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Bimputh Finance PLC
Information by Research TrustFinance
Originally established in 2007 as an approved credit agency, Bimputh Finance PLC became a licensed finance company in Sri Lanka in 2011. The company offered a range of financial products targeted at rural and urban communities, including microfinance, SME loans, personal loans, leasing, hire purchase, savings accounts, and fixed deposits. In a move to consolidate Sri Lanka's non-bank financial institution (NBFI) sector, Bimputh Finance was acquired by the LOLC Group and was subsequently merged with LOLC Development Finance PLC. In March 2022, this merged entity was then fully amalgamated into LOLC Finance PLC, and the Bimputh Finance brand ceased to exist.
Sri Lanka
Industry
Financial