Vallibel Finance opens branch in Kaduruwela

?Vallibel Finance continues to expand its footprint across the country with its latest branch opening in the agri hub of Kaduruwela.  

HNB Assurance partners with Prime Grameen to introduce new product

?HNB Assurance recently partnered with Prime Grameen by introducing a competitive life insurance scheme to cover the Prime Grameen loan clientele.

Carmudi.lk partners with Central Finance

?Sri Lanka’s online car classifieds website Carmudi.lk joins Central Finance Company PLC,  enabling their customers to enjoy a discount of up to Rs. 25,000 when leasing a vehicle advertised on Carmudi.lk. 

IBSL to host Asian Insurance Regulators Meeting on July 27 & 28

?The Insurance Board of Sri Lanka (IBSL) will be hosting the 10th annual conference of the Asian Forum of Insurance Regulators (AFIR), on 27th & 28th July at the Kingsbury Hotel, Colombo.

LB Finance records 63% PAT growth in 2014/2015

?LB Finance PLC recorded a profit after tax of Rs. 2.1 billion compared to the Rs. 1.3 billion recorded in 2013/14, a substantial growth of 63 percent. 

HNB and Ashok Leyland join for mega leasing promotion

Hatton National Bank (HNB), the premier bank for leasing,...

Union Bank extends new look to Panadura

Union Bank of Colombo PLC (UBC) recently extended its new look and design to its Panadura branch.

NDB amongst world’s top 4 banks at int’l ALM competition

A team of financial professionals representing National Development Bank PLC...

Seylan, first Lankan bank to reach 200,000 Facebook fans

Seylan Bank reached a social media landmark this week, reaching 200,000 fans...

Pyxle develops new intuitive website for UAG

Pyxle, the nation’s premier Internet solutions company,...

World Bank approves $50mn for ECD in Sri Lanka

?The World Bank Board has approved a US $50 million credit to improve the quality and increase equitable access to early childhood development (ECD) services in Sri Lanka. 

Bill Lisle returns as AIA Sri Lanka Chairman

?AIA Insurance Lanka PLC yesterday announced the appointment of William Bill Lisle as the company’s new Chairman from June 22, 2015, subject to approval of the Insurance Board of Sri Lanka.  

Commercial Credit growth continues as profits reach Rs.2.1bn

?Commercial Credit and Finance PLC, one of Sri Lanka’s leading finance companies, posted an impressive 108.7 percent growth in net profits for the financial year ended March 31, 2015 to reach Rs.2.1 billion. 

Regional Head of Middle Market Enterprises in town

?Tim Evans, the Regional Head of Middle Market Enterprises, Asia Pacific HSBC who oversees 19 markets including Sri Lanka, is in the country on a two-day visit to meet with customers, senior management and staff of the bank.

NITF- Lanka Hospitals tie-up boosts state healthcare services

?In a groundbreaking development in national healthcare, The National Insurance Trust Fund (NITF) has entered into an affiliation with Lanka Hospitals, offering government employees access to high quality private healthcare services at affordable costs. 

MasterCard meets PM to reaffirm support

?A senior delegation headed by MasterCard’s Co-President - Asia Pacific, Ari Sarker and Executive Director - South Asia, Vikas Varma paid a courtesy call to Prime Minister Ranil Wickremesinghe earlier this week.

SLICM introduces online learning in Credit Management

Sri Lanka Institute of Credit Management (SLICM) is a professional body enacted by an Act of Parliament with the mandate to offer education and training related to credit to Sri Lankan corporate entities. 

BOC selects Intellect One Treasury Solution to boost treasury mgt for India operations

?Intellect Design Arena Ltd, a specialist in applying true digital technologies across banking & insurance, announced that Bank of Ceylon (BOC) 

NDB offers 30% savings for credit cardholders during ‘Super Shopaholic’ weekends

?This June and July, NDB Good Life Credit Cardholders will have the opportunity to enjoy sizeable savings while shopping at their favourite clothing stores. 

ComBank makes dream of being a millionaire achievable

?Commercial Bank of Ceylon PLC (ComBank), Sri Lanka’s benchmark private sector bank, has just launched a new, aspiration-linked savings account that offers account holders an opportunity to become millionaires in a short span of two to six years.

LB Finance records significant growth in PAT by 63% in 2014/2015

?LB Finance PLC recorded a profit after tax (PAT) of Rs.2.1 billion compared to the Rs.1.3 billion recorded in 2013/14, a substantial growth of 63 percent.

First Capital Holdings concludes 2014/15 with solid financial performance

?First Capital Holdings PLC has reported notable growth in performance during the 2014/15 financial year. The company has recorded a consolidated profit after tax of Rs.997 million for the year 2014/15.

BoC-GMOA sponsor medical interns’ website

?Bank of Ceylon (BoC) recently joined with the Government Medical Officers’ Association (GMOA) to upgrade the medical interns’ website www.medicalinterns.lk.

LOLC felicitates outstanding Business Introducers

?The Small and Medium Enterprises Business Unit of Lanka ORIX Finance PLC (LOFC) recently felicitated 21 Business Introducers (BIs) for their exceptional performance during the months of April and May this year. 

AxIB launches reinsurance brokering, actuary advice operations

Ax Insurance Brokers (Pvt.) Ltd (AxIB) launched its operations last week to provide the insurance industry of Sri Lanka with reinsurance brokering and actuary advice, in partnership with NMG Consulting, the largest provider of general insurance actuary advice in Sri Lanka.

NDB educates SME entrepreneurs on sustainable business practices

?National Development Bank PLC (NDB) recently introduced a programme to educate small and medium entrepreneurs (SME) on environment and social management processes.   

Amex offers interest-free instalment plans for travel

?Be it a stroll along the Champs Elysee or the temptations of the fashion capital that entices you. Be it the adrenalin rush at the vibrant bazaars of Marrakech that excite you or the picturesque Switzerland that feeds the travel bug in you.

Standard Chartered certified as Sri Lanka’s First Carbon-Conscious Bank

?Standard Chartered was certified by the Carbon Consulting Company as Sri Lanka’s First Carbon Conscious Bank. The certification is awarded to business entities that have calculated the footprint and have implemented a comprehensive Carbon Management Program.

LB Finance joins hands with Toyota Lanka to promote Prius C

?LB Finance which is one of the leading brands in leasing industry, has joined hands with another prestigious brand, Toyota to promote Prius C (Toyota).  

HNB joins hands with Sathosa Motors for mega leasing promo

Hatton National Bank (HNB) has joined hands with Sathosa Motors PLC to promote Isuzu vehicles, with a host of benefits and value additions for customers.