NDB payments and settlements process recognised by Deutsche Bank New York

NDB Bank’s payments and settlements process which is one of the best in the market has won international recognition for quality, timeliness and straight through processing of international payments effected.

Commercial Credit among Business Today’s Top 30

Commercial Credit and Finance PLC, one of Sri Lanka’s premier financial services organisations was presented the prestigious Business Today Top 30 award for the year 2016/2017.

ComBank shares knowledge with Achchuveli’s micro entrepreneurs

Commercial Bank’s Achchuveli branch and the bank’s Development Credit Department (DCD), recently conducted a seminar in collaboration with the Central Bank of Sri Lanka, for 162 micro entrepreneurs in the Achchuveli area, one of the major centres of agriculture in the Jaffna peninsula.

Strong foreign inflows to govt. securities, stocks continue

Despite the slower than expected improvement in the current account, the financial account of the balance of payment (BOP) was strengthened during the month of September with continuous foreign inflows, the Central Bank said.

Commercial Bank opens 257th branch in Katana

The Commercial Bank of Ceylon has opened its 257th branch in Sri Lanka in Katana, further expanding its presence in the Gampaha District.

LIC Lanka growth trajectory improved as at 3Q17

LIC (Lanka) Ltd, a joint venture life insurance company between Life Insurance Corporation of India, the global insurance giant, and the Bartleet Group of Companies of Sri Lanka, has further improved its growth trajectory as at 3Q17.

Seylan Bank annouces ‘My Kind of Christmas’

With the merry season approaching fast, Seylan Bank offers spectacular deals coupled with bigger benefits on a range of assortments to fulfill the big aspirations of its cardholders.

HNB unveils seasonal offers for cardholders

Infusing this festive season with the spirit of celebration, Sri Lanka’s premier retail bank, HNB, invited all of its customers to be their own Santa with the launch of the bank’s popular seasonal card promotion.

Sampath Bank’s payeasy.lk now bigger and better

While the advent of online shopping and online bill payments has made lives a bit more convenient, people are still faced with having to visit multiple websites and payment portals, one for each specific task.

Plethora of exclusive benefits for Seylan NRFC & RFC account holders

Reiterating its value as the ‘Bank With The Heart’, Seylan Bank has enhanced the offerings of ‘Rewards Scheme (Thilina Sayura)’ to enable Non-Resident Foreign Currency and Resident Foreign Currency account holders with definite cash rewards along with many other benefits during one’s special moments in life. 

ACCA holds workshop on smart decision making

The Association of Chartered Certified Accountants (ACCA) has always considers Continuous Professional Development  (CPD )  a key factor that has contributed towards providing their students and members  with the knowledge and skills  they  need to excel in their careers and  advance the business skills required for their day-to-day jobs, as well as enhance their employability for the future.

RDB Bank relocates Bandarawela branch

Regional Development Bank (RDB) relocated its Bandarawela branch to a more spacious and a conveniently accessible location at Dharmavijaya Mawatha, Bandarawela in a bid to provide a better and modern service experience to customers in the area.

CSE strategic partner for CA Sri Lanka’s 53rd Annual Report Awards

The Colombo Stock Exchange (CSE) has once again renewed its support for the 53rd Annual Report Awards Competition organized by the Institute of Chartered Accountants (CA Sri Lanka) by coming on board to power the prestigious competition as a strategic partner.

Amana Takaful group records 3Q profit of Rs. 128 mn

Amana Takaful groups’ growth and profit momentum continues into the 3rd quarter netting in a pre-tax result of Rs. 128.5 million for the period ending September 2017. This compares with a loss of Rs 96.5 million in the same period last year.

ComBank and Hayleys Agriculture support farmers with leasing promo

The Commercial Bank of Ceylon and Hayleys Agriculture Holdings Ltd.have joined forces to offer attractive discounts, competitive rentals and special schemes to customers leasing agricultural machinery marketed by the latter. 

ComBank to replace current digital platform with Fiserv solutions

Fiserv, Inc., a leading global provider of financial services technology solutions, announced that Commercial Bank of Ceylon will replace its current digital platform with an integrated digital banking solution from Fiserv to speed the delivery of new capabilities that meet the needs of retail and corporate customers. 

Nations Personal Investment Plan introduces guaranteed investment for your future

Nations Personal Investment Plans by Nations Trust Bank offers a guaranteed interest rate of 9 percent p.a for the period of investment.

Contribute to your dreams with NDB Wealth

This festive season consider investing in a regular savings plan instead of splurging everything on gifts for family and friends. 

Sarvodaya Development Finance records Rs.28mn net profit in 1H

Sarvodaya Development Finance has shown significant growth based on the 6 months financial results ending 30th September 2017. 

NDB’s payments and settlements process receives global recognition

NDB Bank’s payments and settlements process has once again won international recognition for quality, timeliness and straight through processing of international payments effected.

DFCC Bank inaugurates Matara City Branch

Expanding its reach across the country, DFCC Bank recently opened its second fully-fledged branch in Matara. The new branch will be known as DFCC Bank’s ‘Matara City Branch’.

Banks’ Chief Internal Auditors appoint new Executive Committee for 2017-2018

Chief Internal Auditors of Banks Forum is a body formed to share best practices, knowledge and to strengthen fellowship amongst Chief Internal Auditors in banks. The membership of this forum consists of Chief Internal Auditors of all commercial and specialized banks in Sri Lanka. The forum appointed new office bearers recently.

Sensational savings this season with Union Bank debit cards

Union Bank Debit cardholders will have the opportunity to enjoy sizeable savings on their seasonal shopping with a range of discounted offers on clothing, textiles, accessories, electronics, groceries, stationery, homeware and furniture at leading retail outlets island wide.

Epic partners APBSL as platinum sponsor for 29th Anniversary Convention

Epic Technology Group, synonymous for innovative and superior ‘FinTech’ solutions has partnered with the Association of Professional Bankers - Sri Lanka (APBSL), as Platinum Sponsor for its 29th anniversary convention titled ‘Changing Dynamics - Bank of the Future’.

Insurance industry records 14% in GWPs growth in 1H17

The insurance industry recorded a growth of 13.87 percent, in terms of Gross Written Premium (GWP), during the first half of year 2017 when compared to the same period in the year 2016. This growth is relatively lower than the growth experienced in 1H16, i.e. 17.01 percent.

HSBC introduces World Corporate MasterCard to Sri Lanka

HSBC is pleased to introduce the World Corporate MasterCard to Sri Lanka. Accepted at 34 million merchants worldwide, the HSBC World Corporate MasterCard is primarily for corporate clients, catering to their need for more flexible payment solutions.

Allianz Lanka keeps up impressive growth momentum through 3Q17

Allianz Lanka continued to maintain its impressive performance across its general and life businesses through the nine months ended September 30th, 2017.

Amana Takaful celebrates World Fisheries Day highlighting Samudra Shakthi benefits

Amana Takaful (ATL) recently celebrated World Fisheries Day by highlighting the benefits of its ‘Samudra Shakthi’ insurance cover for both small and large-scale fishermen and commercial fishing companies.

FHASL signs MoU to conduct study on non-banking financial institutions

The Finance Houses Association of Sri Lanka (FHASL), the APEX body for Licenced Finance Companies in Sri Lanka recently signed a Memorandum of Understanding (MOU) with the Management Faculty of the University of Colombo for the later to conduct a sector study on the role of non-banking financial institutions (NBFIs) in Sri Lanka.

MBSL wins International Europe Award for Quality 2017

Confirming the international quality standards of its offerings, Sri Lanka’s homegrown financial services provider, Merchant Bank of Sri Lanka and Finance PLC (MBSL) won the prestigious International Europe Award for Quality 2017, at the Global Trade Leaders´ Club, held recently at a glittering ceremony in Paris, France.