LOLC Receives approval from Central Bank of Srilanka to Move to a Holding Company Structure

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LOLC
LOLC

Lanka Orix Leasing Company (LOLC) was granted approvals by Central Bank of Srilanka to operate as the Holding Company of the groups.

The LOLC were successfully acquired/ invest into new sectors other than Finance and leasing in the recent financial year.

The company will be offer its financial leasing functions through the subsidiary of Lanka Orix Finance Company Ltd, which is to be listed shortly, The Commercial Leasing Company Ltd and LOLC Micro Credit Ltd.

This holding company positions is creates a great confident to the investors into the LOLC and their Diversified investment.

Source: http://www.cse.lk/cmt/upload_cse_announcements/6001302176751_.pdf


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