Pan Asia Bank offers high rates, valuable gifts for deposits this Avurudu

?Sinhala & Tamil New Year is an event that brings Sri Lankans from all walks of life together where they look forward to the auspicious times to spruce up their homes and give gifts to their loved ones. 

Fitch publishes Amana Bank’s rating of ‘BB(lka)’; Outlook Stable

?Fitch Ratings Lanka has published Sri Lanka-based Amana Bank PLC’s (Amana) National Long-Term Rating at ‘BB(lka)’ with a Stable Outlook. Amana’s rating reflects its small and developing domestic franchise, and limited track record.

NSB gears to serve Eastern Province better with new branches

?National Savings Bank (NSB) recently opened two new branches in the Eastern province. NSB Thambiluvil and NSB Periyakallar branches would offer the clients the Bank’s full range of products and services.

Sampath Bank takes to the Cloud to improve service efficiency

?Sampath Bank PLC takes to the cloud and joins the current trend Global giants of revolutionizing their servers to cloud computing that will enable a company to be faster, efficient and provide its customers with a more personalized service. 

Cargills Bank to join Sri Lanka’s largest Common ATM Network

?Cargills Bank joins Sri Lanka’s Largest Common ATM Network, introducing yet another service which enables its customers to enjoy island wide access at over 2500 ATMs connected on the “LankaPay” network tomorrow. 

Pan Asia Bank offers 5.5% for savings accounts

?Pan Asia Bank offers the highest interest rate of 5.5 percent (AER5.65 percent) for savings deposits through its flagship savings product ‘Champion Saver’.  This interest rate is amongst the highest for a savings account offered by licensed commercial banks in Sri Lanka. 

HNB holds Avurudu Pola from April 4-10 island wide

?The Avurudu Pola 2015 organized by the Gami Pubuduwa micro finance programme of Hatton National Bank (HNB) will be held across the country in the period leading up to the Sinhala and Hindu New Year, opening up sales and market opportunities for micro entrepreneurs.

ComBank and HNB tie-up with WKFS to implement IFRS in Sri Lanka

Commercial Bank PLC and Hatton National Bank (HNB) recently joined hands with Walters Kluwer Financial Services (WKFS) and its local partner Providence Holdings (Pvt) Ltd to implement International Financial Reporting Standards (IFRS).

Seylan Bank celebrates 27 years of service

Seylan Bank, the Bank with a Heart, celebrated its 27th anniversary recently.  

Amex – Card for all Seasons

As Avurudu approaches and festivities draw nearer,...

On President Sirisena’s maiden visit to China

President Maithripala Sirisena’s Chinese visit began on March 25, 2015.

Amana Bank opens first off-site ATM in Mount Lavinia

Amãna Bank recently inaugurated its first remote ATM at the premises of Fantasia Elastics (Pvt.) Limited in Mount Lavinia.

Capital Alliance tops Global Banking and Finance Review Awards 2015

Capital Alliance (CAL), Sri Lanka’s leading full service investment bank, ...

Insights on fixed income investing fundamentals by CAL

Capital Alliance (CAL), Sri Lanka’s leading full service investment bank,...

Janashakthi’s motor insurance sets industry benchmark: Janashakthi COO

?Falling fuel prices led to a significant increase in vehicle registrations in January, with 4,928 units being registered up from 4,311 in December and 1,958 units a year ago, a report from JB Securities said. 

Emergency medical assistance services for ATL customers

?As part of its promise to make insurance open to all, Amãna Takaful (ATL) recently partnered with Falck Sri Lanka to provide its individual medical insurance policyholders with access to world-class emergency medical services (EMS).

United Motors-HNB Leasing to offer financing facilities for Mitsubishi vehicles

United Motors Lanka PLC (UML), a leader in the automotive industry, signed a Memorandum of Understanding with HNB Leasing to offer its customers attractive financing facilities for its range of Mitsubishi vehicles. The range includes cars, SUVs and double cabs.

Honour and awards for top performers at AIA Sri Lanka

?Top-rung sales performers at AIA Sri Lanka were singled out for honour and recognition at a gala awards night that packed the grand auditorium at the BMICH last week with over 1000 wealth planners and wealth planners’ managers. 

KPMG announces Rajesh Harsha Rajan as its new Partner

?KPMG in Sri Lanka, a member firm of the KPMG network of independent member firms announced that Rajesh Harsha Rajan has been appointed as a Partner of the firm with effect from 1stApril 2015.

NEF declares higher dividends for CY14

National Asset Management Limited (NAMAL) paid a dividend of Rs.1.50 per unit to the unit holders of the flagship National Equity Fund (NEF) for the year ended March 31, 2015.

‘Avurudu’ discounts at 47 retailers for ComBank cardholders

?Credit and debit card holders of Commercial Bank of Ceylon have once again been presented with an opportunity to save as they shop this Avurudu season, as a result of special discounts negotiated for them by Sri Lanka’s largest private bank.

Asian Alliance Insurance enters Kilinochchi

?The newest addition to the regional distribution Network of Asian Alliance Insurance PLC was ceremoniously opened at A9 Road, Kadirapokku Junction, Kilinochchi recently. 

Ceylinco Life leads for 11th year with Rs 18.5 bn income

?Ceylinco Life has reported total income of Rs 18.54 billion for the 12 months ending 31st December 2014 with premium income of Rs 12 billion, emphatically retaining its position as the country’s largest life insurer for the 11th consecutive year.

HNB’s Chiranthi Cooray wins Global HR Leadership Award

?Taking Sri Lankan HR leadership to international frontiers, L Chiranthi Cooray, was the recipient of the Global HR Excellence HR Leadership Award by the World HRD Congress at a ceremony held at the Taj Lands End Hotel, Mumbai, India on February 15th.

Bank of Ceylon excels at JASTECA Awards

?Bank of Ceylon won multiple awards for its implementation of the “5 S” concept in branches and became the only bank to win awards at the 19th Japan Sri Lanka Technical and Cultural Association (JASTECA)- Taiki Akimoto 5S Awards ceremony. 

Archetyping beyond Warrior CEO

?The 12 archetypes or patterns of behaviour identify the personality makeup and leadership style of chief executive officers (CEOs) and emerging leaders. Most CEOs only display their Warrior but each archetype has its positive and Shadow energies.

People’s Bank posts best ever financial results in 53 years

People’s Bank closed 2014 with an impressive performance, attesting that it continues to remain the ‘Pulse of the People’.   Posting the milestone of Rs 1 trillion in its balance sheet, only the second bank in Sri Lanka

Manjula to resign from HNB Assurance

?HNB Assurance Managing Director Manjula De Silva has tendered his resignation, the company informed the Colombo Stock Exchange last Friday. The resignation has been accepted by the HNB Assurance board with effect from March 31, 2015.

NTB Debit Cardholders win iPhones

?Nations Trust Bank PLC is giving away an Iphone 6 every week to their MasterCard Debit Cardholders, for a period of eight weeks; during the month of March and April under the promotion “Swipe your Nations Trust Bank Debit Card and win an iPhone 6 every week”. 

MasterCard ‘Diners’ Delight’ offers scrumptious spread for Avurudu

?Giving cardholders yet another reason to revel in the Sinhala and Tamil New Year festivities with friends and family, MasterCard brings back its ‘Diners’ Delight’ program to Sri Lanka.