Bank of Ceylon GM among 100 Global Sustainable Leaders

The World Sustainability Organisation recognized Bank of Ceylon’s (BOC) General Manager/CEO D.M. Gunasekara as one of the ‘100 Global Sustainable Leaders’ at the World Sustainable Congress held in Dubai. 

Claims consultancy opens office in Kandy

An insurance claims consultancy service office is now opened in Kandy as a measure that fills a large gap in the services provided by insurance companies, brokers and insurance agents to the insuring public. 

Seylan promo delights winners with cash prizes at weekly draws

Seylan Bank announced the winners of the first three weeks of its ‘Super Supermarket Wins’ promotion for Seylan Visa debit cardholders. 

HDFC relocates Piliyandala branch  

HDFC Bank relocated its Piliyandala branch to a conveniently accessible and a more spacious location at Moratuwa Road, Piliyandala recently. With the relocation of the branch, it is expected to provide a better service experience to the people in Piliyandala and suburbs.

Ceylinco Life goes green in Panadura

Ceylinco Life has reiterated its commitment to greener operations with the opening of the company’s new, purpose-built environment-friendly office in the heart of Panadura.

World-renowned entrepreneurs to steer CA Sri Lanka’s 37th National Conference

In helping Sri Lanka transition towards an innovation-driven economy, an eminent panel of local and foreign speakers, including entrepreneurs of global repute will steer this month’s 37th National Conference of Chartered Accountants organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

Technology-driven banking will be critical driver of future industry growth: HNB CEO

This is the fifth interview under the Mirror Business S&P SL20 Insights series where top CEOs of the companies in the S&P SL20 index are interviewed. The interview series is done in collaboration with the Colombo Stock Exchange. Following are the excerpts of an interview with Hatton National Bank MD/CEO Jonathan Alles.

ComBank launches smartphone-linked mobile POS system for card transactions

The Point-of-Sale (POS) enabled merchant base of Commercial Bank of Ceylon is expected to grow significantly with the country’s largest private bank launching mobile Point-of- Sale units in Sri Lanka. Branded Commercial Bank ‘EasyPOS,’ the mobile units introduced in collaboration with CBA Solutions, make it possible for any merchant outlet that has a smartphone to acquire one and enhance sales.

ICRA reaffirms Dunamis Capital long-term ratings

ICRA Lanka Limited, a subsidiary of ICRA Limited, a group company of Moody’s Investors Service, 

Mercantile Investments relocates Ampara branch office

Mercantile Investments and Finance PLC, has shifted its Ampara branch office to its new premises 

New ACCA Chairman outlines plans for enhancing profession in country

Adrian Perera, the newly elected Chairman Member Network panel of ACCA Sri Lanka, believes that 

AIA takes to Negombo skies

The skies of Negombo ignited with energy as swarms of red AIA kites soared across the town, at the recently held AIA-in-town programme. 

Union Bank introduces ultramodern online banking platform

Adding further versatility and accessibility to its Retail banking proposition, Union Bank recently announced the launch of its revolutionary online banking platform. 

DFCC Bank opens branches in Dehiattakandiya and Medirigiriya

DFCC Bank recently established its presence in the towns of Dehiattakandiya and Medirigiriya, opening two fully-fledged branches. 

Aravinda Perera appointed Siyapatha Finance Chairman

Former Sampath Bank Managing Director Aravinda Perera has been appointed as the Chairman of 

CLC relocates Nuwara Eliya service centre

Commercial Leasing & Finance PLC (CLC) shifted its Nuwara Eliya service centre to Lowson Street, Nuwara Eliya for the ease of customers. 

NDB conducts recruitment drive and cricket camp with Angelo Mathews

The real challenge for every youngster begins upon completing his secondary education. “What next?” is maybe the top-of-mind question for many at this stage. In this day and age, finding the right career has become the most competitive and challenging task especially for the younger generation. Hence, National Development Bank PLC (NDB) recently took an initiative to uplift the spirit of these youngsters in the southern region.

ComBank receives award as ‘Strongest Bank’ in Sri Lanka from Asian Banker

Commercial Bank of Ceylon recently received The Asian Banker award for ‘The Strongest Bank in Sri Lanka in 2016’ at an awards ceremony in Geneva, Switzerland on the sidelines of SIBOS, the annual conference, exhibition and networking event of the financial industry. 

Ex Sampath Bankers Club organises sing-along with Annesley & Super Chimes

A musical extravaganza ‘Sing Along with Annesley & Super Chimes’ will be presented by the Ex Sampath Bankers Club on Sunday, October 23, 2016 at Grand Monarch, Thalawatugoda, commencing 7:00 p.m. 

First Capital Holdings’ ICRA long, short-term ratings reaffirmed

ICRA Lanka Limited, a subsidiary of ICRA Limited, a group company of Moody’s Investors Service, has reaffirmed the issuer rating of [SL]A- with stable outlook for First Capital Holdings PLC (FCH).  ICRA Lanka has also reaffirmed the issue rating of [SL]A- with stable outlook for the Rs.500 million senior unsecured redeemable debenture programme of the company. ICRA Lanka has also reaffirmed the [SL]A2+ rating to the Rs.1,000 million co

National University of S’pore prof. appointed to CMA Advisory Council

National University of Singapore Accounting Department Head Prof. Ho Yew Kee has been appointed to the CMA Advisory Council.

Free fuel promo with Sri Lanka Insurance

A promotion sponsored by Sri Lanka Insurance is currently underway at fuel stations in and around Colombo. The campaign sees a lucky winner selected from the motorists driving to a designated fuel station each day, through a raffle draw, which would gift them free fuel worth Rs.5,000. 

DFCC Bank secures loan from Middle East to fuel offshore expansion plans

A three-year US dollar term loan facility has been secured by DFCC Bank from National Bank of Ras Al Khaimah (RAKBANK) of the United Arab Emirates (UAE). Alpen Capital (ME) Limited, an investment banking advisory firm, also UAE-based, acted as the sole financial advisor to the transaction.

DFCC Bank secures loan from Middle-East to fuel offshore expansion plans

DFCC Bank has successfully raised funds in the Middle East on the strength of its credentials and sound track record established over a period of 61 years. Witnessing growth across all its sectors, DFCC Bank has evolved into a technology-backed modern commercial bank that meets the aspirations of both its commercial and development clients. 

Epic Technology Group exhibits at Gitex 2016 in Dubai

Epic Technology Group, Sri Lanka’s premier technology conglomerate for superior ‘Fintech’” solutions, will be on show at the Gitex 2016 Technology Week in Dubai from October 16 to 20. Gitex Technology week held annually in Dubai attracts visitors from the UAE, Africa, South Asia and Europe. Last year, on an average, around 140,000 participants attended this exhibition and this year Gitex organisers expect in excess of 150,

NTB offers credit cardholders special savings at Damro

Nations Trust Bank (NTB) recently partnered with Damro to offer its American Express and MasterCard credit cardholders a special 30-month interest-free instalment plan at no extra charges and 10 percent savings for purchases made on a wide range of electronic items and furniture at any Damro outlet islandwide.

Proposed US $ 50mn ADB investment to fuel new chapter of growth for HNB

Hatton National Bank PLC (HNB) recently announced that its board of directors has granted the Asian Development Bank (ADB) approval to purchase a substantial equity stake in the bank by way of a fresh issue of shares. 

Mastercard-InterContinental Hotels introduce exclusive dining perks

Mastercard announced a partnership with InterContinental Hotels & Resorts that seeks to cater to the needs of affluent cardholders in Asia Pacific by encouraging them to reconnect with their family. As part of the Kids Dining Perks promotion, every child below the age of 12 can now enjoy complimentary dining with every paying adult when paying with a Platinum, World and World Elite Mastercard at 25 participating InterContinental Hotels &

PABC offers unique education loan through ‘Aspire’

‘Aspire’ is a value-added education loan scheme from Pan Asia Banking Corporation (PABC), which is known for its innovative line of banking products. It is a unique education loan scheme introduced by PABC to support financing education in Sri Lanka or abroad. 

Fun to the fore as ComBank celebrates Children’s Day

More than 3,500 children and parents celebrated the World Children’s Day at the Sri Lanka Rupavahini (SLRC) premises on October 1 at a fun-filled event sponsored by Commercial Bank. Organised under the banner of ‘Arunalu’ – the bank’s flagship children’s savings account, this was the fifth occasion that Sri Lanka’s largest private bank supported an event of this nature to engage with children and adults o