HNB partners Keells supermarkets to disrupt digital payments with Dynamic QR

Sri Lanka’s most innovative private sector bank HNB PLC partnered with leading supermarket chain Keells to enable LANKA QR payments by facilitating Dynamic QR (quick response) transactions for the merchant’s point of sales (POS) terminals, supporting the nation’s next evolution in cashless and contactless payments islandwide for tier-one merchants, as part of the Central Bank of Sri Lanka’s (CBSL) LANKAQR ‘Janagathakaranaya’ campaign.

Damro launches 100th showroom in India

Empowering the showroom network, Damro launched its most recent showroom in Kolkata, as the seventh showroom in the city to provide enhanced services to one of the most populous cities in India.

EMS Leisure announces Chatra luxury living property in Digana

EMS Leisure Holdings (Pvt.) Ltd, a Sri Lankan company formed as a partnership between EMS Property and a group of elite Sri Lankan professionals based out of Dubai, has announced its first project focused on developing, selling and subsequently operating a holiday home villa cluster in Digana, Kandy, named Chatra.

People’s Bank among Top 10 Most Admired Companies in Sri Lanka

People’s Bank was named among the Top 10 Most Admired Companies in Sri Lanka for the fourth consecutive year by the Chartered Institute of Management Accountants (CIMA), International Chamber of Commerce of Sri Lanka (ICCSL) and Daily FT.

Keells drives sustainable agricultural practices through innovation and collaboration

Keells, as a leading retailer over the last 30 years, has been working with Sri Lankan farmers across the country sourcing produce, resulting in the farmers who put quality first enabling Keells to provide fresh produce loved by all customers.

Union Bank 3Q profit down on moratoria, weak trading incomes and loan growth

Union Bank of Colombo PLC saw its profit falling in the three months to September as the back-to-back loan moratoria extended to pandemic-affected borrowers hurt its interest incomes while the exchange rate volatility and limited trading opportunities depressed trading incomes. Loans too continued to slip contracting the assets of the bank.

HNB offers customers unparalleled value with Premier current account

Sri Lanka’s most customer-friendly private sector bank HNB PLC rewards customers with strong financial track records unparalleled benefits and services through the recently introduced Premier current account.

Rohini Nanayakkara’s outstanding contribution to financial sector recognised

Veteran banker and first female General Manager of an Asian bank Rohini Nanayakkara was recognised as a Most Admired Leader for outstanding contribution to the financial sector,

BOC reopens Trincomalee City branch with a new facelift at its own building

Having served the customers of Trincomalee since 1981, Bank of Ceylon (BOC) Trincomalee City branch was ceremoniously opened at its newly refurbished own premises at No. 9, Main Street, Trincomalee, adhering to the health guidelines, due to the prevailing pandemic conditions in the country.

Digital Finance Forum held at Hilton Colombo

The Digital Finance Forum, organised by the Asian FinTech Academy (AFTA), was recently held at Hilton Colombo.

LB Finance offers digital instant loans via LB CIM app

LB Finance PLC, country’s leading non-banking financial institution, recently introduced a revolutionary digital solution to boost its key gold loans business.

ComBank’s Android POS units accept contactless payments of UnionPay cards

Commercial Bank of Ceylon has announced that its point-of-sale (POS) devices have been enabled to accept contactless payments via ‘QuickPass’ – the Near Field Communication (NFC) technology of UnionPay cards.

Bank of Ceylon introduces personalized multicurrency travel card to CB staff

The Bank of Ceylon presented a personalized BOC Multi Currency Travel Card (MCTC) to Central Bank staff members in ceremony held at the Central Bank’s Governor’s Office recently.

People’s Bank inaugurates Self Banking Unit in Udispattuwa

People’s Bank recently introduced the benefits of modern banking services to the people of Udispattuwa by opening a Self Banking Unit (SBU) at the Medadumbara Pradeshiya Sabaha Fair (Pola) building.

HNB Assurance wins multiple awards at Life Insurance Industry Sales Awards 2019 & 2020

Reaffirming resilience and a winning spirit, members of the sales team of HNB Assurance PLC (HNBA) bagged 14 awards, including a National Level Award at the recently held ‘Life Insurance Industry Sales Awards 2019 &2020’ which was conducted by the Insurance Association of Sri Lanka.

Sarvodaya Development Finance gears for Rs.1 bn IPO

Sarvodaya Development Finance (SDF) recently announced its Initial Public Offering (IPO) proposition and will be allowing potential investors the ability to submit applications for the IPO which will open on November 23rd.

Seylan Islamic Banking wins Gold at SLIBFI Awards 2020

Seylan Bank has won the coveted Gold Award for ‘Emerging Entity of the Year’ at the Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Awards 2020.

ComBank announces partnership with Sweden’s Doconomy

The Commercial Bank of Ceylon has announced a partnership with Doconomy of Sweden, a global leader in impact-tech solutions, to further develop the effectiveness of the Carbon Footprint Calculator in the ‘Flash’ Digital Banking app developed and deployed in Sri Lanka by the bank.

NDB introduces digital signatures for internal and external usage in Sri Lanka

National Development Bank PLC (NDB) has made a significant contribution to the digital arena by providing new and innovative solutions with every step. In this journey towards a digitally enhanced bank, NDB becomes the first bank to implement digital signature for both internal and external usage.

Nations Trust Bank launches Smart ATM with fully digital remote withdrawal transaction

Bringing together smart transportation and smart banking at Sri Lanka’s first multimodal transport centre, Transport Minister Pavithra Wanniarachchi and Nations Trust Bank (NTB) Chief Executive Officer and Director Priyantha Talwatte inaugurated the NTB Smart ATM, at the Makumbura Multimodal Centre – Kottawa (MMC), on October 23, 2021.

Global Banking and Finance Review rates DFCC’s Virtual Wallet as best

DFCC Bank, the premier commercial bank in Sri Lanka, was recently awarded as having the Best Digital Wallet Sri Lanka, at Global Banking and Finance Awards 2021, organised by the Global Banking and Finance Review magazine, attesting to its continued status as the Bank for Everyone.

Genxt renews partnership with Apple Inc. as authorised distributor in Sri Lanka

Generation Next Communications Sri Lanka (Genxt Sri Lanka) has renewed its contract as the Apple Authorised Distributor (AAD) in Sri Lanka for the year 2021/2022.

HNB recognised as Best Retail and SME Bank at International Finance Awards

Sri Lanka’s most innovative private sector bank HNB PLC once again consolidated on its reputation for banking excellence at International Finance Awards 2021, bagging the Best Retail Bank and Best SME Bank awards in the banking category.

Singer launches next generation TCL smartphones and tabs

Singer (Sri Lanka) PLC, the country’s premier consumer durables retailer, has been appointed by TCL, one of the world’s leading technology companies, to offer cutting-edge smartphone and tabs for the Sri Lankan market.

SimCentric receives ISO 27001:2013 certification

Military simulation training software developer SimCentric Technologies (Pvt.) Ltd strengthened the company’s information security with the ISO 27001:2013 certification for information security management.

Huawei opens ICT Academy Innovation Lab at UoM

As the information communication technology (ICT) industry transforms, in an effort to make progress in the new era treating talent as the industry’s most important resource, Huawei Sri Lanka recently opened the Huawei ICT Academy Innovation Lab in collaboration with the University of Moratuwa (UoM).

Fitch affirms Amana Bank’s rating at BB+: Stable

In its latest rating review carried out in September 2021, Fitch Ratings Sri Lanka has affirmed Amana Bank PLC’s National Long Term Rating at BB+, with a Stable Outlook, thereby maintaining the bank’s rating profile, which was upwardly revised in June 2020.

Seylan Bank unveils innovative My Brochure Portal

Seylan Bank, the Bank with a Heart, has added to the innovative customer-centric features on its website with the Seylan My Brochure – E-Brochure Portal.

Webxpay-Australian govt. partner to empower Lankan MSMEs with digital payments

Leading online payment gateway Webxpay announced a milestone partnership with Australia’s Department of Foreign Affairs and Trade (DFAT) to significantly expand access to digital payments for Sri Lankan micro, small and medium enterprises (MSMEs).

Janashakthi Life reaches 50 MDRT qualifiers milestone in 8 months surpassing global standards

Janashakthi Insurance PLC announced that 50 members of its sales team have been qualified for the MDRT (Million Dollar Round Table) as per the United States membership criteria, which is the premier most form of international recognition bestowed upon insurance advisors in the world.