People’s Bank celebrates 55th anniversary

People’s Bank powers its way ahead of competition in the country’s banking industry as it celebrated its 55th anniversary on July 1 as the premier bank in Sri Lanka which has not only revolutionized the country’s economic and banking sectors but has also won the hearts and minds of the nation’s citizens. 

Public Bank joins LankaPay CAS Common ATM switch

Public Bank Sri Lanka recently joined LankaPay Common ATM Network,the largest common ATM Network in the country taking customer convenience to greater heights. 

Embracing mobile trading to trade on CSE

The Colombo Stock Exchange (CSE) will be conducting a range of training programmes around the country to educate investors on the use of mobile trading applications. The series of educational 

People’s Bank completes ‘Foreign Currency Gold Fortune 2016’ 1st draw

People’s Bank Foreign Currency Gold Fortune 2016 recently saw the completion of the first draw announcing the winner of the week.

HSBC partners with GoSL for first sovereign bond, dual-tranche issuance for 2016

The Central Bank of Sri Lanka (CBSL), on behalf of the Democratic Socialist Republic of Sri Lanka, successfully launched and raised US $ 1.5 billion in a dual-tranche five and 10-year bond. The size of 

Seylan Bank’s debentures over-subscribed on opening day

Seylan Bank’s 3 billion debenture issue was opened on 5th July 2016 and was successfully closed with an overwhelming response on the opening day itself, indicating strong investor confidence. 

Sri Lanka Insurance ‘Sales Stars’ felicitated

The Sri Lanka Insurance Corporation (SLIC) recorded a growth of 20 per cent during 2015 and hopes to continue and improve on this performance during 2016, said SLIC Chairman Hemaka Amarasuriya at Star Awards 2016 held at the BMICH to honour the top achievers among the SLIC sales team.  Resurrecting and expanding the branch network is one step taken in this direction, he said. 

HNB setting new benchmark in Private banking: S. Nandakumar

Hatton National Bank (HNB) PLC is seeking to set a new benchmark in terms of customer convenience in the country’s high net worth domain.

NDB Wealth picks winner of online competition

Retired Commissioned Officer (Katunayake International Airport) and mother of two Prasanthika Gayani De Mel, from Homagama, hasbeen selected as the winner of the NDB Wealth “Share Your Savings Stories and Win!” online competition. 

ComBank ATM network first in Sri Lanka to be secure with EMV capability

The Commercial Bank of Ceylon has announced that it has completed the upgrade of its automated teller machine (ATM) network in Sri Lanka to EMV Chip capability, significantly enhancing security against fraud by conforming to the EMV standards of the various card brands that are accepted by the Bank’s ATMs.     

These kids made their dads cry!

Have you seen the latest video to take Sri Lanka’s viral space by storm? Launched by AIA Insurance, the video logged in over 5500 views on YouTube and almost 115,000 views and 2000 shares on Facebook, in just a week since posting, while continuing to grow in the number of people it engages. 

NTB credit cards introduce free fuel bowser giveaway

Nations Trust Bank (NTB) recently announced the launch of a one-of-a-kind promotional scheme for its loyal American Express and MasterCard cardholders. A fuel bowser with 13,200 litres of free fuel 

LankaClear achieves highest ever revenue growth to reach Rs.600mn

LankaClear (Private) Limited, the operator of Sri Lanka’s national payment network LankaPay, held 

LB Finance powers up nation with LB Solar Financing

LB Finance, as the pioneer in the finance industry, now offers facilities for solar power systems to promote green energy in Sri Lanka. Now you can fulfil your dream of having a solar system with LB 

Singer Finance launches Visa credit card

Singer Sri Lanka embarked on a historic venture recently by introducing a credit card through Singer Finance with Visa International. It can be used at merchants who accept credit cards across the 

SLIC selects ‘MinimuthuDayada’ competition winners

Sri Lanka Insurance Corporation (SLIC) held the prize draw of the recently concluded ‘MinimuthuDayada Dream Collection’ competition at the SLIC head office under the patronage of the 

Amãna Bank in Global Finance’s Innovators Index

Amãna Bank has received recognition from the world renowned ‘Global Finance Magazine’ by being amongst the handful to be listed in the magazine’s ‘The Innovators 2016’ index.  

Vallibel Finance PBT crosses Rs.900 mn mark

Vallibel Finance PLC’s financial performance for the year 2015/16 not only consolidates its recent gains but shows just why it has been listed among Sri Lanka’s top brands by  the media.

NDB Wealth’s Ruwan Perera elected UTASL President

Ruwan Perera, Chief Operating Officer of NDB Wealth Management Limited was unanimously elected 

MBSL’s 34th AGM concludes on high note

Merchant Bank of Sri Lanka & Finance PLC successfully concluded its 34th Annual General Meeting (AGM) recently at the Galadari Hotel.  Shareholder representation was high, with a total of 200 

HDFC announces changes to director board

At the Annual General Meeting held on 30th June 2016,   Lionel Jayasinghe was appointed as a Director on the Board of HDFC while Prasad Galhena was reappointed to the Board, both as shareholder, directors.  

ComBank to keep 71 branches open on Ramazan Festival Day

The Commercial Bank of Ceylon is to keep 71 branches open for business on 6th July, designated a Public and Bank holiday in celebration of Eid-ul-Fitr or Ramazan Festival Day.

Bangsa Jayah, Keith Bernard appointed Joint Managing directors of Sri Lanka Insurance

Keith Bernard is appointed as the Joint Managing Director of Sri Lanka Insurance Corporation, alongside T M R Bangsa Jayah who is re-appointed as the Joint Managing Director of Sri Lanka Insurance Corporation. 

‘SampathSaviya’ honoured at Asia Responsible Entrepreneurship Awards

Sampath Bank was presented with the prestigious Asia Responsible Entrepreneurship Award (AREA) 2016 held in Singapore on the 24th of June. 

Union Bank introduces revolutionary transaction banking system

Adding another versatile solution to its gamut of products, Union Bank recently announced the launch of ‘Union Bank BizDirect’; a revolutionary new transaction banking and cash management system that 

Top banker calls for clarity on British position on EU talks

REUTERS: Britain needs to build a new international model for financial services after its decision to quit the European Union, a top banker representing an industry lobby group said yesterday.

LB Finance records Rs 5.9 billion PBT in 2015/16

LB Finance PLC recorded yet another year of significant growth with profit before tax (PBT) leading the way with an increase of 62 percent over the previous year.  

LB Finance records Rs 5.9 billion PBT in 2015/16

LB Finance PLC recorded yet another year of significant growth with profit before tax (PBT) leading the way with an increase of 62 percent over the previous year.  

UAG partners SLT Mobitel for ‘Premium Payments’ via mCash

Union Assurance General recently partnered with SLT Mobitel to offer its customers the ability to settle premium payments via SLT Mobitel’s widely known mobile money platform, mCash. This revolutionary new payment scheme enables customers to make all financial transactions pertaining to their insurance policy via a mobile money account or from any mCash touch point island wide.

HDFC Bank conducts special workshops to SMEs in Polonnaruwa

HDFC Bank recently concluded a series of Entrepreneurship Development Programmes   for the Small and Medium Scale entrepreneurs in the Polonnaruwa district in line with the “Nila Mehewara “Mobile Service Programme in Polonnaruwa which was jointly organized by the Presidential Secretariat and the Ministry of Home Affairs.