K.G. Leelananda, CEO 1 Executive Director -LCB Finance The Initial Public Offering (IPO) by Lanka Credit and Business Finance Limited (LCBF) which successfully closed on October 26, 2021 within minutes of opening amidst strong investor interest, is set for secondary market trading on the Colombo Stock Exchange (CSE) on November 16, 2021. The IPO attracted total funds amounting to LKR 760 million recording an oversubscription of 2.5 times of the initial tranche. The successful IPO validates the exemplary business turn-around demonstrated by LCBF having
acquired a distressed Non-Bank Financial Institution (NBFI) in 2018.