July 14, 2026

LB Finance upgrades network with Huawei

Paving way for smarter digital services in Sri Lanka

LB Finance PLC has completed a major upgrade of its network infrastructure across its head office and branches nationwide, strengthening reliability, speed, and security. The project was delivered in collaboration with Huawei.

“The modernisation addresses challenges posed by older systems and growing demand for digital financial services. The upgraded infrastructure allows LB Finance to deliver faster, more secure services, while laying the foundation for future innovations, including cloud-based applications and AI-driven tools,” said Nirsohan Udage, Managing Director of LB Finance PLC.

The improvements included enhanced connectivity between the head office and branches, stronger wireless access, revamped backbone/core network and upgraded backup systems to safeguard sensitive information. For customers, this means more reliable services, smoother transactions, and confidence in the security of their financial data.

Huawei Sri Lanka CEO Zhang Jinze added; “We are proud to work alongside LB Finance on this project. Together, we have built a network that supports faster, safer services and the adoption of technologies like AI and cloud computing. Modern, reliable infrastructure is essential for financial institutions to meet today’s digital demands.”

The project also aligns with Huawei’s recent announcements at MWC Barcelona 2026, where the company unveiled upgrades to Banking AI and Foundation Model Solutions—including SuperPoD, AI Data Platform, and Xinghe AI Network—providing the foundation for scalable, resilient networks like that now implemented at LB Finance.

Source: Daily News

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