LB Finance expands locally and Internationally | Sunday Observer

LB Finance expands locally and Internationally

17 June, 2018
The opening of the Gold Loan VIP Centre at the LB Finance City Office in Colombo 3.
The opening of the Gold Loan VIP Centre at the LB Finance City Office in Colombo 3.

LB Finance recently opened new branches both locally and internationally. After setting up the Myanmar Head Office in the Pyay township of Bago Region in December 2017, LB Microfinance Myanmar expands to the township of Paukkhaung by establishing its second branch.

Country Manager Rajika Liyanage, Manager - HR and Admin, Ms. Soe Lai Yi Moe, Manager, Operations, U Ye Naing Aye, OIC - Finance, Isuru Dushan and the staff members of LBM Myanmar were also present.

Meanwhile, locally a LB Finance branch and a service centre was relocated to provide better and convenient service for the customers. The newly relocated centre is the LB Finance Ratmalana Centre (new location at Kaldemulla Road, Moratuwa) while the Katugastota Branch was relocated at Madawela Road, Katugastota.

A Gold Loan VIP Center was opened at the LB Finance City Office in Colombo 3. The City office VIP Centre and the Ratmalana Centre were opened by Deputy General Manager Ainsley Motha while the Katugastota branch was opened by Gayan Ayuwardena and Sudeep Perera along with the presence of Senior Management, staff of LB Finance and the community of the area both business and retail.

The public in these areas can now experience the wide range of benefits offered by LB Finance,with a history of around 47 years.

The financial facilities range from leasing, gold loans, mortgage loans, factoring, housing loans, educational loans, margin trading and investment opportunities such as fixed deposits and savings accounts with competitive benefits and returns. Customers can enjoy hassle-free services to facilitate their financial needs from the new and upgraded units.

Set up in 1971, LB Finance PLC’s long term rating of ‘A-(lka)’; Outlook Stable was affirmed by Fitch Ratings Lanka Ltd during the annual ratings review of NBFI. 

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