Business
LOLC Finance emerges as the winner of “Most Innovative” and “Most Trusted” Financial Services Brand of Sri Lanka 2021
LOLC Finance once again authenticated its continuing excellence in the non-banking financial sector by being felicitated with two awards for the “Most Innovative Financial Services Brand, Sri Lanka 2021” and the “Most Trusted Financial Services Brand, Sri Lanka 2021” at the Ninth Edition of the Global Brand Awards 2021.
LOLC Finance, as the leading financial arm of the LOLC Holdings PLC, is proud and honoured to be recognized as the one and only unmatched non–banking financial institute in Sri Lanka, to triumph on two titles under the global non-banking financial sector awards for the year 2021.
The organization has accomplished many momentous milestones over the decades. Even under challenging times the company had performed tremendously well. Consequently, these accolades solidify the organizations reputation, once more, as a trustworthy brand that delivers excellence.
Global Brands Magazine is one of the world’s largest brand publications and an awarding body in the United Kingdom, well renewed for its unbiased selection of brands across industries. In their latest Banking & Finance Awards conducted, LOLC Finance PLC stood out for its extensive expertise in innovation, excellence, sustainability, performance and geographical distribution over 139 touchpoints, in providing a robust financial service system in Sri Lanka. They have also recognized the consumer trust placed on the brand in terms of protecting privacy, data security, ethical business practices that offer unprecedented convenience.
Commenting on winning the awards, Conrad Dias (Director/CEO) of LOLC Finance said, “Amidst an adverse global pandemic, we are truly honoured to be the winner of not just one but two grand titles. At this point of business, this recognition is huge, as it evidently signifies the consistency and innovativeness of our trusted financial solutions, rooting from the past decades shooting for a splendid future. We will reinforce the reliance and confidence of our esteemed clienteles and the devoted staff members. These two awards will become the hallmarks of excellence in the NBFI sector in Sri Lanka and will upkeep to improve the inclusive economic situation in the country”
LOLC Finance remains dedicated to bringing its customers one step closer to accomplishing their life long ambitions and uplifting their standards of living through a carefully tailored range of financial solutions that includes, Savings and Term Deposit Accounts in Sri Lankan Rupees and Foreign Currency, Inward Worker Remittances, Mastercard Credit Cards, Auto and SME Finance, Working Capital and Alternate Financial Services.
LOLC Finance was one of the first NBFIs that received the mandate to introduce Foreign Currency Savings accounts and the first NBFI to register for SWIFT transactions in Sri Lanka. In the internet and mobile banking landscape, the company became one of the first NBFIs to connect with the CEFTS. LOLC Finance iPay has now advanced from a mere payment gateway in to a beyond lifestyle payment application offering an exceptional service. LOLC Finance is rated (SL) A (Stable) by ICRA Lanka Limited and is licensed by the Monetary Board of the Central Bank of Sri Lanka.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”