April 23, 2024

I Lanka News

Sri Lankan News

LB Finance Recognised Globally & Locally in 2023

LB Finance Annual Report Award

As a beacon of financial excellence in Sri Lanka’s financial landscape, LB Finance PLC has entered 2023 with a series of commendable achievements that reinforce its standing in the industry. The company’s dedication to best practices in financial reporting and corporate governance has been internationally acclaimed, securing multiple accolades that showcase its prowess. LB Finance’s robust performance at international finance awards and the strategic, transparent approach reflected in its annual report awards have propelled the brand to the forefront of excellence within Sri Lanka finance.

Key Takeaways

  • LB Finance showcases financial excellence with prestigious global and local recognitions in 2023.
  • Heralded at SAFA and TAGS Awards for pioneering finance reporting and governance standards.
  • The institution’s commitment to transparency and corporate responsibility drives its international acclaim.
  • Strengthened trust and brand value among stakeholders with its award-winning annual reports.
  • LB Finance sets benchmarks in Sri Lanka finance with its wins in multiple award categories.

LB Finance’s Prestigious Accolades at South Asian Financial Award Forums

The South Asian financial recognition LB Finance has garnered is a testament to its pervasive excellence and strategic approach within the industry. The prestigious forums where its commitment to quality was notably celebrated, echo the influence and respect LB Finance has cultivated over the years.

Excellence in Annual Reporting: Glimpses of International Recognition

In a formidable display of annual report excellence, LB Finance’s perspicuity and diligence in financial reporting were triumphantly acknowledged. By securing a Silver award at the South Asian Best Presented Annual Report Awards (SAFA), the institution solidified its passionate adherence to best reporting practices—setting a high bar for financial communication.

Distinctive Achievements in Corporate Governance

Through steadfast commitment and unwavering ethics, LB Finance received a SAFA Merit award recognizing the company’s superior standards in corporate governance. This honor not only reinforces the trust held by its stakeholders but positions the company at the forefront of industry governance—forging a path for others to follow fervently.

LB Finance’s Leading Status in Sri Lanka’s Financial Sector

Astride the summit of Sri Lanka’s finance sector, LB Finance’s leadership was resoundingly validated with a Gold award at the TAGS Awards, further illustrating the impact of LB Finance achievements in setting a pioneering example. This accolade is a reflection of the bold strides LB Finance has made, and the profound influence it possesses within the realm of non-bank financial institutions in Sri Lanka.

The 2023 TAGS Awards: Celebrating LB Finance’s Operational Excellence

At the vanguard of financial innovation, LB Finance has once again proven its mettle, this time at the esteemed TAGS Awards 2023. In a setting that brings together the brightest in industry, LB Finance distinguished itself with remarkable success. Through diligent adherence to quality, strategic insight, and a robust operational framework, the entity secured top honors in one of the most competitive categories.

Victorious Moments in Non-Bank Financial Institution Category

Staking its claim as a trailblazer in the non-bank financial sector, LB Finance earned the Gold award for non-bank financial success, acknowledging their exceptional performance and unwavering dedication to clients. This triumph is reflective of LB Finance’s imposing stature in the financial community, propelled by a mission to deliver outstanding service and drive industry progress.

Innovations in Digitally Transformative Reporting

In an era where digitalization is paramount, LB Finance has embraced this paradigm shift with open arms. The company’s commitment to pioneering digital finance innovations was honored at the TAGS Awards 2023, as their advancements in Digitally Transformative Reporting were recognized with a Bronze award. This accolade reaffirms LB Finance’s position at the forefront of adopting technology to streamline, enhance, and transform financial reporting mechanisms.

Admirable Showcasing of Integrated Reporting Capabilities

Completing their trifecta of awards, LB Finance was also celebrated for its integrated approach to corporate communication. Through its cohesive integrated reporting, the company provided a transparent view into its operations, aligning financial and non-financial factors to sketch a holistic picture of the enterprise’s trajectory. The Bronze award in Integrated Reporting from the TAGS Awards 2023 is a testament to LB Finance’s intricate endeavor to communicate its narrative with clarity and depth to all stakeholders.