Is LB Finance safe?

Fitch Affirms LB Finance at ‘A-(lka)’; Outlook Stable. Fitch Ratings – Colombo – 01 Sep 2021: Fitch Ratings has affirmed LB Finance PLC’s National Long-Term Rating at ‘A-(lka)’. The Outlook is Stable.

What is the meaning of LB Finance?

The origins of LB Finance trace its roots back to 1971 when it was incorporated as a Private Limited Liability Company in May. In 1982, it was converted into a Public Limited Liability Company and listed on the Colombo Stock Exchange in 1977. LB Finance offers you a holistic portfolio of financial solutions.

Can I pay LB Finance Online?

You can also make your bill payments from the comfort of your home through our convenient online platforms. Log into e-connect or simply download the CIM mobile app to pay your bills online.

What is the leasing rate in Sri Lanka?

Compare Vehicle Leasing Rates in Sri Lanka

What is unsecured deposit?

Deposit to be termed as ‘Unsecured deposits’ if security not provided – Provision of security. is not mandatory. Where a company does not secure the deposits or secures such deposits. partially, then, the deposits shall be termed as ‘unsecured deposits’.

What are financing companies?

finance company, specialized financial institution that supplies credit for the purchase of consumer goods and services by purchasing the time-sales contracts of merchants or by granting small loans directly to consumers. Some also extend credit for wholesale purchases by retail dealers.

Who is the chairman of LB Finance?

Anandhiy Gunawardhana
Independent Non-Executive Director Anandhiy Gunawardhana has been appointed as the Chairperson of LB Finance PLC.

How can I get gold loan?

How does one get a Gold Loan? To get a Gold Loan, you can walk into any ICICI Bank Branch offering a Gold Loan with your jewellery and avail a Gold Loan for any value between Rs 10,000 to Rs 1 crore. With our simple documentation process (only KYC required), you can avail the loan, across the counter, quickly.

How do I lease a car in Sri Lanka?

Requirements

1. Photocopy of NIC or valid Passport or Driving License.
2. Minimum down payment.
3. Invoice/Quotation from Supplier.
4. Documentary evidence to prove the applicant’s repayment capacity. Income proof – Salary slips/ bank statements. Billing proof. Business Registration (only for companies)

Is a car loan unsecured debt?

Home loans and car loans are two common examples. Unsecured loans don’t rely on collateral. Though they reduce some risk for borrowers, they usually come with higher interest rates and shorter payoff terms.

When did LB Finance become a public company?

LB Finance (PLC) is a Sri Lankan licensed finance company, which was incorporated in 1971 as a private limited liability company. It was subsequently converted to a public limited liability company in 1982. The company was listed on the Colombo Stock Exchange in 1998 and was re-registered in June 2008 under the new Companies Act No. 7 of 2007.

Where can I get a loan from LB Finance?

Just like a friend in an hour of need, when an emergency comes up, LB Finance Gold Loan facilities would be there to financially assist you and lift you up. Simply, visit your nearest LB Finance branch with your valuables including gold jewellery, gold coins and gold biscuits to get a quick loan against them.

Do you get high returns with LB Finance?

Our promise is to offer you high returns and high security for your Fixed Deposits. With LB Finance Fixed Deposits, you can enjoy the best interest rates in the market along with the facility of flexible money withdrawals. Moreover, you can choose the deposit period based on your individual needs and make your investment.

How big is the asset base of LB Finance?

As one of the leading Licensed Financial Institutions with an asset base of 144 billion rupees from which 86.8 billion rupees in deposits, LB Finance is a financial partner you can trust. Visit the nearest LB Finance branch, choose the maturity period and deposit your cash.