NDB Wealth introduces ‘Money Plus’ account

? Expert financial planner NDB Wealth has introduced its innovative ‘Money Plus’ account, an attractive alternative to savings accounts, as part of its all-new wealth planning solutions range. 

Standard Chartered’s Peter Hatt visits Sri Lanka

?Peter Hatt, Regional Head, Human Resources, ASEAN and South Asia, Standard Chartered Bank, is scheduled to visit Colombo from the 1st to 3rd of December on an official visit to Sri Lanka. 

Another ‘Big Season of Big Discounts’ for Combank cardholders

?As the countdown to the year-end shopping season begins, the Commercial Bank of Ceylon has once again unveiled its ‘Big Season of Big Discounts’ promotion offering attractive discounts for Credit and Debit Cardholders.

Pan Asia Bank excels at NBE Awards

?Sri Lanka’s fastest growing commercial bank, Pan Asia Banking Corporation PLC was recognized for its superlative performance at the recently held National Business Excellence Awards (NBEA) 2015, becoming the only private sector commercial bank to receive the coveted award.    

Janashakthi pioneers unique policy tailored for people with HIV

?In a breakthrough move in the life insurance sector, Janashakthi Insurance has extended life cover to those diagnosed with HIV. 

Softlogic Finance continues high growth trajectory in 1HFY15

Softlogic Finance PLC continued its strong growth momentum in the first half of the 2015 financial year (1HFY15), recording remarkable growth across the board, including double digit improvements in many key indicators.

Sampath Bank to launch Amex Everyday credit card

Sampath Bank, well-known for its innovative solutions, is launching the Sampath Bank American Express (Amex) Everyday credit card in partnership with American Express. The grand launch of this novel credit card is taking place at the Arcade Independence Square today and tomorrow.

Twenty investment professionals earn CFA

CFA Society Sri Lanka is the local member of the CFA Institute, the global association of investment professionals that sets the highest standards of ethics, education and professional excellence. CFS Society Sri Lanka proudly welcomed 20 local investment professionals who have earned the prestigious title of CFA (Chartered Financial Analyst) at its Annual Oration and Awards Ceremony recently.

BOC closes 3Q15 with Rs.16.6bn PBT

Stepping forward with the energetic performance recorded during last year, being the pioneer by recording the highest ever profit in the history, Bank of Ceylon (BOC) has reported Rs.16.6 billion profit before tax (PBT) for the nine months ended September 30, 2015. 

Standard Chartered introduces Seasonal Privileges

Standard Chartered’s credit cardholders are truly privileged this festive season as they are brought an extensive range of purchasing options. The bank’s cardholder’s will be spoiled for choice as the offers are available on select days throughout the month of December at exclusive retail outlets. 

Seylan rewards fans of social and digital media channels

?Social and digital media channels of Seylan Bank are in the forefront of the new age media chapter in   Sri Lanka. 

Ceylinco Insurance becomes only insurer in Sri Lanka’s Top 25 companies

Ceylinco Insurance, once again earned the honour of being the only Insurance Company amongst the top 25 companies in Sri Lanka for the year 2014 / 2015, at a gala ceremony held at the Colombo Hilton recently. 

CSE growth story set for analysis in launch publication

A first-time report on Sri Lanka by the global publishing firm Oxford Business Group (OBG) will explore what’s next for the Colombo Stock Exchange (CSE), while tracking its activity and performance since the end of the war. 

Commercial Bank integrates with BFC’s ‘EzRemit’ for instant remittances to SL

Users of EzRemit, a leading remittance service in Bahrain, who send funds to beneficiaries in Sri Lanka via the Commercial Bank of Ceylon, are now offered an instant, real-time transfer, following the integration of the web systems of the two entities.

UnionPay offers tips to boost holiday sales

According to the Sri Lanka Tourism Development Authority, Chinese tourists are the fastest growing group with over 164,000 visiting the island in the first nine months of this year, which represents a 73.6 percent increase. 

NTB ranked amongst Top 25 Corporates of Sri Lanka

Business Today recognized the leading Top 25 corporate performers in Sri Lanka at an event held recently where Nations Trust Bank, for the first time was honored with such an accolade.

Orient Finance relocates Galle branch

?Orient Finance PLC relocated its Galle branch to a spacious new premises at Colombo road, Kaluwella, in order to cater to the growing demand for their financial products.

Anantaya - Chilaw kicks off festive season with traditional cake mixing

Anantaya Resorts & Spa, Chilaw, part of Laugfs Leisure, kicked off the festive season in style with the traditional Christmas cake mixing ceremony, amidst much enthusiasm and merriment.

NDBIB raises Rs. 5 bn in maiden debenture issue for Access Engineering

NDB Investment Bank Limited (NDBIB), the premier investment bank in Sri Lanka, acted as the Managers and Financial Advisors to the successfully concluded maiden debenture issue of Access Engineering PLC (AEL). 

MasterCard hosts fraud and risk management workshop

?MasterCard hosted a fraud and risk management workshop for electronic payments professionals in Colombo recently.

Findmyloan.lk e-platform loan provider launched

Meeting the ever growing demand for small to large loans, Findmyloan (Pvt.) Ltd, the first-of-its-kind in Sri Lanka, recently launched an online marketplace through affiliate marketing that is unique as both customer centric and web based for maximum efficiency and rapid response. 

Fitch assigns Mercantile Investments and Finance ‘BBB(lka)’

Fitch Ratings Lanka has assigned Mercantile Investments and Finance PLC (MIF) a national long-term rating of ‘BBB(lka)’. The outlook is stable. The agency has also assigned the company’s outstanding senior, unsecured, debentures a national long-term rating of ‘BBB(lka)’.

Jabir promoted as Richard Pieris Finance Executive Director

?Richard Pieris Finance Ltd Chief Executive Officer K.M.M. Jabir has been elevated to the post of Executive Director of the company.

NTB Amex announces first winner of TAG Heuer Aquaracer watches

Ranjith Dharmasena won the first of three TAG Heuer Aquaracer by participating in the promotion by using his Nations Trust Bank (NTB) American Express (Amex) card to pump fuel. 

Hamper bonanza from ComBank for remittance recipients

As the season of good cheer approaches, Commercial Bank of Ceylon (ComBank) has announced it will present 300 hampers of goodies worth Rs.1.5 million to customers who receive remittances via the bank till the end of 2015.

HNB launches next generation website

Hatton National Bank PLC (HNB) launched its brand-new website recently. The new site, which targets both individual and corporate customers, was designed to become a benchmark amongst websites in the banking sector. 

NSB nine-month pre-tax profit up 31% to Rs.9.1bn

National Savings Bank (NSB) reported a profit-before tax of Rs.9.1 billion for the nine months ended September 30, 2015, an impressive growth of 31 percent compared to the same period last year.

NDB Wealth re-launches website with high-tech Wealth Planner Tool

Expert financial planner NDB Wealth has unveiled a new look and feel website, www.ndbwealth.com, in keeping with the recent re-launch of its portfolio of innovative savings products, which have been designed to offer the simplicity and convenience of a bank account but with much higher returns. 

Ceylinco Life opens 4–storey Green branch in Trincomalee

Ceylinco Life has opened its new branch building in Trincomalee, custom-built to a new eco-friendly model adopted by the life insurance leader for branches being constructed on company-owned land.

SLIC together with zMessenger reward Motor Plus customers

Sri Lanka Insurance (SLIC) together with zMessenger (Bigbon) recently held a promotional campaign designed to reward SLIC MotorPlus customers.