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The LOLC Group planned to merge Lanka ORIX Finance Company with the group's microfinance firm, LOLC Micro Credit Limited. [6] The company joined the electronic fund transfer network LankaPay in 2015. [7] Lanka ORIX Finance changed its name to LOLC Finance at the end of 2015. [8] The proposed merger of LOLC Finance and LOLC Micro Credit realised ...
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
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The Bank has been offering both Domestic and International Visa Debit and Credit Card, accessible in all VISA linked ATMs in Nepal and India. It serves through 294 ATMs and over 1,200 POS terminals across the country. Along with this, the Bank offers latest digital banking services such as Mobile, Internet, and Viber Banking and QR payments.
[2] [3] The CEFTS is supporting online real time fund transfers/payments between LankaPay-CEFTS members to enable bank customers to initiate transactions at any given point of time during a day and as well to make payments through ATMs, mobile phones, and internet even during non-banking hours in order to deliver uninterrupted services for the ...
Mega Bank Nepal: 2023 Merged with Nepal Investment Bank and renamed as Nepal Investment Mega Bank [10] Nepal Bangladesh Bank: 2022 Acquired by Nabil Bank [11] Nepal Credit & Commerce Bank 2023 Merged with Kumari Bank [12] Civil Bank 2023 Acquired by Himalayan Bank [13] Sunrise Bank 2023 Merged with Laxmi Bank and renamed as Laxmi Sunrise Bank [14]
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A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services, or withdraw cash, on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world. [2]