Lanka Credit & Business Finance Plc
CCSELK:LCBF.N00004.90
LKR
-0.30
(-5.77%)
ISIN
LK0474N00003
Return %
Stock
S&P 500
1Y
-54.21
14.20
3Y
122.73
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Kandegoda Gamage Leelananda
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Kohuwala Sri Lanka
- Website
- lcbfinance.lk
- Similar Companies
- Business
- Lanka Credit & Business Finance PLC is a Sri Lanka-based non-banking financial institution that provides diversified financial products and credit services to retail clients, individual borrowers, and micro, small, and medium-sized enterprises (MSMEs). The company operates through key business segments comprising deposit mobilization, retail and commercial lending, asset leasing, and ancillary financial services. Its comprehensive portfolio of products and services includes fixed deposit schemes and specialized savings accounts; commercial business loans for working capital and expansion; residential housing and mortgage loans; education and personal loan facilities; gold loans and pawning advances; vehicle finance leasing and hire purchase options for passenger, commercial, and agricultural vehicles; power draft credit facilities against vehicle equity; and foreign currency exchange services. Originally established in 1962 as City Finance Corporation Limited, the institution was revitalized, restructured, and rebranded as Lanka Credit & Business Finance in 2018 following an acquisition by Lanka Credit and Business Limited, and is headquartered in Kohuwala, Nugegoda, Sri Lanka. The company conducts its geographic operations throughout Sri Lanka, emphasizing regional and rural financial inclusion through an expanding distribution network. In recent operational developments, Lanka Credit & Business Finance PLC has expanded its national footprint to over 20 branches across multiple provinces, including new locations such as Piliyandala; completed capital-raising initiatives through rights issues and warrant conversions; established specialized green-mobility financing alliances for electric vehicles and two-wheelers; and earned national long-term credit rating affirmations from Lanka Rating Agency amid substantial portfolio and pre-tax earnings growth.