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LOLC Finance PLC is a non-banking financial company based in Sri Lanka. LOLC Holdings is the ultimate parent company of LOLC Finance. The company was founded as LOLC Finance Company Limited in 2001. In 2003, the company changed its name to Lanka ORIX Finance Company and commenced operations.
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.
After retiring, she helped establish Seylan Bank, and was appointed general manager of the Ministry of Finance's Private Sector Infrastructure Development Company. [6] In 2005, she was appointed a member of the government's Task Force to Rebuild the Nation. [7] She has served as chair of Lanka Orix Leasing Company (LOLC) and Browns Group. [6]
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Nanayakkara pursued his career in financial services and started investing in finance companies such as LOLC. He was also appointed to the Board of Directors of LOLC in 2002. He also served as deputy chairman of Lanka Orix Finance from 2011 to 2018 and was appointed as the chairman of Browns Investments in 2013. [5]
The Lanka Hospitals Corporation: 22,351: 0.63 Health Care Equipment and Services: 1997 [39] Teejay Lanka: 22,147: 0.62 Consumer Durables and Apparel: 2000 [40] Brown and Company: 21,422: 0.60 Capital Goods: 1892 [41] Dilmah Ceylon Tea Company: 20,986: 0.59 Food, Beverage and Tobacco: 1981 [42] Sunshine Holdings: 20,909: 0.59 Food, Beverage and ...
Softlogic Life Insurance was added to the S&P Sri Lanka 20 Index when an ad hoc index rebalancing occurred due to Commercial Leasing and Finance merging with LOLC Finance in March 2022. [11] Softlogic Life is one of the LMD 100 companies in Sri Lanka. The company was ranked 60th in the 2021/22 edition of the list.