Indra Finance renamed Serendib Finance

?Nine months after it acquired Indra Finance Limited, Commercial Bank of Ceylon PLC has announced the renaming of its fully-owned subsidiary as Serendib Finance Limited.

LOLC PBT growth surpasses 84 percent

LOLC Group recorded Rs. 8.1 billion as Profit Before Tax (PBT) for 2014/15 with LOLC’s financial services ...

Microimage Mobile Media features broadcast solutions at BroadcastAsia

Microimage Mobile Media, Sri Lanka’s leading and perhaps the only Broadcast Software technology company...

Kaspersky Lab MD (South Asia) here 

Altaf Halde, Managing Director - South Asia, Kaspersky Lab,...

Philadelphia to be served with world’s newest aircraft next January

Qatar Airways, the Global Launch Customer of the A350 XWB,...

Lanka BPO Academy relaunches Executive Training programme  

Lanka BPO Academy is re-launching its’ corporate training offering under a new brand.

Laksala awarded “Certificate of Excellence 2015” by Tripadvisor

Renowned shopping destination in Sri Lanka, Laksala has been awarded the Certificate of Excellence...

ICA presents Life Achievement Award

Kamil Ismail, was the first recipient of the International Colored Gem Stone Association...

PUCSL to meet ‘Large Scale Electrical Consumers’ at Ceylon Chamber

The Consumer Consultative Committee of the Public Utilities Commission of Sri Lanka in collaboration...

Global Payments enables MasterCard Credit and Debit Card acceptance for CEB

 Global Payments Inc, a leading worldwide provider of payment technology services,...

LB Finance relocates Wattala branch

?LB Finance shifted its Wattala Branch to Station Road, Hendala Junction, Wattala recently for the convenience of customers in the area.

Seylan credit card offers chance to win free fuel and goods

?Renowned for creating some of the most exciting and innovative credit card offers in the market, Seylan Bank once again outdoes itself, giving customers a fantastic opportunity to win big and enjoy great savings with Seylan Bank credit cards.

Nigeria anti-graft agency arrests over 20 bankers for fraud

?AFP - Nigeria’s anti-corruption agency has arrested six senior officials from the country’s Central Bank and 16 from commercial banks over alleged currency fraud, a spokesman told AFP on Monday.

HSBC plans thousands of job cuts: report

?AFP - Scandal-hit global bank HSBC plans to cut thousands of jobs across its global operations, broadcaster Sky News reported yesterday. The number of job cuts has yet to be finalised, but “insiders said that it was likely to be between 10,000 and 20,000”, Sky reported.

India’s RBI set for third interest rate cut of the year

?AFP - India’s Central Bank is expected to cut interest rates for a third time in five months when it meets this week, confident that inflation is stable enough to weather the summer monsoon.

American Express president Ed Gilligan dies

?BBC: American Express said its president, Ed Gilligan, died after becoming ill on a flight to New York.

CDB posts Rs 701 mn FY 2014/15 PAT

Citizens Development Business Finance PLC (CDB) posted a noteworthy 25 percent growth in Profit After Tax to notch Rs 701 million as profit, as detailed by interim results released to the Colombo Stock Exchange.  

Asian Alliance increases protection to Trincomalee

?Asian Alliance Insurance has opened its second Life insurance branch at Trincomalee, expanding its Life network in the country to 53 branches.  

Watawala Plantations appoints Binesh Pananwala as Deputy CEO

?Sunshine Holdings PLC’s plantation sector subsidiary and the country’s largest tea and palm oil producer, Watawala Plantations PLC, has appointed Binesh Pananwala, ...

Union Bank opens five new ATMs to further enhance customer convenience

Union Bank of Colombo PLC recently opened five new ATMs, as part of its effort to expand its network and support the growth of its alternative channels. The new ATMs are located in Armour Street – Colombo 14

Union Bank introduces new look to Wattala branch

Union Bank of Colombo PLC recently introduced a new look to its Wattala branch. The redesigned Wattala branch was ceremoniously opened by Malinda Samaratunga, Chief Financial Officer of Union Bank, in the presence of distinguished guests and members of the local community. 

DFCC Bank recognized for Sustainable Development Financing and Reporting

DFCC Bank won three awards at the Outstanding Development Project Awards 2015,...

HNB Assurance rewards top sales performers

HNB Assurance’s (HNBA) steady and sustainable growth makes it well poised to continue with its forward thrust in the future.

Rise of the ‘living inheritance’ puts pressure on Asian retirees: HSBC report

HSBC’s report, ‘The Future of Retirement - Choices For Later Life’,

Union Bank continues rapid islandwide extension of new look

Union Bank of Colombo PLC continued the rapid islandwide extension of its new branch layout...

Trade industry bodies to gather to review ‘Customs 24x7 operation’ progress

The Import Section of the Ceylon Chamber of Commerce is planning to line up relevant associations...

HNB Assurance wins first ever Inter-Insurance Quiz competition

?HNB Assurance won first place in the inaugural Inter-Insurance team quiz, which was held at Excel World recently. 

ComBank launches ‘Divisaru’ savings account for micro businesses

?A special Savings Account designed to support micro entrepreneurs and promote financial inclusivity to this segment has been launched by the Commercial Bank of Ceylon, Sri Lanka’s largest private bank.

Pan Asia Bank’s BBB+ rating re-affirmed, outlook stable

?The local unit of the world’s leading credit rating agency Standard & Poor’s (S&P), Lanka Rating Agency (LRA) this week re-affirmed its rating on Pan Asia Banking Corporation PLC’s (PABC) long and short-term financial institution ratings at BBB+ and P2 respectively. 

Continental Insurance partners HNB in payee partnership

?Continental Insurance Lanka Ltd (CILL) joined Hatton National Bank (HNB) in a payee partnership that gives CILL customers the convenience of carrying out insurance payments through HNB’s network of Electronic Digital Channels and its extensive branch network of 249 branches across the Island.