Bank of Ceylon bestowed Master Brand status

The Bank of Ceylon was conferred the Master Brand status for the year 2017-2018 by the CMO Council Asia at the ceremony held at Taj Samudra Hotel Colombo recently. 

Asian markets rebound after North Korea-fuelled losses

AFP: Asian traders returned to buying Wednesday, reversing the previous day’s losses as Donald Trump’s measured response to North Korea’s missile launch and upbeat US data restored a semblance of calm to markets.

Combank World Mastercard holders to enjoy LoungeKey facilities

The key to more than 800 airport lounges around the world is now with holders of World Mastercard credit cards issued by the Commercial Bank of Ceylon, following the launch of LoungeKey in Sri Lanka by Mastercard from 1st September 2017.

World Finance crowns Ceylinco Life best in SL for fourth consecutive year

Ceylinco Life has been crowned the ‘Best Life Insurer in Sri Lanka’ by World Finance for the fourth consecutive year in 2017, on the basis of the company’s performance in FY 2016.

Amãna Bank rewards four education finance customers with laptops

Amãna Bank recently concluded its education financepromotion by rewarding fourlucky studentswith laptops to help them excel in their education.

NDB Private Wealth Center, Sri Lanka’s first all-in-one financial services hub

The NDB Private Wealth Center recently became Sri Lanka’s first ever all-in-one financial services hub, following the opening of its very own NDB Bank branch. 

Union Assurance recognized for product innovation approaches

Appreciating the innovative product designing approaches, Union Assurance (UA) was able to receive the recognition for its efforts on the introduction of the unique Health Insurance Solution - Union Smart Health. 

Union Bank relocates Gampaha branch

Union Bank reopened its Gampaha branch at a more convenient and easily accessible location at 170A, Colombo Road, Gampaha.

Fitch assigns Siyapatha finance’s subordinated debt final ‘BBB+(lka)’

Fitch Ratings Lanka has assigned Siyapatha Finance PLC’s subordinated redeemable debentures of up to LKR one billion a final national long-term rating of ‘BBB+(lka)’.

Fitch affirms Citibank Lankan branch at ‘AAA(lka)’

Fitch Ratings Lanka has affirmed the Citibank N.A. Colombo branch’s (CitiSL) national long-term rating at ‘AAA(lka)’.The Outlook is ‘Stable’.

Pan Asia Bank opens new centre for private banking and wealth management

Pan Asia Bank recently opened a dedicated centre for private banking and wealth management at the World Trade Centre to offer specialized financial and investment advisory services to its high net worth customers. 

People’s Leasing relocates Rathnapura branch

People’s Leasing & Finance PLC relocated its Rathnapura branch (Moragahayata, Colombo Road, Rathanapura) recently. 

Spark: Transforming the actuarial services landscape in Sri Lanka

One of the main challenges faced by the financial sector is quantitative assessment of future risk.  Financial risk can arise due to unpredictable nature of factors such as interest rate and default rate. 

‘Dine and Smile’ discounts at 64 partner restaurants

Commercial Bank’s ‘Dine and Smile’ promotion is back for the second time this year, with  64 of the country’s most popular restaurants offering discounts exclusive to the bank’s credit and debit card holders.

Alliance Finance signs Karlsruhe Resolution on sustainable finance

Delegates to the seventh Global Sustainable Finance Conference, supporting the UN-backed sustainable development goals (SDGs) and the Paris Climate Agreement (COP21), collectively referred to as ‘Agenda 2030’, have signed the ‘Karlsruhe Resolution’ at theCity Hall, Karlsruhe, Germany on the 13 July 2017.

AIA Insurance tops MDRT in Sri Lanka, crosses 100 member mark

AIA Sri Lanka has crossed 100 MDRT (Million Dollar Round Table) members for 2016, making it the first and only insurer in Sri Lanka to do so.

Combank and DIMO in joint leasing promo for TATA commercial vehicles

The Commercial Bank of Ceylon and Diesel and Motor Engineering PLC (DIMO) have joined forces to offer attractive discounts and otherbenefits to customers leasing TATA commercial vehicles.

People’s Bank launches self-banking units in railway stations

People’s Bank recently inaugurated a self-banking Unit at the Mirigama Railway Station. The unit was vested in the public under People’s Bank’s initiative of establishing 100 self-banking Units at railway stations island-wide.

September 1st to be declared National Insurance Day

In 2015, the Insurance Association of Sri Lanka (IASL) began a journey to gain national recognition to increase thespread of awareness about the value of Insurance. 

Standard Chartered enhances Visa offer

Standard Chartered’s Visa Infinite and SriLankan Airlines Standard Chartered Platinum co-branded credit cardholders are in for a very special bonus when they plan their overseas travel. 

ComBank to keep 50 plus branches open on Hadji Festival Day

The Commercial Bank of Ceylon will once again keep more than 50 branches open for business on Friday, 1st September – a Public and Bank holiday in respect ofId-Ul-Alha – Hadji Festival Day.

From cooperatives, for cooperatives: SDB bank reaches 20-year milestone

Starting off with humble beginnings as an institution to help uplift the rural masses, Sanasa Development Bank PLC (SDB bank) has grown from strength to strength and today dares to aim greater heights.

NDB introduces latest branch in Bambalapitiya with synergized services

NDB has opened its 107th branch titled ‘NDB Private Wealth Centre Branch’ in the heart  of Bambalapitiya.

Seylan Sirinivasa makes owning a house a reality

Seylan Bank, one of the nation’s leading private banks, is now offering fast and convenient home loans under ‘Seylan Sirinivasa’, to customers in a hassle free manner to fulfill their aspiration of owning a dream house, land and apartment. 

BOC to recognize long -standing dedicated staff members

Bank of Ceylon will recognize its long standing staff members who have enriched the legacy of the bank through their sweat and tears. 

LIC Lanka to make life insurance accessible to all Sri Lankans

With the launch of its new communications strategy supported by its range of product offerings, Life Insurance Corporation Lanka Ltd. (LIC Lanka) hopes to make life insurance more accessible to all Sri Lankans.

HNB Assurance 2Q net profit soars on higher premiums, investment income

HNB Assurance PLC’s (HNBA) profits received a boost during its most recent quarter from a strong growth in premiums amid challenging operating conditions, while the investment incomes also grew as the company added more money to its financial investments, the interim financial accounts showed

HNB Grameen signs MoU with Colonial Motors

HNB Grameen Finance Ltd signed a Memorandum of Understanding (MoU) recently with Colonial Motors PLC to offer attractive leasing options for Vespa and Aprilia Motor scooters. 

Amãna Bank featured at IDB innovation exhibition in Jeddah

In recognition of its innovative financial solutions, Amãna Bank was recently invited to take part at the innovation exhibition organized by the Islamic Development Bank (IDB) which was held on along with the 42nd Annual Meeting of IDB Board of Governors.

Sri Lankan banks unite for sustainability

The ‘Sri Lankan Sustainable Banking Initiative – Phase ll’ kicked off in style at the auditorium of Hatton National Bank PLC (HNB) recently.