LOLC Finance PLC has strengthened its nationwide network with the inauguration of a new branch in Angunakolapalassa on 5 March 2026, complemented by the strategic relocation of its Baddegama and Divulapitiya branches on 12 March 2026. 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 Krishan Thilakaratne, Executive Director and CEO of LOLC Finance PLC, 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 optimize its branch network, offering improved infrastructure and enhanced accessibility to serve customers more efficiently.
The Baddegama branch officially reopened on 12 March 2026 at the BMS Building, Baddegama. The ceremony was attended by Mr. Nihal Weerapana, Chief Recovery Officer, and Mr. Charith Jagoda, Head of SME & Personal Finance, alongside company representatives and staff.