LB Finance PLC marks its 55th anniversary this year, commemorating five and a half decades of growth and service across Sri Lanka. Over the years, the Company has supported the MSME sector, empowered women entrepreneurs, and contributed to the development of businesses and working communities across a broad section of society, while earning the trust of generations of investors.
LB Finance offers a diversified portfolio of financial solutions, including auto leasing and financing, gold loans, housing loans, education loans, personal loans, factoring and working capital loans, agriculture equipment financing, savings and fixed deposits. The Company has also strengthened its focus on the MSME sector through LB Sanmitha, a collateral-free financial solution designed to support the financial and working capital needs of small and medium-sized businesses.
LB Finance is recognised as the largest taxpayer in Sri Lanka’s NBFI sector, highlighting its contribution to national revenue generation and economic development. The Company’s low cost-to-income ratio reflects its operational efficiency, while its extensive branch network and workforce of more than 5,000 employees demonstrate its strong nationwide presence. This reflects the Company’s significant reach beyond Colombo and its substantial contribution to employment generation across the country. By the end of June 2026, the Group’s total assets stood at more than Rs 450 billion, reflecting the Company’s continued growth and strengthening financial position.
Embracing digital transformation has been an important part of LB Finance’s evolution, with LB CIM emerging as a key platform in this journey. The platform also introduced innovations including a virtual debit card, Tap-to-Pay and AI-powered digital lending. At the LankaPay Technnovation Awards 2026, LB Finance won the coveted Most Popular Digital Payment Solution award, along with several other awards recognising its excellence in digital payments, financial inclusion and customer convenience. Moreover, LB Finance was recognised at the National AI Awards 2026, winning the Silver Award for Best AI Solution in Banking, Finance & Insurance for its AI-Powered Personal Loan, reflecting the Company’s continued commitment to digital innovation and delivering convenient, accessible financial solutions.
As LB Finance grew, its journey also extended beyond Sri Lanka. In 2017, the Company made its first overseas expansion into Myanmar through LB Microfinance Myanmar, which currently operates 20 branches. Furthermore, LB Finance will be establishing its second overseas operations in the Philippines in 2026, marking another step in the Company’s Southeast Asian growth journey.
The acquisition of Multi Finance PLC was undertaken under the Central Bank of Sri Lanka’s Financial Sector Consolidation Programme, contributing to the consolidation and strengthening of the financial services sector. The strategic acquisition of Associated Motor Finance Company PLC (AMF), meanwhile, further strengthened LB Finance’s presence in motorbike leasing .
LB Finance’s position is supported by strong governance, compliance and financial discipline. The Company holds an A-(lka) National Long-Term Rating with a Stable Outlook from Fitch Ratings and an A+ credit rating with a Stable Outlook from Lanka Rating Agency (LRA).
LB Finance has been recognised for excellence in corporate reporting at the TAGS Annual Report Awards organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). At the 60th TAGS Annual Report Awards in 2026, the Company secured the Gold Award in the Finance and Leasing Sector for the eighth time, reflecting its continued commitment to excellence in corporate reporting, transparency and accountability.
LB Finance has also earned the confidence of European-based development finance institutions and impact investors, securing foreign funding from Norfund, Swedfund, BlueOrchard Finance, Enabling Qapital and responsAbility Investments AG. These partnerships have supported lending activities, particularly in the MSME sector, while strengthening access to long-term funding.
LB Finance supports communities through CSR initiatives focused on environmental sustainability, education, health and livelihoods, including environmental restoration, women’s empowerment, sustainable livelihood programmes and support for vulnerable communities. The Company also responds to natural disasters and calamities by supporting affected communities in their recovery and rebuilding efforts, helping them return to normalcy.
LB Finance continues to strengthen its focus on sustainability and responsible business through its ESG strategy. In 2026, the Company introduced ESG Roadmap 2.0 with sustainability targets through 2030 and achieved ISO 14001:2015 Environmental Management System certification as the first NBFI in Sri Lanka to receive the certification. The Company further introduced South Asia’s first carbon-neutral Annual Report microsite, reinforcing its commitment to environmental responsibility and sustainable growth.
“Over the past 55 years, we have built our business on the trust of our customers, employees, shareholders and other stakeholders. As we look ahead, we remain focused on embracing digital transformation, strengthening our capabilities and delivering greater value to our customers and investors. Our expansion into the Southeast Asian market marks an important step in establishing our footprint in the region, creating new opportunities for growth. A key part of our vision is to develop capable and resilient young professionals within LB Finance through learning, training, coaching and leadership opportunities, enabling them to grow with the Company and take on greater responsibilities. We remain committed to responsible growth, robust governance and building a stronger, more accessible and future-ready financial institution,” said LB Finance PLC Managing Director Niroshan Udage.
Looking ahead, LB Finance will continue to build on the relationships, capabilities and experience developed over five and a half decades, while aspiring to bring the best services and solutions to its customers and investors who have been part of the LB Finance journey over the years.