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Finance, Lease, Insurance & Legal
 
L B Finance Limited
   
PROFILE OF THE COMPANY
Learn about the LB Finance history, our dedicated and diverse staff, how we do business, and other basic facts.

From then to now

On 30th May 1971 LB Finance Limited was incorporated under the Companies Ordinance No. 51 of 1938 as a private company and was subsequently converted to a public Company on 29th September 1982. It was listed on the Colombo Stock Exchange on 30th December 1997.

LBF is registered as a finance company as defined in the Finance Companies Act of No 78 1988 (the Act) since the Act came into force.

A change for the better

At the very inception the overwhelming majority shareholding was held by Lewis Brown & Company Limited. In April 1994 Vanik Incorporation Limited (VANIK) acquired the controlling interest of the Company. The share capital which stood at Rs. 6.0 million in 1994 has since grown to Rs.135 million. In this same period the leasing portfolio has grown by 481% and the deposit base by 356% reflecting the tremendous positive changes that have taken place since the 1994 takeover.

Vision

To contribute to the quality of life experienced of our depositors, customers, employees and the general public through partnerships that fuel the growth of our Company.
 
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