Shares end little changed ahead of national budget

REUTERS: Sri Lankan shares closed nearly unchanged yesterday in thin trade as investors turned 

ComBank September profit up 14% on loan growth but margins come under pressure

Sri Lanka’s largest private sector commercial bank by assets, Commercial Bank of Ceylon PLC 

Bank of Ceylon offers business loans

With over 77 years of steadfast record uplifting the business community in the country, Bank of 

NTB honoured at NBQSA 2016

Recognising the bank’s continuing commitment in offering unparalleled customer solutions, Nations 

DFCC Bank relocates Dambulla branch

DFCC Bank recently relocated its Dambulla branch to a more spacious and convenient location at 

Senkadagala Finance Rs.3bn debenture oversubscribed

The fortnightly period from October 25 to November 7, 2016 witnessed a mass of debenture issues, 

People’s Bank Foreign Remittance Gold Fortune holds 19th draw

The 19th winner of 28 gold coins on offer by the ‘People’s Bank Foreign Remittance Gold Fortune 2016’ promotion was announced recently. 

Sampath Bank September quarter net up 38% as loans and margins grow

Sampath Bank PLC, Sri Lanka’s third largest private lender by assets increased its September 

ACCA Sri Lanka and BPO Academy collaborate in fostering shared finance services industry

The Association of Chartered Certified Accountants (ACCA) has launched its Global Business 

Fitch rates LB’s senior and subordinated debt totalling to Rs.5bn

Fitch Ratings has assigned LB Finance PLC’s (A-(lka)/Stable) proposed senior unsecured and 

IASL to host 12th International Microinsurance Conference

The Insurance Association of Sri Lanka (IASL) has announced that Sri Lanka has been selected to be the host country of the 12th Annual International Microinsurance Conference. 

Secure online banking with Nations Trust Bank

Nations Trust Bank recently upgraded its online banking facilities to offer customers with fast and secure services for all online banking transactions. 

Customers join in Deepavali celebrations at HSBC

The festival of lights lit up HSBC branches in Galle, Jaffna, Wellawatte and Kandy over the Deepavali weekend. 

NDB Wealth advises financial independence to light up your Deepavali

Deepavali, or the Hindu festival of lights, as it is also commonly known, is a time when you fix up and decorate your home, buy new clothes for yourself and your family and take part in festivities with your community. 

People’s Bank celebrates festival of lights

In commemoration of Deepavali, People’s Bank organized a series of ceremonies at the Wellawatte branch.A special Hindu pooja was conducted to invoke blessings for the nation, customers as well as the staff of People’s Bank this was followed by cultural performances by school children.  The corporate and executive management of the Bank including N. Vasantha Kumar – Chief Executive Officer / General Manager, People’s B

Epic Lanka partners with APB as platinum sponsor for 28th anniversary convention

Epic Lanka has joined hands with the Association of Professional Bankers (APB) as platinum sponsor for its 28th anniversary convention.

Bank of Ceylon green banking goes with digitization

The Bank of Ceylon (BoC) as the leading bank in Sri Lanka, has always acted as a responsible financial institution by creating the best solutions for its customers in an environmentally-friendly manner. 

Sampath Bank feted at South Asian Partnership Summit Awards

Sampath Bank was feted with the award for ‘Best Use of Social Media’ at the South Asian 

Pan Asia Bank wins at 16th SLIM NASCO awards

Pan Asia Bank’s Christopher Fleming – Sales Manager Card Acquisition won the Silver Award for 

StanChart income fall worries Chief Executive Officer Winters

REUTERS: Standard Chartered Chief Executive Bill Winters branded its income and profit unacceptable as below-forecast third quarter results and confirmation of a Hong Kong investigation 

DFCC Bank 3Q profit up 78% over core-banking, fee incomes, but credit slows

DFCC Bank PLC’s September quarter net profit jumped by 78 percent to Rs.953.8 million a year ago 

Commercial Leasing opens 61tst branch in Borella

Commercial Leasing & Finance PLC (CLC) recently opened their 61st branch at D.S.Senanayake Road, Borella. 

Insurance industry GWP grows 17% in first half

The Sri Lankan insurance industry performed well during the first half of the year 2016 with a commendable growth of 17.01 percent, in terms of gross written premium (GWP), when compared to the same period in the year 2015. This growth is relatively higher than the growth experienced in the first half of 2015, i.e., 11.73 percent and attributable to increased premium incomes in both long-term and general insurance business sectors.

ComBank launches Max Loyalty Rewards scheme

Commercial Bank of Ceylon has unveiled Combank Max Loyalty Rewards, offering loyalty benefits for both debit and credit card holders for the first time in Sri Lanka, enabling the cardholders of the bank to accumulate points whenever they use their cards to pay for purchases.

Amãna Bank receives ‘Global Finance’ award for innovation

The world-renowned Global Finance magazine recently recognized and listed Amãna Bank in the magazine’s ‘Innovator 2016’ index for its novel Gold Certificate Financing product, which was introduced as an alternative for conventional pawning.

Economy and leisure poised to grow; mixed sentiment on banking : NDB Securities

Pioneer stockbroking and equity research firm NDB Securities (Pvt) Ltd (NDBS) has published three rese

NSB strives to take country on winning path with Thrift Month campaign

The National Savings Bank (NSB) is to conduct a number of programmes to educate people and 

Vish Govindasamy appointed to Capital Alliance board

Sri Lanka’s leading investment banking firm and the preferred partner in financial markets, Capital A

Seylan Bank 3Q net profit up 8% to cross Rs.1bn mark

Seylan Bank PLC increased its net profits for the quarter ended September 30, 2016 (3Q16) 8.08 p

HSBC recognized at SLIM NASCO 2016

HSBC Sri Lanka was recognised with four national sales awards at the SLIM National Sales Congress – NASCO 2016.