Deloitte wins two inaugural CFO Readers’ Choice Awards

CFO Magazine readers have selected Deloitte as its favorite “Accounting Firm” among the Big 4 and favorite “Management Consulting Firms” in CFO Publishing’s inaugural Readers’ Choice Awards. Editors initially selected companies for inclusion based on extensive, independent, editorial research, which weighed such factors as market share, reported user base, public recognition by technology research firms, and ot

PLC holds 20th anniversary celebrations island wide

People’s Leasing & Finance PLC celebrated its 20th anniversary with a string of activities in Colombo Head Office and island wide branch network.  

ComBank hosts customers and partners at two events in Kuwait

Commercial Bank of Ceylon recently hosted Sri Lankans working in Kuwait at two events held in the state in connection with the bank’s services for expatriate Sri Lankans.

Pan Asia Bank offers 8% for savings accounts

Pan Asia Bank offers the highest interest rate of 8 percent (AER 8.33 percent) for savings deposits through its flagship savings product ‘Champion Saver’. 

HDFC Bank helps uplift Small and Medium Enterprises

A financial literacy programme for small and medium scale entrepreneurs was conducted by the Horana branch of HDFC Bank at Bulathsinghala Divisional Secretariat auditorium recently, with the assistance of the Regional Development Department of the Central Bank of Sri Lanka.

Sri Lanka’s insurance industry GWP grows 16% in 2015

The Sri Lankan insurance industry sustained its growth during the year 2015, industry sources revealed.

‘Allianz Arogya,’ critical illness cover with savings component now in Sri Lanka

For the first time in Sri Lanka, sufferers of number of critical illnesses will have the financial relief they seek,

Janashakthi – Delivering on its promise of guaranteed protection

In light of the tragic devastation caused by the adverse weather conditions which resulted in floods and landslides

CMA National Management Accounting Conference to kick-start in July

CMA National Management Accounting Conference 2016 will highlight the importance of Total Cost Management to improve the competitiveness, efficiency and effectiveness and reduce wastage of organisations

Aitken Spence Luxury Properties offer 40% savings for Seylan Credit Cardholders

Seylan Bank has partnered with the Aitken Spence Hotel Chain to offer attractive savings to its Credit Cardholders

Amãna Bank introduces ‘Flexi Term Investment’ as latest product

Amãna Bank, Sri Lanka’s premier non-interest based licensed commercial bank, has introduced a novel

Renovated People’s Bank Kiribathgoda branch extends banking hours

People’s Bank recently renovated its Kiribathgoda branch enabling customers to access the branch from 8am 

Union Bank Jaffna branch reopens with new outlook

Union Bank recently extended its new look and design to its Jaffna  branch located at Hospital Road , Jaffna

MyDeal.lk-MyStore.lk announce card-less transactions with Sampath Vishwa

MyDeal.lk in partnership with Sampath Bank PLC recently announced further enhancements to its e-commerce platform by introducing a card-less payment option for its growing customer base of tech-savvy shoppers.

CDB heralds exceptional financial performance on 20th anniversary

Celebrating its 20th anniversary as a harbinger of change and trailblazing forerunner in the Non-bank financial institution (NBFI) sector in Sri Lanka, Citizens Development Business Finance PLC (CDB) reported exceptional financial results for FY 2015/16, revelling in its innovative persona, corporate stewardship and incomparable team. 

MasterCard partners with Quintessentially Lifestyle in Sri Lanka

MasterCard announced its partnership with Quintessentially Lifestyle, a global private members’ club offering award-winning lifestyle management services in Sri Lanka.The partnership is part of several market-specific initiatives by MasterCard to highlight the benefits of electronic payments in the market.

Bank of Ceylon’s Nugegoda branch returns to original landmark

BOC Nugegoda Super Grade Branch recently returned to its iconic landmark in the heart of the Nugegoda town. 

Pan Asia Bank pays tribute to senior citizens

In recognition of the invaluable contribution made by Senior Citizens during their life time to the betterment of the country, Pan Asia Bank has come up with an initiative to offer free gifts as a value addition for senior citizens’ Fixed Deposits.  

Senkadagala Finance Rs.2bn debt issue rated ‘BBB+(lka)’

Fitch Ratings has assigned Senkadagala Finance PLC’s (BBB+(lka)/stable) proposed issue of senior unsecured redeemable debentures of up to Rs.2 billion an expected National long-term rating of ‘BBB+(lka)(EXP)’.

People’s Bank unleashes Solar Power loan scheme

People’s Bank has launched a solar power loan scheme to promote the use of solar energy as part of its drive towards being a carbon conscious bank. 

NTB strengthens SMEs with innovative services

Nations Trust Bank (NTB) continues to strengthen its on-going support for the growth and development 

Union Assurance March quarter down over fair value losses, higher expenses

Commercial Bank of Ceylon’s participation in a groundbreaking initiative in Sri Lanka’s tea plantation sector 

Standard Chartered Europe CEO Richard Holmes to leave bank

Bloomberg: Standard Chartered PLC’s Chief Executive Officer for Europe, Richard Holmes, is leaving after eight 

Standard Chartered conducts session for local compliance officers

Standard Chartered recently conducted a training session for compliance officers of local banks on the subjec

Cargills Bank expands ATM network

In a drive to provide more convenience and ease to its customers Cargills Bank added another ATM to its

HSBC launches special travel promo with Malindo Air

HSBC has partnered with Malindo Air to offer HSBC credit cardholders an exclusive Buy One Get One Free offer on Business and Economy class tickets purchased online. 

Russell De Mel appointed to NTB board

Senior Banker and former National Development Bank PLC (NDB) CEO Russell De Mel has been appointed as Non Executive Director of the Nations Trust Bank PLC (NTB).

PLC Maharagama branch moves to convenient location

People’s Leasing & Finance PLC re-positioned its Maharagama branch in to a more spacious location at High-level Road, Maharagama in a bid to provide an enhanced financial service to people in the sub-urban area. 

Sampath eRemittance rewards customers in monthly draw with outstanding cash prizes

Sampath Bank continuously strives to provide unwavering efforts in their services and activities that go

LB Finance marks 45 with island wide celebrations

LB Finance PLC turned 45 on May 30 and celebrated the momentous milestone throughout the country.