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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.
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 ...
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LOLC Holdings provided the corporate guarantee for the issue and National Development Bank was the manager of the issue. [8] ICRA Lanka adjudged the issue as an A Credit Enhancement rating with a stable outlook. [9] The company was awarded the silver award in the trading companies category at the 54th Annual Report Awards in 2018.
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (July 2018) (Learn how and when to remove this message) This is a list of banks in Asia (alphabetically) Afghanistan For a more comprehensive list, see List of banks in Afghanistan. Central Bank Da Afghanistan Bank ...
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The private sector accounts for 85% of the economy. [2] India is Sri Lanka's largest trading partner. [3] Economic disparities exist between the provinces, with the Western province contributing 45.1% of the GDP and the Southern province and the Central province contributing 10.7% and 10%, respectively. [4]
Sierra Cables Limited was incorporated in 1999 and was a wholly owned subsidiary of Sierra Construction Ltd. Sierra Cables acquired Alucop Cables, established in 1978, and the factory relocated to Kaduwela. [2] Alucop Cables started manufacturing enameled wires in 1995 but was unable to compete with the market leader, Kelani Cables.