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Lanka Credit And Business Finance Plc (Sri Lanka)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Lanka Credit And Business Finance Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is engaged in financial services encompassing accepting deposits and providing credit facilities such as finance lease, hire purchase, vehicle loan facilities, mortgage loans, gold loans, revolving loans, business/personal loans and other credit facilities.
-1962:
The Company was incorporated in Sri Lanka on March 3, 1962 under the name Industrial Finance Limited.
-2011:
The Company name was changed to City Finance Corporation Limited in 2011.
-2018:
The Company name was changed to Lanka Credit and Business Finance Limited (LCBF) in 2018.
-2021:
The Company will be listed on Colombo Stock Exchange on November 16, 2021.
-2022:
The Company name was changed to LANKA CREDIT AND BUSINESS FINANCE PLC on January 21, 2022.

Headquarters
No. 76, S. De. S. Jayasinghe Mawatha, Kohuwala
Colombo; Western Province;

Contact Details: Purchase the Lanka Credit And Business Finance Plc report to view the information.

Website: http://lcbfinance.lk

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1962
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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72.1%
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15.6%
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3.5%
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1.8%
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1.6%
Company Performance
Financial values in the chart are available after Lanka Credit And Business Finance Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net interest income
48.35%
Operating profit (EBIT)
-6.97%
Net Profit (Loss) for the Period
66.8%
Total assets
34.91%
Total equity
4.3%
Total Assets Trend
16.29%
Net Interest Income Trend
31.25%
Loans to Deposits Ratio
-45.64%
Loans to Asset Ratio
3.53%

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