ComBank wins World Class award at Global Performance

Commercial Bank of Ceylon has been recognised as a role model with a Global Performance Excellence Award (GPEA) for achieving significant milestones in business excellence. Sri Lanka’s benchmark private sector bank was one of the eight of the winning organisations adjudged as a ‘World Class’ winner of the Global Performance Excellence Award for 2022, presented by the New Zealand-based Asia Pacific Quality Organisation (APQO). The World Class awar

HNB partners with WEBXPAY to launch low-cost digital payment solutions for SMBs

Sri Lanka’s leading online payment gateway solution provider WEBXPAY announced a landmark partnership with the nation’s leading private sector bank HNB to introduce affordable point of sale (POS) solutions to enable digital payments ac

Young Lankan marketers have lot of potential to compete globally - Gamika

Gamika De Silva, with his 24 plus years of experience in Marketing, has brought his skills to various sectors including Banking, Telecommunication, Super Markets, Consumer Durables and Insurance. He is currently the Assistant General Manager – Marketing and Sales at Seylan Bank.

Kasturi C. Wilson appointed to National Development Bank board

Kasturi C. Wilson has been appointed to the board of National Development Bank PLC (NDB) as an Independent Non-Executive Director.

HNB partners Aitken Spence for ICC T20 Cricket World Cup 2022

HNB PLC signed on as the exclusive banking partner to Aitken Spence Travels (Pvt), the Official Travel Agent (OTA) in Sri Lanka for the T20 World Cup 2022 in Australia, to offer cricket fans with exciting benefits.

Shanka Abeywardene appointed as new CFO of SDB bank

SDB bank has announced the appointment of Shanka Abeywardene as its new Chief Financial Officer and DGM Finance and Planning.

LOLC General Insurance disrupts industry with first ever lifestyle motor insurance product

LOLC General Insurance PLC (LOLC GI), one of the fastest-growing general insurance companies in Sri Lanka is disrupting the general insurance industry by making motor insurance a lifestyle product with its unique loyalty programme ‘Honours’ with rich rewards, in addition to unveiling its first ever Electronic Point-of-Sale (ePOS) - the digital policy issuance network.

New appointments to AIA Sri Lanka board of directors

AIA Sri Lanka has announced the appointment of Tan Hak Leh as the new Chairman of the board of directors (BOD), with effect from July 2022.

People’s Bank wins two awards at Daraz Payment Partner Awards 2021-2022

People’s Bank’s contribution towards the success of Daraz online shopping marketplace was recognised with two awards at Daraz Payment Partner Performance Awards 2021-2022, held recently at Uga Residence, Colombo.

LRA provides Sarvodaya Development Finance with Initial Entity Rating

Lanka Rating Agency (LRA) has provided Sarvodaya Development Finance (SDF) with Initial Entity Rating, recognising the firm’s stable growth.

SriLankan Airlines-HNB join hands for global digital payment needs

Establishing its presence as a global digital payment solutions provider, Sri Lanka’s leading merchant acquiring bank HNB PLC signed on as Internet Payment Gateway Provider for the national carrier, SriLankan Airlines.

Dialog Enterprise unveils a cutting-edge fuel-monitoring system, harnessing the power of the Internet of Things (IoT)

Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC, recently unveiled a timely technological solution for monitoring and measuring fuel and energy consumption with precision.

Union Assurance reinforces position as high-performing Life Insurer in Sri Lanka

With impressive financial results in the first half of 2022, Union Assurance PLC has reinforced its position as a high-performing Life Insurer in Sri Lanka.

ComBank conducts special remittances and deposits promo in Jaffna Peninsula

The Commercial Bank of Ceylon’s latest series of promotions to encourage new accounts and foreign remittances with special offers and gifts for customers took place in Jaffna recently and coincided with the festival of the Nallur Kandaswamy Kovil.

HNB Thalangama customer centre relocates to new facility in Battaramulla

Extending banking facilities to satisfy growing customer demand, HNB PLC opened the doors of its new state-of-the-art customer centre at No.65 Main Street Battaramulla.

Dialog Fibre connects Prestige Tower with latest in fibre optic technology

Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC, recently deployed its optical fibre solution at Prestige Tower, Colombo 3.

Prime Group listed among Asia’s 100 Best Workplaces in SME Category

Prime Group was recently listed among the 100 Best Workplaces in Asia for 2022 by Great Place to Work® in Small and Medium Enterprise Category.

Pan Asia Bank poised to enhance landscape of Akkaraipattu with sophisticated branch

Pan Asia Bank inaugurated its newly-relocated branch at No 8/2, Sagama Road; Akkaraipaththu recently.

Home Lands Skyline wins Gold for ‘Best Corporate Website’ at BestWeb.lk 2022

Home Lands Skyline, the leader of the Sri Lankan real estate industry has bagged the coveted ‘Gold’ award for the ‘Best Corporate Website’ for www.homelandsskyline.lk at the recently concluded competition - BestWeb.lk 2022.

Assetline Leasing transforms to finance biz; becomes Assetline Finance Limited

Assetline Leasing Company, the largest specialized leasing company in Sri Lanka was recently granted a finance company license under the Central Bank of Sri Lanka’s Non-Bank Financial Institutions Sector Consolidation Plan. The company will now be known as ‘Assetline Finance Limited’ (Assetline).

People’s Remittance Vaasi Kotiyai draw selects 6th monthly millionaire

The sixth millionaire of the “People’s Remittance Vaasi Kotiyai, Ewannai Dinannai” draw was selected for the month of July along with daily and weekly winners for the period of 12th July to 15th August. This event was held at the People’s Bank, Overseas Customer Services premises recently.

ComBank adjudged ‘Best Engaging Overall Cards Base’ by Daraz

The Commercial Bank of Ceylon has been adjudged the ‘The Best Engaging Overall Cards Base’ for the third consecutive year at the ‘Payment Partner Performance Awards 2022’ hosted by Daraz, South Asia’s largest ecommerce platform.

NSB awarded ‘Most Popular Banking & Finance website’

The corporate website of NSB (www.nsb.lk) was awarded the Most Popular Banking & Finance website along with the merit award for Best Banking & Finance website at BestWeb.lk awards ceremony organized by LK Domain Registry on 30th of August 2022 at the Cinnamon Grand.

Allianz Life Insurance Lanka inks partnership with Cargills Bank

Allianz Life Insurance Lanka Ltd, a member of the global insurance company Allianz SE, recently inked a landmark partnership with Cargills Bank, the banking arm of the Cargills Group.

NDBIB wins Euromoney Award for 11th consecutive year

NDB Investment Bank (NDBIB) was once again named ‘Best Investment Bank in Sri Lanka’ by the highly acclaimed Euromoney Magazine at the recent Euromoney Awards for Excellence 2022.

DIF managed by BOV Capital leads Rs.205mn funding round for Ifinity

BOV Capital, through its Digital Innovation Fund (DIF), recently completed a funding round that raised Rs.205 million for Ifinity (Pvt) Ltd, a financial solutions provider primarily focused on digital transformation within the BFSI sector.

Seylan Bank recognized as Category Accelerator at Daraz Partner Awards

Seylan Bank was recognized for its commitment towards successful performance at the Daraz Partner Performance Awards held recently. The Bank was recognized as the Category Accelerator for being the card base that owned a single category (utility bill payments) and enabled 200 percent volume growth on credit cards on a year-on-year basis.

AIA Insurance wins ‘Digital Insurance Initiative of the Year’ for MyPOS system

AIA Insurance has won the ‘Digital Insurance Initiative of the Year’ for launching the integrated AIA MyPOS system.

‘Sampath Pubudu’ upgrades children’s savings scheme

Sampath Bank announced a significant upgrade to its Pubudu children’s savings scheme, with the addition of gift vouchers worth up to Rs. 50,000.

HNB-Thinkcube partnership offers novel ‘ezBiz’ ERP solution for SMEs

HNB PLC signed a Memorandum of Understanding (MoU) with next-gen collaborative cloud computing product developer Thinkcube Systems (Pvt) Ltd., to introduce the latter’s renowned ‘ezBiz’ enterprise resource planning (ERP) software to small and medium enterprises (SMEs).