money aside; it is about creating choices, confidence and opportunity for the future. At LOLC Finance, we believe everyone should have the means to build a savings habit suited to their circumstances, from a child’s first savings to a family’s aspirations and a senior citizen’s financial security. Through customer-focused products, competitive returns and digital access, we aim to make saving more accessible and rewarding for Sri Lankans.”

Further reinforcing customer confidence is LOLC Finance’s strong financial performance and leadership across Sri Lanka’s NBFI sector, with the company accounting for 30% of sector profitability, 28% of total sector equity and 20% of sector deposits, and recording a Profit After Tax (PAT) of Rs. 27.41 billion as at 31^st March 2026.

Holding an A+ rating with a Stable Outlook from Lanka Rating Agency (LRA), LOLC Finance continues to demonstrate financial strength and stability. Its position as the country’s largest financier in SME, micro and personal finance, agriculture, Islamic finance and factoring further underscores the strength of its expertise and ability to serve the diverse financial needs of individuals and businesses across the country.

As LOLC Finance marks World Thrift Day 2026, it remains committed to expanding financial inclusion, strengthening customer relationships and delivering innovative savings solutions that respond to the evolving needs of Sri Lankans across generations.