LOLC Placed First In The LMD Hall Of Fame 
Posted 11,November

By Chaveendra Dunuwille

In Local News

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Following a stellar performance, LOLC has been placed first in the LMD’s 100 profitability ranking as part of the 17th Annual Edition of LMD’s most respected. 

The rankings were established through a survey conducted by NielsenIQ, and this year’s rankings followed the methodology revised in 2019. 

LOLC lays claim to being Sri Lanka’s most valuable globally diversified financial group and recorded a colossal LKR 57 billion profit before tax, becoming the first Sri Lankan company to achieve this feat. 

The award was recently presented by the Editor-in-Chief of LMD, Hiran Hewavisenti, to the Managing Director/CEO of LOLC, Kapila Jayawardana.