LIOC and Indian CEO Forum continue to give back to society

With the country facing the unprecedented challenges from the scarcity of essentials and economic meltdown, LIOC and Indian CEO Forum (ICF) continue their endeavour and belief of giving back to society through numerous CSR activities.

Ideal First Choice expands to Kurunegala

Ideal First Choice, the multi-brand total aftercare arm of Ideal Group, expanded its branch network by opening another service centre in Kurunegala, recently.

ComBank launches timely short-term high-interest fixed deposits

Commercial Bank of Ceylon has introduced a fixed deposit scheme with high interest rates of up to 22 percent per annum, to encourage short-term deposits and give the bank’s customers an unbeatable and secure return for their investments in less than a year.

Sampath Bank introduces cycling club encouraging employees to ride to work

Sampath Bank recently introduced Cycle to Work, a programme promoting an eco-friendly, healthy and economical mode of transportation for all employees.

People’s Bank rewards ‘Vaasi Kotiyai’ remittance bonanza April millionaire

People’s Bank’s ‘People’s Remittance Vaasi Kotiyai Bonanza’ selected its third millionaire winner recently.

HNB Assurance wins Best Digital Marketing Insurance Brand – Sri Lanka 2022 award

HNB Assurance PLC (HNBA) was awarded the Best Digital Marketing Brand – Insurance in Sri Lanka at GBO Awards 2022 by Global Business Outlook, UK, recently.

ComBank wins coveted double at Asiamoney Banking awards

Commercial Bank of Ceylon has won two coveted international awards – Best Bank for Small and Medium Enterprise (SME) Banking and Best Bank for Environmental, Social and Governance (ESG), at the latest awards event of the respected Asiamoney magazine.

Euromoney recognises NDB as Best Bank in Sri Lanka

National Development Bank PLC (NDB) cemented its market leader position by being awarded the Best Bank in Sri Lanka 2022 title by the prestigious Euromoney magazine.

Alumex commits to Aluminium Stewardship Initiative

Alumex, Sri Lanka’s leading fully-integrated aluminium profiles manufacturer and member of the Hayleys group, joined the Aluminium Stewardship Initiative (ASI) as the new member of the Production and Transformation Division.

People’s Remittance draw picks 5th monthly millionaire

People’s Bank picked the fifth millionaire in the ‘People’s Remittance Vaasi Kotiyai, Ewannai Dinannai’ draw, where the monthly winner of June along with daily and weekly winners between June 6 and July 11 were selected.

HDFC Bank Sri Lanka joins hands with JAT Holdings

In order to further strengthen the small and medium-scale enterprises in Sri Lanka, The Bank for Your Home, HDFC Bank Sri Lanka, joined hands with JAT Holdings PLC, where a memorandum of understanding (MOU) was signed between the two parties to offer a special low interest loan scheme to support woodcraftsmen and professional painters, who are currently involved with JAT Holdings.

People’s Merchant Finance reports Rs.201mn operating profit

People’s Merchant Finance PLC (PMF) has reported Rs.201 million as operating profit before taxes for the year ended on March 31, 2022, an achievement to be celebrated, in a year Sri Lanka’s economy has hit a crisis mode.

Ultimate Zero financing model offered to own The Grand, Ward Place apartments

Prime Lands Residencies PLC recently entered into a memorandum of understanding (MoU) with HNB to offer an innovative financing model for potential clients to own an apartment at The Grand, Ward Place – the Prime group’s luxury flagship project that is now nearing completion.

SLT-Mobitel to empower luxury living for The Cambridge residents

SLT-Mobitel has signed an agreement with NEM Construction (Pvt.) Ltd to provide ICT infrastructure solutions for The Cambridge, a 16-unit apartment complex located in the heart of Colombo, in Cambridge Place, a salubrious urban locale that aims to offer an unparalleled living experience for its residents.

People’s Bank yet again ranked amongst World’s Top 1000 Banks

People’s Bank, Sri Lanka’s leading commercial bank, was recently ranked once again amongst the World’s Top 1000 Banks by the prestigious Banker Magazine UK.

ComBank launches ‘Arunalu’ foreign currency savings account for children

A timely opportunity to save for children in foreign currency has been unveiled by Commercial Bank of Ceylon, with the launch of the ‘Arunalu’ foreign currency minor’s savings account.

NDB wins at GBAF Awards

NDB was recently felicitated with five accolades by the Global Banking and Finance Magazine of UK 2022 for the bank’s strength and stability shown in various categories, including empowering women in business, digital transformation and leadership.

Union Assurance among top 10 in corporate reporting transparency

Bolstered by a strong focus on transparent reporting, Union Assurance PLC has become the first insurer to reach the Top 10 in Transparency in Corporate Reporting, according to Transparency International Sri Lanka’s (TISL) 2022 report.

Kanrich Finance relocates Ratnapura branch

Kanrich Finance Limited, intending to deliver an advanced and highly efficient service to its trusted clientele, opened its newly-relocated Ratnapura branch at No: 15, Main Street, Ratnapura.

HNB Assurance opens refurbished Panadura branch

HNB Assurance PLC (HNBA) opened doors of its refurbished Panadura branch recently.

LCB Finance opens 14th branch in Maharagama

Lanka Credit and Business Finance PLC (LCB) opened its fourth branch in the Western province, thereby increasing its business places to 14.

Seylan Cards and Softlogic Glomark partner to offer benefits during Happy Hour

Seylan Bank, the Bank with a Heart, has partnered with Softlogic Glomark to ensure a hassle-free online shopping experience at www.glomark.lk for loyal Seylan credit cardholders with added benefits during a Happy Hour.

HNB together with HNB Assurance launches StudyGuard package

Sri Lanka’s leading private sector bank HNB PLC launched the holistic StudyGuard financial and protection package to ease the burden of school fees requirements for both parents and schools.

NDB Bank supports innovators to fight climate change

NDB Bank has embarked on a project to understand and manage the bank’s climate change impacts.

ComBank’s pioneering ePassbook goes multilingual

Commercial Bank of Ceylon has announced that ComBank ePassbook – Sri Lanka’s first digital passbook – is now operable in Sinhala and Tamil in addition to English, to further encourage digital banking habits and improve the customer experience.

AMF posts impressive financial performance in FY 2021/22

One of Sri Lanka’s oldest finance companies, founded in 1962, Associated Motor Finance Company PLC (AMF) has delivered a resilient financial performance during FY 2021/22, despite an uncertain economic environment.

Customs and BOI payments via Pan Asia Business Internet Banking

Aligned to its strategy to extend the highest convenience and superior customer experience, Pan Asia Bank is the first bank in Sri Lanka to integrate with the LankaPay online payment platform common interface, through which its corporate clientele can now make payments to Sri Lanka Customs and to the Board of Investment (BOI) via Pan Asia Business Internet Banking.

Kanrich Finance relocates Kiribathgoda branch

Kanrich Finance Limited, intending to deliver an advanced and highly efficient service to its trusted clientele, opened its newly-relocated Kiribathgoda branch at No. 16, Makola Road, Kiribathgoda.

Asia Asset Finance expands footprint to Uva province

Adding impetus to its expansion drive, a key component of the company’s growth strategy, Asia Asset Finance PLC (AAF), one of Sri Lanka’s fastest growing financial service providers, added two more branches to its fast-growing footprint during the month of June 2022.

People’s Bank and CA Sri Lanka launch mentoring programme for SME exporters

People’s Bank has partnered with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) to provide a timely boost for small and medium-sized enterprise (SME) customers of the bank through a mentoring programme.