People’s Bank Foreign Remittance Gold Fortune sees completion of 16th draw

Jeseema Begam from the People’s Bank Kantale branch had recently received money from abroad 

Dharmasiri Wickramatilaka appointed Sarvodaya Development Finance CEO

Dharmasiri Wickramatilaka takes over reins as CEO Sarvodaya Development Finance on the retirement of its current CEO, Ravindra Ranjith, who leaves behind a strong legacy. 

Sampath Bank launches exciting gift promotion for ‘Thrift Month’

Strengthening their commitment as a national bank to enrich account holders by emphasizing the 

Commercial Bank honoured in USA and Hong Kong

As the financial year draws to a close, the Commercial Bank of Ceylon has been presented with two most significant global awards in Washington DC and Hong Kong.

SEC ‘Isura’ capital market TV series premieres on Oct. 23

The Securities and Exchange Commission of Sri Lanka (SEC) in association with Sirasa TV will be premiering a television series on the capital market on October 23 titled ‘Isura’ on Sundays from 11:00 a.m. to 12:00 noon. 

Continental Insurance expands operations to Homagama

Continental Insurance Lanka Limited (CILL) further expanded its branch network with its 46th branch office at High Level Road, Homagama.   

Hatton National Bank wins big at SLIM NASCO Awards

Hatton National Bank (HNB) was the biggest winner at this year’s SLIM NASCO Awards 2016, clinching three awards including the highlight of the night, the award for Territory Manager of the Year. 

Allianz Insurance Lanka excels at South Asian Partnership Summit & Business Awards

Allianz Insurance Lanka Limited won the ‘Best Sustainable Insurance Company of the Year’ at the 2016 South Asian Partnership Summit & Business Awards presented by World HRD Congress and endorsed by the Asian Confederation of Businesses. 

Sampath Bank awarded ISO27001 certification for IT excellence

Sampath Bank was awarded the ISO27001 certification recently for adopting and implementing global standards and best practices to ensure the effectiveness, efficiency, confidentiality and integrity of its day-to-day IT operations. This certification further strengthens the confidence level of customers and regulators on quality of the Bank’s IT and IT security, as well as its ability to manage confidential data and IT assets

NTB credit card promo winner walks away with fuel bowser

Since its inception, Nations Trust Bank (NTB) has been committed to delivering unparalleled products and services and recently announced Milroy Perera as the winner of the free fuel bowser giveaway, a unique and revolutionary programme which offers the bank’s American Express and MasterCard cardmembers a chance to win 13,200 litres of fuel.

ComBank entertains customers and agents in Bahrain

High profile Sri Lankan expatriates living and working in Bahrain and business partners were hosted by the Commercial Bank of Ceylon to an evening of entertainment and dinner recently in Manama, the capital of the monarchy. 

Fitch says challenging operating environment for small and mid-sized banks

A recent periodic review by Fitch Ratings forecasted challenging times ahead for the country’s small and mid-sized banks, largely stemming from capitalisation issues. 

Siyapatha Finance opens new branch in Wellawatte

One of the leading finance companies in Sri Lanka, Siyapatha Finance PLC, celebrated the opening of a brand new branch in Wellawatte, on October 6th. This is the 24th branch in the long list of branches opened by Siyapatha Finance in the recent years.

LankaClear becomes first in South Asia to launch online transfer mode for CITS

LankaClear (Pvt.) Ltd, the operator of Sri Lanka’s national payment network – LankaPay, made yet 

NDB Wealth introduces Kid’s Saver plans

As part of children’s financial planning, NDB Wealth has introduced two types of plans, Kid’s Saver, 

Rupee falls on importer dollar demand

REUTERS: The Sri Lankan rupee fell yesterday on importer dollar demand in the absence of central bank intervention, said dealers.

Sampath Bank honoured at Asia Marketing Federation Awards 2016

Continuing to reiterate its position as one of the leading private banks in Sri Lanka, Sampath Bank 

SLI ‘Minimuthu Dayada’ competition winners tour Singapore

The 10 lucky children who were selected through a raffle draw from the ‘Minimuthu Dayada Sihina 

DIMO, Mobitel and Prime Lands power CA Sri Lanka’s 37th National Conference

Three leading companies, Diesel & Motor Engineering PLC (DIMO), Sri Lanka Telecom – Mobitel and 

ComBank wins four awards at South Asian Partnership Summit

The Commercial Bank of Ceylon won four top awards including Best Private Sector Bank in Sri Lanka 

Colombo Stock Exchange opens branch in Ambalantota

The Ambalantota branch of the Colombo Stock Exchange (CSE) was officially opened to the public 

People’s Bank foreign remittance promotion rewards 15 to-date

People’s Bank ‘Foreign Remittance Gold Fortune 2016’ promotion recently saw the completion of its 15thweek draw, announcing the winner of the week. 

People’s Leasing introduces trendy propaganda vehicle

People’s Leasing & Finance PLC (PLC), the leading non-bank finance company in Sri Lanka, 

Insurance regulator issues guidelines on complaints handling

The insurance industry regulator, the Insurance Board of Sri Lanka (IBSL), issued guidelines on complaints handling by insurers and brokers on October 1, 2016. 

SDB Bank shows real meaning of World Children’s Day

SDB Bank, which has taken the initiative to help future generations realise their dreams through 

NTB appoints Nisala Kodippili as CIO

Nations Trust Bank PLC (NTB) recently announced the appointment of Nisala Kodippili as its Chief Information Officer (CIO)

HNB’s subordinated debt assigned final ‘A+(lka)’

Fitch Ratings Lanka has assigned Hatton National Bank PLC’s (HNB; AA-(lka)/Stable) proposed 

AIA Pensions Month: Is your retirement ready?

Most Sri Lankans don’t know how much they will actually need at retirement, nor have they really 

Ariyaratne appointed to DFCC Bank director board

Senior banker H.A. Ariyaratne has been appointed to the board of directors of DFCC Bank PLC as an Ind

Rupee steady; exporter dollar sales offset bank buying

REUTERS: The Sri Lankan rupee traded steady yesterday as two state banks bought dollars sold by exporters, in the absence of any intervention by the Central Bank, dealers said.