Sampath Bank selects EPIC Lanka to implement ‘Agent Banking’ 

Sampath Bank PLC, one of the premier banks in Sri Lanka in the forefront of adopting latest technologies, recently contracted Epic Lanka to develop and implement its Agent Banking Solution.  This is in an effort to bring about extension of reach to its vast growing customer portfolio across the country and to promote financial inclusion in line with the national vision. With the introduction of Agent Banking, Sampath Bank boasts of yet anoth

People’s Bank renovates Anuradhapura branch

People’s Bank recently relaunched its Anuradhapura branch offering loyal customers the access to state-of-the-art banking services that include various loans and pawning facilities coupled with an enhanced customer service experience. 

HNB Grameen PAT tops Rs. 1 bn for the first time

Pioneers in microfinance HNB Grameen announced a stellar performance for the financial year ended 2015/16 with all key performance indicators showing strong year-on-year growth.

Nations Trust Bank American Express joins hands with Dialog Star Points

Nations Trust Bank American Express is now partnering with Dialog Star Points to enable their Cardmembers the opportunity of converting American Express Membership Rewards Points into Dialog Star Points.

AIA declares outstanding 9.55% dividend for customers

Against the economic scenario last year, which showed the country’s gross domestic product (GDP) growth slowing down while inflation increased,

NDB opens Warkapola, Thabuttegama branches

National Development Bank PLC (NDB) further extended its footprint with the opening of its 101st branch in Warakapola and 102nd branch in Thabuttegama recently. 

Amãna Bank introduces exclusive offers for debit card customers

Amãna Bank has facilitated its debit card customers to enjoy great savings on purchases done during the months

ComBank launches Sri Lanka’s first Remittance Card

Sri Lanka’s first Remittance Card has been launched by Commercial Bank of Ceylon to introduce a new dimension in convenience to the process of transferring funds from overseas to local beneficiaries.

Pan Asia Bank reaches 200,000 Facebook fans

Pan Asia Bank recently crossed the 200,000 fan base on the popular social media network, Facebook.

Mercantile Investments and Finance records business growth

Mercantile Investments and Finance PLC’s (MI) recently published annual report and financial results showed the company’s continued business solidity in terms of recording commendable core business growt

Global banks seek to reassure after Brexit vote

AFP: Global banks sought to reassure investors and clients Friday that they will absorb the impact of Britain’s vote to leave the EU, with US giant JPMorgan warning that financial sector jobs may leave Britain.

Fitch revises Siyapatha Finance’s Outlook to negative; affirms at ‘A-(lka)’

Fitch Ratings Lanka has revised the rating Outlook on Siyapatha Finance PLC (Siyapatha) to negative from stable and affirmed its National Long-Term Rating at ‘A-(lka)’.

NDB presents Good Life cards to Mission Head of Iraqi Embassy

NDB recently presented an NDB Good Life Credit Card to Ahmed Mohamed - Head of Mission Embassy of the Republic of Iraq in Sri Lanka by Sanjaya Perera – Vice President Branch Network Management of NDB.

Seylan Bank ties up with SLIM to offer affinity credit cards

Seylan Bank has partnered with Sri Lanka Institute of Marketing (SLIM) to offer a valued affinity credit card to its members. 

Sampath Bank locates newest off-site ATM in Maharagama

Sampath Bank opened their newest off-site ATM in Dehiwela Road, Maharagama. This new ATM is equipped with 

RDB launches school savings centre with JMC

RDB as a State Bank has launched two specialized savings accounts named “RDB Kekulu” and “RDB Yovun” to establish the future economic stability of the Sri Lankan sons and daughters and is working on establishing the lesson of savings habit from the tender age. 

Hundred People’s Bank branches to operate exclusively on solar energy

As part of its Environmental Sustainability Programme and Green Banking drive, People’s Bank announced that one hundred of its key branches will run entirely on solar energy.  Its Nugegoda Town branch has already been fitted with solar panels and is currently up and running on solar energy on a trial basis. 

Insurers cope with Sri Lanka floods, but risks increasing: Fitch

Insurance claims arising from recent flooding in Sri Lanka are likely to be manageable for most local insurers due to low retention levels, but changing weather patterns raise long-term risks, says Fitch Ratings. 

Top S’pore professional to deliver keynote speech at CMA Conference

CMA National Management Accounting Conference will be inaugurated on 11th July at Cinnamon Lakeside. 

Nation Lanka Finance expands service-offering in Mathugama

Nation Lanka Finance PLC recentlyrelocated its branch in Matugama as a part of its ongoing efforts to elevateits service-offering to customers in and around the area. 

Union Bank named official banking partner for ‘Home and You’ 2016

Union Bank of Colombo PLC, is the official banking partner of Home and You Lifestyle fair 2016, scheduled to be held on 1st, 2nd and 3rd July at the BMICH. Union Bank will be located at stall number P7 in hall A at the exhibition. 

Softlogic Finance introduces Education Loans

Softlogic Finance PLC has introduced ‘Softlogic Finance Education Loans’, thereby supporting parents

CDS well placed to meet evolving stakeholder needs: chief

The breakthrough for Central Depository Systems (Pvt.) Limited (CDS) was made in 1991 when it was established

Guardian Acuity money market funds offer option to take advantage of current interest rates outlook

The Guardian Acuity Money Market Fund, which is more than four years old, has returned 48.44 percent to its investors.

Seylan Bank launches customer support channels via WhatsApp, Facebook Messenger

Reinforcing its credentials as a technology-savvy bank focusing on increasing customer convenience and engagement, Seylan Bank demonstrated its customer-centric digital preparedness by launching Sri Lanka’s first social media-based customer support channels via WhatsApp and Facebook Messenger. 

Fitch assigns Seylan Bank’s subordinated debt up to Rs.5bn final ‘BBB+(lka)’

Fitch Ratings has assigned Seylan Bank PLC’s (A-(lka)/stable) Basel II-compliant subordinated debenture issue of up to Rs.5 billion a final national long-term rating of ‘BBB+(lka)’.

HSBC Lifestyle Loans to support holiday aspirations this season

As many Sri Lankans look to vacation and spend time with family during the upcoming holiday season, HSBC is offering convenient and flexible Lifestyle Loans with additional benefits at competitive interest rates to afford customers a complete holiday experience.

People’s Bank unveils ‘Foreign Currency Gold Fortune 2016’ promo

People’s Bank Foreign Currency Gold Fortune 2016, a unique promotion for those living and working abroad who use People’s InstantRemit, People’s e-Remittance, Swift and Telex, to send money to their loved ones in Sri Lanka, was recently unveiled. 

One-week rupee forwards down on importer dollar demand

Sri Lankan one-week rupee forwards fell yesterday due to importer dollar demand a day after Moody’s revised down its outlook on the country’s sovereign rating, dealers said. 

Union Assurance introduces ‘Union Smart Health’

Union Assurance in its efforts to revolutionize the Sri Lankan insurance industry by continuously bringing forth innovative and creative solutions has introduced a unique cover that provides protection for the entire family. ‘Union Smart Health’ is a policy that provides coverage for the policyholder as well as all his dependents, a unique proposition in Sri Lanka. Union Smart Health functions as a rider cover to use as an add-on to t