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LOLC launches SWAIREE

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LOLC Finance, Sri Lanka’s largest Non-Banking Financial Institution (NBFI) unveiled ‘SWAIREE’, a Visa Platinum credit card designed exclusively for nation’s Career women to achieve their desires through innovative financial solutions and trusted value additions. Swairee, launched in parallel to the International Women’s Day on the 08th of March 2022, resembles this year’s international theme “Gender equality today for a sustainable tomorrow”.

Remodelling the modern women’s financial freedom, Swairee, launched under the theme of “power to be me”, offers a meaningful way to support and to fast-track the gender equality, while creating an inclusive and a sustainable approach in the economic empowerment of the country.

Shaping the experience to be much more rewarding, Swairee holders are not required to pay an annual fee for card renewals, instead only a lifetime membership fee will be charged. Amongst the many other benefits offered by Swairee, all card holders will be automatically placed on the platinum grade when obtaining the card. Swairee will be a vertical card with a smart reflect, placed in an exclusive packaging and will be delivered to the card members along with a surprise gift.

A significant initiation of Swairee is the ‘Women Empowerment Fund’ launched in parallel to the facility. With every transaction, LOLC will donate an equivalent of 0.1% of the transaction value to a Women’s Empowerment Fund and the contribution will be cited in the monthly credit card statement. The Swairee members will be ranked based on the contribution to the fund and will be rewarded accordingly.

Commenting on the launch, Conrad Dias, Director/CEO of LOLC Finance PLC said “In the present day, women around the world still continue to face inequalities bearing the economic impacts of the pandemic deviously. Swairee, the credit card by LOLC Finance is the element of response offered to overcome the modern day challenges faced by women. Swairee is specifically developed to elevate their financial freedom by allowing them to reach their financial aspirations with much ease”.

The Head of SME & Consumer Business of LOLC Finance, Hasala Thilekaratne added “This card is of a dual significance; Swairee is introduced with gender inclusiveness to the LOLC Finance portfolio while bridging a stable channel to empower women in need. Swairee will also be a stepping stone for a comprehensive women focused financial package in time to come. Henceforth, becoming a LOLC Swairee credit card member means you are not only getting a world class credit card but also access to offers and experiences”.

Also commenting, Ruwini Hettiarachchi, Product Manager of Swairee stated “LOLC Finance was bestowed the honours of being the Most Innovative and Most Trusted Financial Services Brand in Sri Lanka, by the Global Brand Awards recently, which is a true testament of our commitment of introducing products of this nature. Swairee has also introduced a QR-code based Green PIN to card members to set up their own PIN number. For further details, you could visit our website www.lolcfinance.com”

LOLC Finance PLC, the largest Non-Banking Financial institute with the largest Fixed Deposit and Savings Deposit base is rated (SL) A (Stable) by ICRA Lanka Limited and is licensed by the Monetary Board of the Central Bank of Sri Lanka.



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AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024

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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.

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Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness

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Kotaro Katsuki, Ambassador for the Embassy of Japan

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.

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HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024

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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.”

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