People’s Bank upgrades Athurugiriya Service Centre into a fully-fledged branch

With the aim of providing a seamless digital banking experience to its customers, People’s Bank upgraded its Athurugiriya Service Centre into a fully-fledged branch.

Empowered by over Rs.3bn capital SMB Leasing gears for higher growth

Stronger now with over Rs.3 billion in capital, SMB Leasing PLC is gearing for higher growth with improved prospects for some of its core businesses as well as seeking fresh opportunities via new products.

Legal validity of digital signatures highlighted

Digital signatures have been in use in Sri Lanka since 2009. However, due to the outbreak of the pandemic and travel restrictions, signing documents physically has found to be challenging. Hence, the requirement for digital signatures among many segments of the community has soared in the recent past.

Over 100,000 customers aboard Q+ Payment App

The Q+ Payment App, Sri Lanka’s first QR-based payment application to be launched under LANKAQR, has surpassed the 100,000 registered customers milestone, doubling its customerbase in just five months, the app’s owner the Commercial Bank of Ceylon has announced.

Ideal Finance further ramps up branch network in expansion drive

Adding momentum to its expansion drive, a key component of the company’s growth strategy, Ideal Finance Limited (IFL) opened four branches in strategic locations in the Western and Northern Provinces, strengthening its network to 17 locations.

Double celebrations for People’s Merchant Finance

People’s Merchant Finance PLC (PMF) relocated its Head Office and Corporate Branch to prime locations in Colombo recently whilst launching the Navodhaya Entrepreneur Loan Scheme.

People’s Bank upgrades Gelioya Service Centre

With the aim of providing a seamless digital banking experience to its customers, People’s Bank upgraded its Gelioya Service Centre into a fully-fledged branch and ceremonially opened it to the public on October 11th, making it the 363rd People’s Bank branch in the country.

NDB enhances ‘Privilege Banking’ offering focused on exclusivity

National Development Bank PLC has always been dedicated to providing exemplary services to all their customers be it individuals, corporates or institutions.

Ceylinco Life raises bar with ‘Future Saver’

A new paradigm life insurance product that offers protection as well as wealth accumulation with an emphasis on the latter has been launched by Ceylinco Life, raising the bar for investment options in Sri Lanka’s financial services sector.

UB Finance becomes one of highest capitalized finance companies

UB Finance Co. Ltd. a subsidiary of Union Bank of Colombo PLC successfully concluded a rights issue to raise approximately Rs. 2 billion to strengthen the company’s balance sheet and meet the revised capital thresholds set out by the Central Bank.

NDB introduces first-ever mobile app for SMEs

NDB, as a bank that is always at the forefront of digital innovation, has introduced yet another first in Sri Lanka, in the form of a new mobile banking platform titled NDB NEOSBiz, specially targeted at Small and medium-sized enterprise (SME) businesses.

Capital Alliance enters Bangladesh merchant banking

Capital Alliance (CAL), Sri Lanka’s leader in capital markets services, has entered into an investment and partnership agreement with Bangladesh’s BetaOne Investments Limited to enter merchant banking in Bangladesh.

People’s Bank moves Thalathuoya service centre to a new location

People’s Bank Thalathuoya service centre was ceremoniously declared opened by People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer/General Manager Ranjith Kodituwakku, at its new location recently.

BOC signs agreement with LankaClear to be settlement bank for USD Online and USD Draft System

Bank of Ceylon (BOC) is proud to announce being appointed as the settlement bank by LankaClear, for its inter-bank US Dollar Online Payment System (USD Online) and US Dollar Draft Online Image Transfer System (UITS). This selection was made through a competitive bidding process.

SANASA General Insurance appoints Yamuna Kelaniyan Godage as Consultant

Yamuna Kelaniyan Godage has been appointed as Consultant Non-Motor of SANASA General Insurance Co Ltd, with effect from October 2021.

ComBank Minors’ savings account holders offered discounts up to 20% at Sarasavi

Commercial Bank of Ceylon Minors’ savings account holders can enjoy exclusive discounts of up to 20 percent on books and stationery at any Sarasavi Bookshop islandwide until the end of August 2022, under an exciting benefit unveiled by the bank for children confined to their homes by months of lockdown.

Sampath Bank delivers greater protection while promoting habit of saving

Sampath Bank stepped up its efforts to emphasise and encourage the habit of saving amongst all Sri Lankans with the roll out of a host of rewards and benefits through its annual ‘Thrift Month’ savings promotion drive.

Softlogic Life launches Dollar Saver foreign currency insurance solution

Affirming its indelible reputation as Sri Lanka’s fastest growing life insurer, Softlogic Life goes beyond borders with the introduction of a powerful new US dollar savings life insurance solution, ‘Dollar Saver’ that will be offered to Sri Lankans working and living overseas.

People’s Bank upgrades Gelioya service centre into a fully-fledged branch

With the aim of providing a seamless digital banking experience to its customers, People’s Bank upgraded its Gelioya service centre into a fully-fledged branch and ceremonially opened it to the public on October 11, making it the 363rd People’s Bank branch in the country.

Ceylinco Life sticks with gold to reward policyholders via 15th Family Savari

Ceylinco Life has ended the suspense for policyholders awaiting news of the next Family Savari promotion with the announcement of another bonanza in gold for winners at the milestone 15th edition of this annual mega rewards programme that, like gold, has stood the test of time.

Smart Village app enables business growth and alternate economic development

Cognizant of the economic difficulties faced by rural villages, due to the restrictions during the pandemic, Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Movement, plans to launch the Smart Village app to enable better connectivity and strengthen business growth and financial outcomes.

Amana Bank among Top 100 Islamic Banks in the World

Amana Bank was ranked among the World’s Top 100 Strongest Islamic Banks by The Asian Banker in its 2020 ranking index, based on balance sheet strength and asset size.

Lanka Credit & Business Finance to expand branch network

K.G. Leelananda, CEO/Executive Director of Lanka Credit & Business Finance Limited (LCBF), the fastest growing finance company,

Union Assurance introduces HEALTH 360

Union Assurance HEALTH 360 was launched on October 13 as a health insurance solution that covers a wide range of health protection needs for the entire family. It offers benefits across three generations covering the policyholder’s spouse, children and parents with a wealth of benefits.

People’s Bank announces Western Union winners for March, April and May

As many as 75 People’s Bank customers, who collected their Western Union money transfers via People’s Bank during the months of March, April and May, were selected as winners at a draw held at People’s Bank head office, in Colombo 2.

NDB Brand Ambassador Dimuth Karunaratne surprises new vKYC customers

In an effort to bring in some excitement to the lives of the customers of NDB Bank during these uncertain times, Dimuth Karunaratne – Sri Lanka Test Cricket Captain and the bank’s Brand Ambassador, personally joined with NDB to conduct the video Know-Your-Customer verification process for customers.

HSBC reintroduces Mortgage Loans

Supporting customers by opening up a world of opportunity, HSBC has further enhanced its flagship Premier proposition by reintroducing Premier Mortgage Loans at an attractive introductory five-year fixed interest rate of 7 percent p.a.

HNB ranked among Top 10 Most Admired Companies for 4th consecutive year

Sri Lanka’s leading private sector bank HNB PLC was ranked among the top 10 Most Admired Companies in Sri Lanka for the fourth consecutive year.

Hitachi Digital Payment Solutions launches Asia’s first touchless ATM technology

In a first for Asia, Hitachi Digital Payment Solutions (HDPS) has successfully developed a touchless ATM solution, which is currently live at Sri Lanka’s Sampath Bank.

ComBank one of 10 Most Admired Companies in SL for 4th consecutive year

Commercial Bank of Ceylon has once again been included among the 10 Most Admired Companies in Sri Lanka, in the annual list compiled by the International Chamber of Commerce Sri Lanka (ICCSL) in collaboration with the Chartered Institute of Management Accountants (CIMA).