Amana Bank introduces instant SMS alerts

Amana Bank in line with its ongoing digital focus has launched instant SMS alerts on key banking transactions to keep customers updated as and when they occur.

Pan Asia Bank accoladed at 17th SLIM NASCO awards

Pan Asia Bank Consumer Assets Sales Manager Sithira Gamwarige and Consumer Loan Sales Executive Amila Fernando won the Gold and Silver awards for Territory Manager and Executive Grade categories respectively  under the Banking Category at the recently held the 17th SLIM NASCO awards ceremony.

ComBank engages in knowledge sharing with Kilinochchi farmers

The on-going initiative of Commercial Bank of Ceylon to develop entrepreneurship in the Micro and SME sectors has benefitted the farmers of Kilinochchi by empowering them with information on best practices that make paddy cultivation profitable. 

NTB holds Sri Lanka’s first Fintech Hackathon

The Kaffeine Lab, Nations Trust Bank’s (NTB) innovation centre on Gregory’s Road, came alive recently as the bank hosted the first Fintech Hackathon in the country. 

SampathCards begins season with host of offers

SampathCards is enabling the cardholders begin the holiday season with a host of amazing offers that help them indulge themselves in the best that the season has to offer. 

Union Assurance sees new business growth in 3Q; Fairfirst performance encouraging

Union Assurance PLC recorded growth in new business during the July-September (3Q17) quarter over its preceding three months as the life insurer posted strong gains in premium incomes for the period. 

Amãna Takaful wins at SLIM-NASCO 2017

Amãna Takaful Life PLC (ATL Life) was recognized for its sales professionalism at the recently concluded SLIM-NASCO 2017 Awards.

Primary dealer operations boost First Capital 2Q

First Capital Holdings PLC saw its net profit for the September (2Q18) quarter increasing 18.6 percent year-on-year (YoY) to Rs.340.4 million, largely helped by the primary dealer operations of the group, the interim financial accounts released to the Colombo bourse showed.

Investment options beyond fixed deposits and savings accounts

The majority of Sri Lankans invest their hard earned money in banks and finance companies in the form of fixed deposits and savings products. However, there are a number of other financial instruments available for investment for retail investors which includes the following. 

What does 4th industrial revolution mean for Sri Lanka’s financial services industry?

Microsoft’s Asia Digital Transformation Survey (2017), involving 1,494 business leaders in 13 Asia Pacific markets, found that 81 percent of Financial Services Industry (FSI) leaders believethey need to transform to a digital business to enable future growth. 

DFCC Bank empowers sales team with ‘SalesTalk’

DFCC Bank continues its commitment to the digital transformation of the country’s financial sector by using digital connectivity to engage with their customers. 

BOC offers seasonal discounts on debit and credit cards

The time has come to celebrate with families and friends, exchanging gifts to share the joy of the season. 

Combank brings festive cheer with discounts up to 55% on top brands

The festive season is upon us and more than 200 exciting brands have signed on to offer incredible discounts to Commercial bank’s credit and debit cardholders, over the next six weeks.

Vallibel Finance unveils newest branch in Hanwella

Vallibel Finance unveiled its latest branch in Hanwella, with a pledge to support the development forays of this historic locality.

Fortunaglobal introduces Affluence Soft Token to enhance digital security for banking

Colombo-based Fortunaglobal (Pvt.) Ltd, a leader in omni-channel banking software solutions for Sri Lanka’s Fintech sector has started rolling out its software token solution to local banks.

UB Finance launches ‘Build-it’ fixed deposit scheme

Delivering on its promise to offer a better deal to customers, UB Finance announced the launch of the ‘Built-it’ fixed deposit account in October 2017.

ADB recognizes Bank of Ceylon at TFP Awards

Bank of Ceylon was awarded the title ‘Leading Partner Bank in Sri Lanka’ with the Asian Development Bank (ADB) under the ‘Trade Finance Programme’ (TFP) at the ADB’s TFP Awards held in line with the Global Trade Review’s Annual Conference in Singapore.

People’s Bank installs ATM at Ella railway station

People’s Bank recently unveiled an ATM at Ella Railway Station. The ATM provides the convenience of withdrawing cash 24 hours a day, 365 days a year.

Softlogic Life records 28% growth with 5.3bn GWP in nine months

Softlogic Life Insurance PLC has more than doubled market growth recording Gross Written Premiums of Rs.5.283 billion an increase of 28.3 percent for the nine months ending September 2017 compared with the previous year.

Pan Asia Bank felicitates long standing staff

Pan Asia Bank, recently held a felicitation ceremony to recognize 52 of its long standing team members who have served the bank for over 10 years.

MMBL-Pathfinder Group launches ‘Pathfinder - Money’ to service tourism industry

MMBL-Pathfinder Group has launched ‘Pathfinder - Money’, a Central Bank approved money changing service to cater to the fast growing tourism industry in Sri Lanka.

Standard Chartered’s outstanding wipe out rewards first winner

Anura H. Siriwardena became the first winner of Standard Chartered’s credit card outstanding wipe out.

Fairfirst Insurance holds knowledge-sharing workshop for banking partners

Fairfirst Insurance Limited recently concluded a knowledge-sharing workshop for two of its exclusive banking partners. 

Seylan relocates Siyambalanduwa, Kottawa branches

Providing enhanced banking convenience to its customers in Siyambalanduwa and Kottawa, Seylan Bank recently relocated both branches into more spacious and convenient locations.

Union Bank strengthens network with new Bandarawela branch

Union Bank extended its footprint in the Uva Province with the opening of its 67th branch at No: 348, Badulla Road, Bandarawela. 

DFCC Bank launches ‘Premier Go’ interactive app

DFCC Bank PLC launched ‘DFCC Premier Go’, the first-ever premier banking app in the industry, exclusively for its Premier customers, at a special launch event held recently, at DFCC Bank’s Executive Lounge.

ComBank wins dual honours at Int’l Finance awards

Commercial Bank of Ceylon has been honoured on the international stage with two more prestigious awards, being adjudged ‘Best Green Bank’ and ‘Best Private Bank’ in Sri Lanka by International Finance Magazine (IFM) of the UK, which is read in over 185 countries worldwide.

DFCC September profit hurt by fair value losses on forex, higher credit cost and overheads

DFCC Bank PLC reported strong top line growth supported by robust core banking performance during its September quarter (3Q17) on strong loan growth but the bottom line was hampered due to a multitude of factors. 

Sampath Bank unveils drive-through ATM at Colombo Super Branch

In line with its commitment to providing the highest levels of service to its customers, Sampath Bank commissioned a drive-through automated teller machine (ATM) at its Colombo Super Branch premises, located at No: 103, Dharmapala Mawatha, Colombo 7

Moody’s says outlook for global sovereigns stable

Moody’s Investors Service (Moody’s) said that its outlook for sovereign creditworthiness in 2018 is stable overall, with the healthy growth and synchronized global economic expansion of 2017 likely to continue into 2018.