LOLC Finance becomes first NBFI in Badalkumbura

Ribbon cutting ceremony at Badalkumbura branch attended by Conrad Dias and Krishan Thilakaratne 

LOLC Finance has further strengthened its footprint with the opening of a new branch in Badalkumbura and the relocation of its Hakmana branch, expanding its network to over 200 branches across the country. 

The opening ceremony was attended by Chairman of LOLC Finance, Conrad Dias, Director/ CEO of LOLC Finance, Krishan Thilakaratne, Chief Operating Officer of LOLC Finance Montini Warnakula, and Head of Channels of LOLC Finance, Prasanna Karandagolla, alongside the Regional Manager, and respective Branch Managers. 

These new branches are strategically positioned in areas with untapped economic potential. Badalkumbura, situated in the Moneragala District, is known for its flourishing cultivation industry, benefiting from ideal climate conditions. However, despite its agricultural strengths, access to financial services has remained scarce, limiting opportunities for local businesses and individuals to effectively manage their finances and expand their ventures. Hakmana, offers a vibrant economic landscape with growing commercial activities. The presence of LOLC Finance in these locations bridges a long-standing gap in financial accessibility, bringing essential financial services and solutions closer to the people who need them most.

Speaking at the opening ceremony, Chairman of LOLC Finance, Conrad Dias, stated, “The opening of these branches is not just about expanding our footprint, it’s about creating real impact in communities that have been historically underserved. In regions where financial knowledge and structured access to financial solutions have been limited, we are stepping in to empower individuals, entrepreneurs, and SMEs with the right tools to manage and grow their finances.