IFAC appoints Arjuna Herath as PAO Development Chair

Following a rigorous nominations process, the International Federation of Accountants (IFAC) 

StanChart-Lanka IOC collaborate on electronic banking transactions

Standard Chartered’s (StanChart) global Internet banking platform Straight2Bank will now facilitate Lanka IOC PLC’s migration to automated payments and collections. 

ComBank’s Mobile Banking service adds menus in Sinhala and Tamil

Users of Commercial Bank’s Mobile Banking facility now have a choice of menus in transliterated 

Sanasa Development Bank in restructuring drive; unveils new logo

Sanasa Development Bank PLC unveiled its new logo as the bank is on the path of restructuring its 

Bloomberg-CBSL launch trading system for govt. bonds

Bloomberg and the Central Bank of Sri Lanka (CBSL) yesterday announced the launch of the Bloomberg E-Bond trading and market surveillance system, a new electronic trading and reporting system for Sri Lankan government securities. 

Sanasa Development Bank unveils new logo

Sanasa Development Bank PLC (SDB) recently unveiled its new logo as an important aspect of its restructuring programme. 

Bloomberg-CBSL launch trading system for G-Secs

Bloomberg and the Central Bank of Sri Lanka (CBSL) yesterday announced the launch of the Bloomberg E-Bond trading and market surveillance system, a new electronic trading and reporting system for Sri Lankan government securities (G-Secs). 

Rupee ends lower on importer dollar demand

REUTERS:  The Sri Lankan rupee fell yesterday on importer dollar demand, with currency forwards active in the absence of trading in the spot currency, dealers said, a day after moral suasion by the central bank capped the rupee’s fall.

Samapth Bank launches My Book Club loyalty card

Reinforcing the value of reading amongst people in Sri Lanka, Sampath Bank partnered with Colombo International Book Fair 2016 as the official bank for the 12th consecutive year.

Pan Asia Bank joins hands with Al Ansari Exchange to offer ‘Cash Express’

Pan Asia Bank joined hands with Al Ansari Exchange LLC which is a leading exchange company in 

HNB Assurance June profits fall amid higher benefits, claims and expenses

Hatton National Bank PLC subsidiary, HNB Assurance PLC saw its net profit for the quarter ended 

ACL Cables launches first debit card for electricians

ACL Cables together with Commercial Bank recently launched the first ever cobranded debit card for electricians.

European banks represent the world’s biggest contrarian trade: Citi

REUTERS: Buying European bank stocks would be the world’s biggest contrarian trade, Citi analysts s

Mercantile Investments shifts Ampara branch office

Mercantile Investments and Finance PLC has shifted its Ampara branch office to its new premises 

Rupee weakens after liquidity injections; spot market trades halted

Economynext: Moral suasion returned to Sri Lanka’s forex markets Tuesday with trading in the spot 

DFCC Bank named ‘Official Banking Partner’ for Shape South Asia Initiative

DFCC Bank is proud to be the ‘Official Banking Partner’ for the Shape South Asia 2016 event, to be 

NTB offers lowest interest rate on motorbike leasing

Offering convenient and flexible vehicle financing offers, Nations Trust Bank (NTB) recently introduced the lowest ever motorbike leasing solution to the market with an interest rate of 24 percent per annum, with a short response time of 24 hours. 

Pan Asia Bank relocates Wattala branch

Pan Asia Bank ceremonially opened its Wattala branch at its new location yesterday at No. 218, Negombo Road, Wattala.   

Memories of Malaysia for AIA customers

AIA believes in making real life better for its customers. So whether you are a first-time tourist or a seasoned traveller, AIA will help you make memories that last a lifetime.  That is why AIA showed its appreciation to 20 lucky customers, by treating them to a day holiday for two, in mesmeric Malaysia.

ComBank launches new series of ‘Cash Deposit & Withdrawal’ machines

Commercial Bank of Ceylon (ComBank) has launched a new generation of machines that offers several new advancements on the standard ATMs and deposit machines, including cash deposits that are credited instantly.

DFCC Bank opens first solar-powered offsite ATM in Sapugaskanda

DFCC Bank PLC opened its first solar powered offsite ATM at the LINDEL Industrial Estate on 15th 

Union Assurance upgrades Point Pedro regional office

Union Assurance (UA) upgraded its Point-Pedro Regional Office on 15th September  to provide better 

Mastercard accelerates search for startups in Asia Pacific

Whether it is to scale their business or drive profitability, startups are increasingly looking to collaborate with corporates toboth tap intotheir operational expertise and to test new technology. 

Hatton National Bank launches “HelaSaviya” innovative banking solution for Hela Group

Hatton National Bank which has been in the forefront of innovative banking in Sri Lanka for several decades has launched yet another innovative banking solution exclusively for the staff of Hela 

Deutsche Bank to fight US $14 billion demand from U.S. authorities

REUTERS: Deutsche Bank said it would fight a US $14 billion demand from the U.S. Department of 

NTB relocates Wellawatte branch to enhance customer convenience

Nations Trust Bank recently announced the relocation of its Wellawatte branch to a more spacious 

Amãna Bank partners with Imperial College for education financing

Amãna Bank, Sri Lanka’s premier non-interest based licensed commercial bank, has tied up with Imperial College of Business Studies (ICBS) to offer affordable education finance facilities for students undergoing undergraduate and postgraduate degree programmes offered by the institute. 

NDB signs up Softlogic Retail to offer Western Union services

National Development Bank PLC (NDB), a principal agent of Western Union, has recently signed up Softlogic Retail (Pvt.) Ltd to offer Western Union Money TransferSM services through its full channel of Softlogic and Softlogic Max stores, which retail a range of world-renowned consumer electronics brands across the island.

mCash-Central Finance partner for leasing payments

The national mobile service provider SLT Mobitel has partnered with Central Finance enabling Central Finance customers to simply pay their leasing payments from his/her own mCash account or by walking into any mCash touch points islandwide to make their leasing payments conveniently.

HSBC Sri Lanka wins triple recognition as leading bank

HSBC Sri Lanka was awarded a triple, by virtue of having been awarded three coveted awards in recognition of the bank’s ability to maintain its position as a leading foreign bank in the country, backed by a strong track record and long-standing history in the local banking arena.