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LOLC Development Finance PLC engages in the finance business in Sri Lanka. It provides leasing, secured loans, micro finance, and property mortgaged loan services, as well as mobilizes public deposits. The company was formerly known as BRAC Lanka Finance PLC. LOLC Development Finance PLC was incorporated in 1961 and is based in Rajagiriya, Sri Lanka. LOLC Development Finance PLC is a subsidiary of LOLC Holdings PLC. As of January 31, 2023, LOLC Development Finance PLC operates as a subsidiary of LOLC Finance PLC.
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