PB launches ‘Elegance’ and ‘Excelsior’ curated banking services packages

People’s Bank launched two new product offerings titled, Elegance and Excelsior, providing its customers with a comprehensive range of banking solutions designed to match their lifestyle needs.

ComBank opens 269th branch in Kirillawala

The Commercial Bank of Ceylon recently opened its 269th branch Kirillawala.

Janashakthi Life globally recognised as Best Life Insurer in Sri Lanka for 2022

Janashakthi Life has been globally recognised as the ‘Best Life Insurer Sri Lanka 2022’ for the first time in Janashakthi Life’s history.

SampathCards puts forward ‘Right Reasons for a Bright Season’

Giving their valued credit and debit cardholders the right reasons for a bright season, SampathCards has announced a series of wide-ranging discounts and benefits in line with the fast approaching festive season.

Pan Asia Bank facilitates banking services for cruise ship tourists

The Mein Schiff 5, one of the most popular super luxury cruises, docked in the port of Colombo on Tuesday (29/11) morning with 2,000 tourists, mostly European, to discover Sri Lanka.

HNB launches exclusive seasonal offers for cardholders to ‘Shop with Joy’

HNB PLC launched a bonanza of exclusive deals for debit and credit card-holders to ‘Shop with Joy’ during the upcoming festive season.

People’s Bank conducts appreciation ceremony for Regional Credit Units

People’s Bank recently held an appreciation ceremony for its Regional Credit Units for 2020/2021 performance.

LCBF amalgamates with Lanka Co-operative Leasing Company

Lanka Credit and Business Finance PLC (LCBF), a fast-growing financial service provider in Sri Lanka will be amalgamating with long-standing Lanka Co-operative Leasing Company Limited (CLCL), which is a pioneering leasing company in the cooperative sector.

LOLC Finance reintroduces latest branch in Kiribathgoda

LOLC Finance PLC, the largest Non-Banking Financial Institution (NBFI) in Sri Lanka, aligned another branch of their network under the LOLC Finance umbrella, which was renamed as ‘LOLC Finance Kandy Road Branch’, whilst the existing LOLC Finance Branch operating down Makola Road has been renamed as ‘LOLC Finance City Branch’.

DFCC Bank signs up for UnionPay card acceptance

DFCC Bank, has announced that its merchant Point-Of-Sale (POS) machines have been enabled with the acceptance of UnionPay cards.

Co-operative Insurance joins hands with BoC through historic agreement

Co-operative Insurance Company PLC (CICPLC) has entered an insurance agreement with Bank of Ceylon (BOC) on October 27, to maximise its service offerings to customers with banking requirements.

ComBank highest-ranked bank in ‘Business Today Top 40’ for 14th year

The Commercial Bank of Ceylon has become the highest-ranked bank and one of the five best-performing companies in Sri Lanka for the 14th consecutive year in the latest Business Today Top 40 ranking released in November 2022.

LOLC Finance keeps growing in Kandy

LOLC Finance, the largest non-banking financial institution (NBFI) in Sri Lanka, further extended its footprint in Kandy, through renewing another iconic location of the group acquired earlier this year as ‘LOLC Finance Kandy - City Branch’.

BOC-PickMe to bring exclusive card promotional offers for customers

Country’s premier bank Bank of Ceylon (BOC) signed a memorandum of understanding with PickMe to bring exclusive card offers to BOC cardholders.

HSBC Sri Lanka recognised with four international awards

HSBC Sri Lanka has been recognised with four international banking awards – a timely and fitting tribute to celebrate its 130th anniversary in Sri Lanka, this year.

DFCC Bank launches hospitality-related offers to delight cardholders

DFCC Bank has launched a wide range of hospitality-related credit card offers.

Impact of inflation and global economic crisis on savings of Sri Lankan middle class

As of today, it is no secret that we, as a society and a country, are grappled with recession. With a population of 22 million and an external debt stock of US $ 69 billion, we are experiencing a steep increase in prices of goods and services.

NDB Bank bags Non-Financial Services Champion award from FAW

At the 2022 annual summit of Financial Alliance for Women (FAW) held in London recently, NDB bank was named the Non-Financial Services (NFS) Champion Award recipient for 2022, for its ‘Banking on Women’ initiative and in light of the support towards the upliftment of women by providing financial literacy and improving their access to greater markets through recognition of their achievements.

HNB renews partnership with MyFees.lk

HNB PLC renewed its partnership with a leading online payment portal dedicated to educational payments, MyFees.lk to provide a feasible online financial experience for students and institutions alike.

NDB Wealth Management Money Fund: Ideal alternative to savings accounts

NDB Wealth Money Fund is the largest Unit Trust Fund with Rs. 35.8 billion assets under management in the industry as per the statistics published by the Unit Trust Association of Sri Lanka for September 2022.

ComBank website wins global award from USA’s Web Marketing Association

The USA-based Web Marketing Association (WMA) has recognised Commercial Bank of Ceylon with a ‘Bank Standard of Excellence’ award at the Association’s Web Awards 2022, at which the world’s best websites in 86 industries were honoured.

HSBC re-establishes exclusive Bancassurance partnership with Allianz in Asia

HSBC Sri Lanka in partnership with Allianz Sri Lanka launched Allianz Suwasahana, which offers customized individual long term health insurance plans with a global coverage up to Rs. 50 million, along with a Life Insurance cover.

Softlogic Finance to raise over Rs. 850mn via rights issue

Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, has revealed plans to go for a rights issue to raise over Rs. 850 million to infuse fresh capital for adherence with capital adequacy requirements as well as supporting its digitalization drive and business expansion of the company.

HNB Finance appoints Murali Srinivas to Board of Directors

HNB Finance PLC (HNBF) recently announced the appointment of Murali Srinivas Polamarasetty to the company’s Board of Directors as an independent, non-executive director effective from September 15, 2022.

ComBank wins 4 awards at world’s largest annual report competition

The 2021 Annual Report of the Commercial Bank of Ceylon has won four awards including a Gold and a Bronze at the latest edition of the MerComm ARC Awards, the world’s largest annual report competition.

Softlogic Life honoured as SA’s Best Insurance Company at South Asian Biz Excellence Awards

Sri Lanka’s second largest life insurer Softlogic Life was recently honoured as South Asia’s best private sector insurance company, at the coveted South Asian Business Excellence Awards 2022. The awards ceremony, held in Dhaka, bestowed Sri Lanka’s number one health insurance company with two accola

AIA Insurance honoured as a Legend at GPTW awards

AIA Insurance was the only insurer to win the Legend title at the GPTW awards ceremony held recently in Colombo, surpassing the legendary 10 years as a Great Place to Work. This tremendous journey of AIA is a testament to its continued commitment in creating a diverse, inclusive and equitable culture rooted in the well-being and professional growth of all employees. Great workplace cultures are built to last. Within the company, AIA creates and

Union Assurance rewards customers with Lifestyle Bonus 2022

Union Assurance, Sri Lanka’s trailblazing life insurer, has incentivised the customers with lifestyle rewards for the third con

People’s Bank recognised as one of SL’s outstanding workplaces for women

People’s Bank was recognised as one of Sri Lanka’s most outstanding workplaces for women at the Satynmag CIMA Women Friendly Workplace Awards 2022 (WFWP Awards) 2022. The award was received by People’s Bank Deputy General Manager Retail Banking Renuka Jayasinghe, Deputy General Manager Enterprise Banking Krishani Narangoda and Acting Deputy General Manager Human Resources K. Nihal, at the award ceremony held recently at The Kingsbury Hotel. The a

Nadika Opatha appointed as Director to LOLC Life Assurance board

As announced by the LOLC group, Nadika Opatha has been appointed to the board of LOLC Life Assurance Ltd as an Executive Director, with effect from September 1, 2022. Opatha, ha