BOC offers Swashakthi loans to empower Lankan entrepreneurs

In response to the government initiative to generate 10 million employment opportunities, Bank of Ceylon officially disbursed ‘Swashakthi’ loans through its branch network recently. 

HNB Gami Pubuduwa Avurudu Pola a resounding success

The Gami Pubuduwa Avurudu Pola, the annual SME-focused trade fair organized by Sri Lanka’s premier private sector bank, Hatton National Bank PLC (HNB), was concluded with resounding success as over 100 micro entrepreneurs from across the island converged on the BMICH in Colombo.  

Mastercard unveils credit card with fingerprint sensor

BBC: A payment card featuring a fingerprint sensor has been unveiled by credit card provider Mastercard.

Microsoft rallies finance leaders to embrace future

Microsoft held a symposium for C-level finance executives at Cinnamon Grand Colombo recently.  The event which featured keynote speakers and a live demo revealed how Microsoft Power BI, an interactive data visualiser that utilizes predictiv

Union Bank amongst Sri Lanka’s leading brands in 2017

Union Bank further increased its position in the rankings of the 100 Leading Brands in Sri Lanka in 2017 compiled by Brand Finance, having being ranked six notches above its position of the previous year with A - brand rating. 

Pump fuel and win ‘One Big Trip’ with Nations Trust Bank American Express

Nations Trust Bank American Express card members can now pump fuel for Rs. 2,500 or more at any fuel station island-wide and stand a chance to win ‘One Big Trip’ all around Sri Lanka with all expenses paid.

SDB Bank-NEDA MoU to support MSMEs

Sanasa Development Bank PLC (SDB Bank), a pioneering financial institution founded on supporting the grassroots levels of Sri Lanka, recently signed a memorandum of understanding (MoU) with the National Enterprise Development Authority (NEDA) to further extend its support to the micro, small and medium entrepreneurs (MSMEs) in Sri Lanka. 

SLI launches islandwide campaign

A message on the importance of insurance and protection was delivered to Sri Lankans across the island by the officers of Sri Lanka Insurance (SLI) early this month. 

DFCC Bank enhances branch network in Ambalantota, Wattegama

DFCC Bank enhanced banking convenience in Ambalantota and Wattegama recently, moving into a more spacious and customer-friendly environment.

LOLC well-positioned to remain on high-paced growth trajectory: MD

This is the 10th interview of the Mirror Business-Colombo Stock Exchange interview series, featuring the top executives of the S&P SL20 companies. Here, Lanka Orix Leasing Company PLC (LOLC) Managing Director/CEO Kapila Jayawardena talks about his company’s performance, future plans and industry growth prospects.  

CEA Chairman goes on board Port City dredger

A 15-member delegation of senior government officials including the Chairman of the Central Environment Authority (CEA), went on an inspection tour of Colombo Port City’s sand mining operation recently.  

CUTS conducts conference on facilitating connectivity in Bay of Bengal region

Consumer Unity and Trust Society (CUTS) International, headquartered in Rajasthan, India in partnership with Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC) conducted a conference on ‘Facilitating Connectivity in the Bay of Bengal Region’, with particular emphasis on physical, energy and investment connectivity in Dhaka, Bangladesh on second week of April. 

HNB relocates to upgraded customer centre in Akurana

Continuing its rapid growth momentum in the New Year, HNB, Sri Lanka’s premier private sector commercial bank, announced the opening of its newly relocated customer centre at No.236. Kurundugahaela, Akurana. 

NMG Consulting holds reception for clients to mark anniversary

NMG Consulting held a private drinks reception for its clients at the Colombo Swimming Club recently to celebrate its 25th anniversary.

LOLC Real Time is not merely about providing speed and convenience to customers: official

LOLC Finance PLC, the flagship finance company of the LOLC Group recently launched a comprehensive payment platform named, LOLC Real Time. This real-time fund transfer platform of LOLC Finance was unveiled as part of the company’s continuous efforts towards technological innovation and improvement. 

Softlogic Life’s leadership in technology featured at top Asian Insurance Summit

Lasitha Wimalaratne, Deputy General Manager – Life Operations of Softlogic Life recently addressed the prestigious Insurance Claims and Underwriting Management Asia Summit 2017 which held at The Furama River Front Hotel, Singapore. 

LB Finance relocates Sainthamaruthu branch

LB Finance, Sri Lanka’s trailblazer in innovative financial services, recently relocated its Sainthamaruthu branch to a new location at MPCS Building, Main Street, Sainthamaruthu. It was graced by LB Finance Deputy General Manager Marlon Perera. 

People’s Bank installs new self-banking unit at AG’s Department

A new self-banking unit of People’s Bank was recently declared open at the premises of Auditor General’s (AG) Department in Sri Jayewardenepura Kotte. 

Themiya Hurulle appointed to ComBank board

Former United National Party Parliamentarian Themiya Hurulle, who is presently serving as a Sri Lanka Constitutional Reform Public Representations Committee Member, has been appointed as an Independent Non-Executive Director of Sri Lanka’s largest private bank, Commercial Bank of Ceylon PLC, with effect from April 5.

BOC invites whole family for Avurudu ganu denu

Celebrating the true spirit of Sinhala and Tamil Aluth Avurudu, Bank of Ceylon (BOC) wishes to demonstrate its appreciation of Sri Lankan traditional customs by conducting traditional Avurudu ganu denu with all its customers on Saturday, April 15, 2017.

UTE-HNB combine strengths to support Sri Lanka’s SMEs

The country’s youth, especially the small and medium entrepreneurs, need reliable and efficient tools together with financial support to boost their businesses. In an initiative to help small and medium enterprises (SMEs) remain competitive and meet an increased demand for energy-efficient 

Shares hit near 3-month closing high on foreign buying

REUTERS: Sri Lankan shares rose yesterday to their highest close in nearly three months led by blue chips such as John Keells Holdings PLC, as continued foreign buying boosted sentiment. The Colombo stock index ended 0.84 percent firmer at 6,198.32, its highest close since January 16. The index rose 1.1 percent last week, posting its first weekly gain in six.

DFCC offers benefits for Vardhana Virtual Wallet users this Avurudu season

The Avurudu season is a time for families to come together and celebrate the New Year while sharing gifts and unforgettable moments and DFCC Bank is pleased to announce exciting benefits for DFCC’s Vardhana Virtual Wallet (VVW) users during the upcoming Avurudu season. 

Alex Lee to lead TKS Finance

The board of directors of TKS Finance Limited has appointed Alex Lee as Acting CEO of TKS Finance Limited, with effect from March 29, 2017 and the appointment has received the approval of the Central Bank of Sri Lanka. 

NDBIB concludes private debenture issue for RDB

NDB Investment Bank Limited (NDBIB) successfully concluded the maiden unlisted debenture issue of Regional Development  Bank (RDB).

HNB offers concierge services to private banking customers

Hatton National Bank (HNB) announced its commencement of concierge services for its high-net-worth customers at ‘Club’ and ‘Priority Circle’ giving them 24x7 access to bespoke services, which is much likely of having a personal assistant or a porter. 

SDB shifts Kekirawa branch to new location

The Kekirawa branch of SDB Bank was relocated to its new premises on April 3, 2017. 

Union Assurance introduces ‘e-Consultant Insurance’

Union Assurance has continuously introduced innovative products and processes setting a benchmark in the insurance industry. 

Union Bank appoints two new Directors

The board of directors of Union Bank of Colombo PLC announced the appointment of Trevine Fernandopulle and Dilshani Gayathri Wijayawardana as Independent Non-Executive Directors, with effect from April 1, 2017.  

Benefit from Avurudu’s good fortune through NDB Wealth’s retirement plans

With Avurudu again upon us, many have already started celebrating the age-old rituals that are a cornerstone of a good harvest season, helping usher in good fortune for the new year. One such tradition is ganu denu, the first financial transaction of the season.