Ceylinco General Insurance customers to receive digital policies and certificates

Envisioning a greener digital future, Ceylinco General Insurance has commenced issuing its policies and certificates in digital form, thereby offering greater convenience to its customers.

Allianz Lanka ranks #1 as Loyalty Leader in Global NPS Survey 2022

Allianz Lanka announced that its recently conducted Global NPS Survey results indicate that Allianz Lanka is currently leading in the market, achieving the Loyalty Leader position amongst the competition.

Softlogic Stockbrokers launches digital on-boarding

Softlogic Stockbrokers, the full-service brokerage arm of Softlogic Capital PLC, recently made waves in the financial services sector by introducing an industry-first digital solution for new investors joining the Colombo Stock Exchange.

HNB recognised as Market Leader, Best Service in Trade Finance by Euromoney

Sri Lanka’s leading private sector bank, HNB PLC, continued to showcase its market leadership in international trade services after being declared Sri Lanka’s ‘Best Service in Trade Finance’ and ‘Market Leader in Trade Finance’ for 2023 by the Euromoney Magazine.

CSE enables REPO transactions between eligible investors operating through same trading participant on OTC Platform

The Colombo Stock Exchange (CSE) announced the amendment of Trading Rules on the Over the Counter (OTC) Platform, where Repurchase (REPO) transactions in Corporate Debt Securities would be permitted between two (2) eligible investors operating through the same trading participant.

Over 100 participants from Sri Lanka and Maldives participate in climate finance seminar

More than 100 participants from Sri Lanka and the Maldives joined in a workshopon how to access the international instruments of climate finance.

ComBank conducts awareness programme to make entrepreneurs export-ready

The Commercial Bank of Ceylon recently conducted an awareness programme for 110 micro, small, and medium entrepreneurs (MSMEs) in the food and beverage sector, to equip them with the knowledge necessary to develop their businesses to enter the export market.

Epic Lanka welcomes milestone year with traditional celebration

Epic Lanka, the Sri Lankan pioneer in digital transformation and payment solutions, welcomed the New Year with a traditional celebration at Epic Techno Village recently.

Union Bank recognised for transparency in Corporate Reporting

Union Bank was recognised within the Top 100 public limited companies in Sri Lanka for transparency in corporate reporting as a result of the Corporate Reporting Assessment carried out by Transparency International Sri Lanka (TISL) for the year 2022.

HNB Assurance Group PAT grows 50% to Rs. 1.8 bn; GWP up by 24%

HNB Assurance PLC (HNBA) and its wholly owned subsidiary HNB General Insurance Limited (HNBGI) ended 2022 in spectacular fashion with the Group figures indicating a growth in Profit After Tax (PAT) of 50 percent to Rs. 1,830.5 million for the year ended December 2022 compared to Rs. 1,223.6 million recorded a year earlier.

ComBank celebrates twenty years of remittance operations in Kuwait

A colourful celebration enlivened by Sri Lankan performers set the stage for a commemorative event organised by the Commercial Bank of Ceylon recently to mark 20 years of remittance operations in the State of Kuwait.

NDB Bank receives Carbon Footprint Certification

National Development Bank PLC (NDB) concluded the GHG assessment and verification for the entire organisation for the FY 2021.

Hemas brings age-old hela osu with new product range ‘Prasara’

Hemas Manufacturing recently made a new addition to its personal care portfolio by adding an ayurveda product range under the banner ‘Prasara’.

CTC retains position as ‘Top Employer’ for third consecutive year

Ceylon Tobacco Company PLC (CTC) retains its position as a Top Employer as certified by the Top Employer Institute for the third consecutive year, reiterating the company’s commitment towards upholding a culture built on robust People strategies and practices.

People’s Bank named among Top 20 Employers by AICPA & CIMA

People’s Bank announced that it has been named among the top 20 employers among AICPA & CIMA members in recognition of the bank’s contribution to the growth of management accountancy in Sri Lanka.

LOLC’s inclusive finance platform transforming global communities

Success didn’t happen overnight for U Thant Zin, nor did it come easily. U Thant Zin is a paddy farmer in Auglan, Myanmar. For smallholder farmers like him, the lack of collateral and expertise in the agricultural sector remain significant barriers to obtaining financing.

DFCC Bank launches monthly E-Calendar for customers

DFCC Bank has taken an innovative step to promote resilience and adaptability in the face of changing times by rolling out a Monthly E-Calendar for 2023.

Visa announces senior leadership changes in Asia Pacific

Visa, the world’s leader in digital payments, announced two senior leadership changes in the Asia Pacific region, with Chris Clark elevated from Regional President to Chairman,

NTB unveils refreshed suite of digital banking for customer convenience

Nations Trust Bank (NTB) has unveiled a fresh suite of digital banking to enhance its customer experience via Nations Direct, the bank’s digital banking platform.

NDB’s Dimantha recognized as Best Banking CEO of 2022

Dimantha Seneviratne, Director/ CEO of National Development Bank was recently felicitated with the life time award of the Best Banking CEO of 2022, by the CEO Sri Lanka Magazine, in recognition of his contribution to the progress of the Sri Lankan banking sector, in one of the most turbulent years.

Ceylinco Life wins World Finance ‘Best Life Insurer in Sri Lanka’ title for 9th year

Ceylinco Life has emphatically reaffirmed its status as the country’s top life insurance company, winning the World Finance award for ‘Best Life Insurer in Sri Lanka’ for the ninth consecutive year in 2022.

Hatch partners with HDFC Bank to provide exclusive credit facility for its startup community

In a one of a kind collaboration; Hatch, the award winning co-working space, start-up incubator and accelerator is partnering with HDFC Bank as their official banker, to give its community of startups access to an exclusive loan facility, the benefits of which will support these startups in strategically growing their business in the face of Sri Lanka’s challenging economic climate.

HNB Assurance produces extraordinary 194 MDRT qualifiers

HNB Assurance PLC (HNBA) produced a total of 194 Million Dollar Round Table (MDRT) qualifiers in 2022.

ComBank upgrades Q+ Payment App to introduce ‘Send Money’ fund transfers facility

The Q+ Payment App, another state-of-the-art product of Commercial Bank of Ceylon, which uses a cutting-edge technology, has scaled new heights in technology-enabled convenience with the addition of several new features that enable different methods of fund transfers and flexible payment scheduling options similar to standing orders.

Amãna Bank conducts Governance Risk Compliance Forum

Amana Bank recently conducted its Governance Risk Compliance (GRC) Forum at Mandarina Hotel. The GRC Forum focused on the integrated collection of capabilities and global best practices that enables the bank to reliably achieve its objectives while addressing uncertainty and ensure compliance through principled performance.

Cargills Food City offers 5% off on customers’ total bills for foreign remittance withdrawals

In an effort to support customers receiving inward remittances, Cargills Bank has partnered with Cargills Food City to provide a 5 percent discount on customers’ total bills, when they withdraw remittances at any Cargills Food City outlet, island wide.

HNB partners with Pay&Go to enable card acceptance solutions for SMEs

Further strengthening the partnership with MegaPay (Pvt) Ltd, one of Sri Lanka’s largest private sector banks, HNB PLC partnered with Pay&Go, a leading digital payment solution provider, to introduce an accessible and affordable card payment acceptance solution for Small and Medium Enterprises (SMEs) in Sri Lanka.

AIA Insurance appoints Sasith Bambaradeniya as CMO

AIA Insurance recently announced the appointment of Sasith Bambaradeniya as its Chief Marketing Officer (CMO), effective January 2023.

SLI recognises top sales achievers at Star Awards 2021

Sri Lanka’s pioneer insurer Sri Lanka Insurance (SLI) recognised and celebrated its top sales achievers for their outstanding performance during the year of 2021, at the most glamorous event of the year on the SLIC calendar – Star Awards 2021, hosted at Monarch Imperial, recently.

Aitken Spence wins Diversified Holdings sector award at BCCS Awards 2022

Aitken Spence PLC once again showed a stellar performance and was crowned as the sector award winner in the Diversified Holdings category and the winner of Demonstrated Resilient Practices for COVID-19 context.