With a legacy spanning over 54 years in Sri Lanka’s financial services sector, LB Finance PLC (LBF) is a leading Non-Banking Financial Institution (NBFI) in the country. The Company maintains an A-(lka) rating from Fitch Ratings Lanka Ltd., underscoring its financial strength and stability.
LBF follows a strategic path focused on creating sustainable value and long-term resilience. Operating in a dynamic financial environment, the Company remains agile in adapting to regulatory, economic, and technological changes. Its strategy is shaped by continuous stakeholder engagement and materiality assessments, ensuring alignment with evolving expectations.
Emphasizing sustainable growth, digital innovation, and inclusive financial solutions, LBF seeks to deliver consistent value while supporting national development. This approach strengthens its reputation as a trusted and forward-thinking financial institution in Sri Lanka’s non-banking Financial sector.
LBF is committed to sustainability through a structured and responsible approach that encompasses the strategic pillars of the ESG principles into its operations.
As a responsible corporate citizen, LBF integrates ESG principles into both governance and operations, with a focus on minimising its carbon footprint. LBF's structured approach to sustainability promotes inclusive financial services that are accessible, affordable, and relevant to stakeholders while helping the nation build resilience.
LBF drives sustainable value creation across six capitals. Strong financial capital supports robust performance, manufactured capital includes a wide branch network and digital platforms, human and intellectual capital empower innovation and service excellence, social and relationship capital fosters stakeholder trust, and natural capital guides eco-conscious operations.
The Company offers a diverse portfolio of lending and deposit products, along with value-added financial services tailored to customer needs. Extending its footprint beyond Sri Lanka, LBF also operates a growing subsidiary in Myanmar, supporting regional financial inclusion and expansion
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LBF upholds strong corporate governance, built on transparency, accountability, and ethical leadership. Its governance framework ensures regulatory compliance, strategic oversight, and alignment with stakeholder expectations to drive sustainable value creation. Equally, risk management is a core component of LBF's business strategy, promoting stability while enabling responsible growth.
The Risk Appetite Statement guides decision-making, with oversight from the Board and the Board Integrated Risk Management Committee. Applying the three lines of defense model and a comprehensive, annually reviewed policy framework, LBF effectively identifies, assesses, and mitigates risks across all operations.
In 2024/25, LBF delivered outstanding financial performance, recording a 13% increase in net profit after tax to a historic high of Rs. 10.8 billion. Net interest income rose by 3%, while loans and receivables grew by 23%. The total asset base expanded by 19%, reaching Rs. 240 billion. Backed by a diverse portfolio, including deposits, loans, value-added services, and digital financial solutions, LBF remained resilient and adaptive in a fast-changing environment. As the highest taxpayer among Sri Lanka's NBFIs, the Company continues to support national economic progress through sustainable value creation.
As we reach the end of our Integrated Annual Report 2024/25, we invite readers to explore the full breadth of insights, data, and disclosures that reflect our unwavering commitment to transparency, accountability, governance, and sustainability. From investor highlights and financial performance to global reporting standards, ethical governance, and anti-corruption practices, every detail underscores our dedication to responsible corporate citizenship. Supporting resources, from organisational structures to reporting indices, offer further clarity and depth. Together, these elements paint a complete picture of us, which is resilient, future-ready, and driven by purpose in all that we do.