HSBC Premier announces tie up with Cinnamon Life

Cinnamon Life, an iconic mixed development project by the John Keells Group, announced a tie-up with HSBC Premier, where Premier customers can obtain home loan facilities to own an apartment at ‘The Residence at Cinnamon Life’ and Suites at ‘Cinnamon Life’, the latest iconic mixed development to hit Colombo’s fast changing sky line. 

BOC excels at Excellence in Integrated Reporting Awards 2016

Bank of Ceylon (BOC) won the Merit award for Annual Report 2015 under state-owned enterprises category at the Excellence in Integrated Reporting Awards – 2016 conducted recently by the Institute of Certified Management Accountants of Sri Lanka to coincide with the CMA National Management Accounting Conference. 

Asian Alliance Insurance recognized by IATA-AASL for contribution to members

For its commitment and contribution to its members, Asian Alliance Insurance PLC has been recognized by the International Air Transportation Association (IATA) Agents’ Association of Sri Lanka (AASL) at the IATA-AASL Annual General Meeting (AGM) recently.

Singapore to shame other errant banks after 1MDB saga

AFP - Singapore’s Central Bank chief vowed yesterday to name and shame other banks engaged in money-laundering after a scandal involving Malaysian state fund 1MDB hurt the city-state’s financial reputation.

Asian markets drift as dealers await bank meetings

AFP - Asian equity traders moved cautiously yesterday as another record close on Wall Street was offset by wariness ahead of Central Bank meetings in Japan and the United States this week. The bank policymakers’ gatherings are the first since last month’s shock vote in Britain to leave the European Union, which led to promises around the world to provide support to financial markets. The pledges have fanned a surge across global marke

Union Assurance shines at Insurance Industry Awards

The first edition of the Insurance Industry Awards of Sri Lanka was organised by Fintelekt in 

Union Bank opens 65th branch in Borella

Union Bank continuing on its rapid network expansion initiatives opened its 65th branch at No: 40, 

People’s Bank opens 500th ATM at Narahenpita Military Hospital

People’s Bank CEO/General Manager N. Vasantha Kumar and Army Health Services Director 

UB Finance performs strongly in a challenging operating environment

UB Finance’s 2015/16 results have highlighted an impressive growth reflecting the development initiatives undertaken by the company to significantly strengthen their rapidly progressive position. 

ComBank ranked among World’s Top 1000 Banks again

Commercial Bank of Ceylon PLC has become the only Sri Lankan bank to be ranked among the Top 1000 Banks of the World for the sixth year running, setting yet another benchmark for consistency.

Union Assurance shines at Insurance Industry Awards

The first edition of The Insurance Industry Awards of Sri Lanka was organized by Fintelekt in 

CIM Sri Lanka to hold graduation ceremony and membership investiture

The Graduation ceremony and the membership Investiture of the Chartered Institute of Marketing Sri Lanka is scheduled to be held on 27th July at the BMICH. This year ninety one students will 

Union Bank opens 65th branch in Borella

Union Bank continuing on its rapid network expansion initiatives, opened its 65th branch at Gnanartha Pradeepa Mawatha in Colombo 8.  The branch offers a comprehensive portfolio of products and 

IFC, Sampath Bank boost trade finance for small businesses in Sri Lanka

IFC, a member of the World Bank Group, is partnering with Sampath Bank PLC to provide trade 

Ravi Jayawardhena wins IPM “People Leader in Marketing” Award

Ravi Jayawardhena, Chief Executive Officer of Sales and Marketing at Maliban Biscuits Manufactories, was honored with the “People Leader in Marketing 2016”award by the Institute of 

CA Sri Lanka launches CFAS qualification with career guarantee in outsourcing industry

The inaugural course of the groundbreaking qualification for the Finance and Accounting Outsourcing (FAO) sector launched by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), kicked off in July, with an aim to produce specialized professionals, who will give leadership to help Sri Lanka’s IT/BPOsector reach its ambitious goals of US$ 5 billion in exports by 2022. 

Asian Alliance wins big at Insurance Industry Awards, claims highest tally

Reaffirming its strong commitment to excellence in all key areas of operations, Asian Alliance Insurance has won acclaim at a national level for leadership in multiple subject areas – by bagging a record tally of four awards, the highest won by a single brand, at the inaugural Insurance Industry Awards of Sri Lanka 2016.

BOC among top 1000 banks in the world once again

“The Banker” U.K Magazine revealed The Bank of Ceylon as the No. 1 Bank in Sri Lanka among the World’s Top 1000 Banks in its July 2016 issue. 

Citi proud to partner Lankan govt. in US$ 1.5 bn dual-tranche int’l sovereign offering

Citi achieved yet another milestone on 11th July by partnering with the Central Bank of Sri Lanka on behalf of the Sri Lankan Government to successfully raise US $ 1.5 billion in a dual-tranche 5.5- and 10-year bond offering.  

Sampath Bank gains double int’l recognition at Euromoney Awards

Trail-blazing through the banking industry of Sri Lanka, Sampath Bank was recently bestowed with two prestigious international awards for its proficiencies in a wide array of facets within the banking industry of Sri Lanka. 

HNB Grameen introduces ATM cards

HNB Grameen recently announced the launch of proprietary ATM cards which is yet another initiative in leveraging on the synergies created by being a part of the HNB Group.  

Sri Lanka Insurance flag flies high at MDRT

The Sri Lanka Insurance flag was flown high in the international arena once again when 42 of its top Life Insurance sales achievers qualified for the elite Million Dollar Round Table (MDRT) Annual Conference 2016 held from June 12 – 15 in Vancouver, Canada. This is the biggest contingent to represent SLIC at this leading finance industry event. 

‘EPIC e-Wallet’ makes Bank of Maldives first to revolutionize banking within the region

The Maldives premier bank, Bank of Maldives (BML) becomes the first in the region to revolutionise the banking industry with its ‘BML Mobile Pay’ solution designed, developed and implemented by Epic Lanka.  

Rupee falls on importer dollar demand; stocks up

REUTERS: The Sri Lankan rupee fell yesterday due to dollar demand from importers, even as a top Central Bank official said proceeds from a sovereign bond issue, which dealers say would lift the local currency, have flowed in.

Union Assurance relocates Nikaweratiya regional office

Union Assurance (UA) relocated its Nikaweratiya regional office recently to provide better services to residents in the area.

HNB Assurance top achievers attend Annual MDRT Conference in Canada

Fourteen top achievers of HNB Assurance (HNBA) took wing recently to Vancouver to participate in 

DFCC Bank launches ‘Vardhana Salary Booster’

DFCC Bank has launched the ‘Vardhana Salary Booster’ product, which is specially designed for professionals across the country. The new product gives salaried individuals, who are within the 

Batticaloa gets second ComBank branch

Commercial Bank of Ceylon has opened a second branch in Batticaloa, to better serve customers in this important east coast city.

People’s Bank holds religious programmes commemorating 55th anniversary

In commemoration of People’s Bank’s 55th anniversary, the People’s Bank Buddhist Association, 

Dambulla to go into high gear with Assetline Leasing Carnival

Assetline Leasing Carnival 2016, an extravaganza featuring the wide range of innovative products of Assetline Leasing Company Limited and a host of community service activities takes place on 14, 15 and 16 July at Gam Uda Grounds, Dambulla.