Pan Asia partners with Small World for instant cross-border money transfers

Pan Asia Banking Corporation (PABC) has partnered with the leading money transfer service provider Small World Financial Services to enable instant cross-border money transfers to bank accounts in Sri Lanka. 

NTB COO speaks about digital future of banking

In embracing digital banking, Nations Trust Bank PLC (NTB) strongly believes that change is needed within the organisation and the financial services sector as a whole for it to survive and thrive in the future.

Seylan Cards ‘Travel the Island’ offers exclusive privileges

Reiterating its value as the card for travel and leisure, Seylan Cards ‘Travel the island’ is now offering big savings, convenient payment plans and exclusive privileges for its cardholders to explore Sri Lanka’s most exotic destinations. 

PCIASL-VISA Risk Symposium 2017

PCIASL-VISA Risk Symposium 2017, organised by the Payment Card Industry Association of  Sri Lanka (PCIASL) and Visa International, was held at Union Ballroom, Hilton Colombo Residences recently.

Gifts galore with new NDB children’s savings account

NDB’s new children’s savings account provides great incentives for children to accumulate savings by rewarding them at progressive milestones with exciting gifts. While this contributes to building a savings habit amongst the children, it also provides the parents a great tool to help build a children’s savings fund for their children that would be available when their child is 18 years old. 

People’s Bank introduces digital banking in Kandy

People’s Bank Kandy Digital Banking Branch was inaugurated under the patronage of Chief Executive Officer and General Manager of People’s Bank N. Vasantha Kumar at 640 A, Peradeniya Road, Kandy recently.

Combank adjudged Most Responsible Bank in Sri Lanka by CFI

The Commercial Bank of Ceylon has been adjudged the ‘Most Responsible Bank’ in Sri Lanka by the London based print journal and online resource ‘Capital Finance International’ (CFI) which reports on business, economics  and finance.

SDB Galle branch shifted to new location

Sanasa Development Bank PLC Galle branch relocated to its new premises on 2nd October, 2017. SDB Galle branch was shifted to No.15, Wackwella Road, Galle with the objective of providing more convenient and efficient service to its customers with more sophisticated facilities.

Mastercard arms issuers with predictive tool to combat account related fraud from data breaches

With speed being a critical factor in fighting fraud, Mastercard announced the launch of Early Detection System.

Galle Investor Forum attracts large crowd

The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) embarked on a series of Investor Forums titled “kotas welenda pola: nagarayen nagarayate” throughout the country.

Richard Pieris Finance achieves 80% PAT growth

Richard Pieris Finance has achieved a tremendous improvement in profit within just four years, with a profit after tax (PAT) of Rs.388 million, which is higher than the expected. It’s a huge escalation compared to last year, with an 80 percent growth of PAT. 

Dr. Rohan Karunaratne appointed as Arpico Finance Chairman

Veteran professional and entrepreneur, Dr. Rohan Karunaratne, has been appointed as the new Chairman of Arpico Finance Company PLC (AFCP). 

Softlogic Life Insurance honours 2017 Million Dollar Round Table winners; seeks to build MDRT force

Sri Lanka’s fastest growing life insurer, Softlogic Life Insurance PLC, recently conducted a biannual congress to recognize its Million Dollar Round Table (MDRT) winners who took part in MDRT Annual Conference 2017, which was held in Orlando, USA. 

Seylan comes forward to celebrate Tikiri Children’s Month again

Revitalising its excellence in minor savings accounts for over 26 years, Seylan Tikiri, Sri Lanka’s leading children’s savings account, has once again come forward to celebrate Seylan Children’s Month, coinciding on the World Children’s Day for the fourth consecutive year, with a host of exciting events, coupled with attractive gift schemes planned across the bank’s islandwide branch network. 

OBD additives to fasten decomposition of plastics and polythene

In the aftermath of the decision by the government to ban the use of polythene lunch sheets, rigifoam boxes and shopping bags, with effect from the beginning of this month, New Nawaloka Trading is introducing oxo-biodegradable (OBD) additives so that they could convert long-life polyolefin plastic bags to degrade after a pre-programmed lifespan of complete mechanical integrity.

Seylan Bank partners Construct Exhibition 2017 for 2nd consecutive year

Seylan Bank partnered Construct Exhibition 2017 as the official banker for the second consecutive year. 

ComBank receives two awards from Asiamoney

Commercial Bank of Ceylon recently received two prestigious international awards from Asiamoney, for the ‘Best Domestic Bank’ and ‘Best Digital Bank’ in Sri Lanka.  The awards were accepted on behalf of the bank by its Deputy General Manager Corporate Banking Sanath Manatunge at a gala ceremony at Ritz-Carlton in Beijing. 

EY discusses SLFRS 9, 15, 16 implementation issues in Sri Lanka

Ernst & Young (EY) Sri Lanka hosted its clients to a forum on sharing insights on the practical implementation of new Sri Lanka Accounting Standards.

NDB Good Life credit cards offer 60% savings on your vacation

With National Development Bank PLC (NDB) Good Life credit cards, customers can now enjoy amazing discounts on their luxurious getaways to the theme resorts.

Amjath Nazeer becomes youngest CA student to complete final exams

Amjath Nazeer, a 20-year-old, created history recently when he became the youngest ever student to complete the final exams, including the case study at the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

Rupee edges down as banks buy dollars to cover import payments

REUTERS: The Sri Lankan rupee weakened yesterday, as demand for dollars from importers to pay for their purchases outweighed conversions of the greenback into local currency by exporters, dealers said.

IASL President and MSF Chairman reveal role of insurance industry

Following the declaration of September 1 as the National Insurance Day and with the Insurance Awareness Month well underway, Insurance Association of Sri Lanka President (IASL) Deepthi Lokuarachchi and Marketing and Sales Forum (MSF) 

NTB’s American Express and MasterCard offer 20% savings at GFH

From the 1st of September to the 31st of Octoberall Nations Trust American Express and MasterCard cardmembers will be able to enjoy 20 percent savings on dinner every day of the week at the historic 1864 Restaurant and Wine Cellar and the iconic Sea  Spray restaurant at the Galle Face Hotel. 

Gateway College and HNB partner to launch Smart Pay card for students

Hatton National Bank (HNB) announced a breakthrough partnership with Gateway College to introduce HNB Smart Pay, a revolutionary new proprietary card that will completely streamline payments and attendance recording for the school.

Save trees and win by registering with BOC E-statements

The Bank of Ceylon (BOC) wishes to invite all its customers to involve with the bank’s green initiatives and win exciting prizes by enrolling for E-statements for NRFC and Current account holders till 31st December 2017. 

CB Governor offers key insights into Vision 2025 at DFCC Bank’s strategy workshop

 DFCC Bank organized a strategizing session recently at the Pegasus Reef Hotel, Wattala, where a cross-section of the bank’s senior staff engaged in interactive and participatory discussions as well as focused strategy discussions for the Bank’s development in 2018-2020.

LOLC Securities named Best Brokerage Research House in Sri Lanka

The Global Banking & Finance Review Award for the Best Brokerage Research House in Sri Lanka 2017 was awarded to LOLC Securities Limited (LOSEC), the stock broking company of the LOLC Group.

People’s Bank awarded ‘Bank of the Year’ at European Global Banking and Finance Awards

World-renowned The European Global Banking and Finance Awards 2016 has conferred the coveted title ‘Bank of the Year - Sri Lanka’ to People’s Bank. 

Orient Finance-AMW sign strategic partnership for Renault KWID

Orient Finance PLC, Sri Lanka’s unique financial services provider, has entered into partnership with a leading automotive company in the country, Associated Motorways (Pvt.) Ltd (AMW), to offer a special trade-in facility for Orient Finance customers. 

ComBank launches unique fundraising affinity card for Maris Stella College

Commercial Bank of Ceylon has launched a co-branded credit card with Maris Stella College, Negombo, in a collaboration that will help raise funds for the 95-year old school.