Asian Alliance Insurance’s Click2Claim purchasing made possible online

Asian Alliance Insurance, that is part of the Softlogic Group, 

Adi Vel at Seylan Bank

Adi Vel is held particularly to evoke prosperity and well being on the people pertaining to all faiths.

Asian Credit Company opens branch in Matara

Asian Credit Company Pvt Ltd with branches in Kurunegala and Galle opened its newest branch at its own premises at Pamburana, Matara.

AIA tops Million Dollar Round Table

AIA Group Limited announced having reached a total of 3,752 agents registered as Million Dollar Round Table (MDRT) members on 6 May 2015,

Fitch affirms Ceylon Dollar Bond Fund at ‘BB-’/’V-5’

Fitch Ratings has affirmed Ceylon Dollar Bond Fund’s Fund Credit Quality Rating

UnionPay emerging as fast-growing payment partner among businesses

With the increasing number of Chinese tourists coming to Sri Lanka,...

‘Seylan Tikiri’ launches ‘Creative Till Competition’ to boost savings

?Seylan Bank announced the launch of its ‘Creative Till Competition’, aimed at enhancing childhood creativity and promoting a culture of saving among children. 

LOLC Securities clinches top accolades at CFA Awards

?LOLC Securities Limited (LOSEC), the stock broking company of the LOLC Group was honoured with both Gold and Silver awards for the Best Equity Research report 2014/15 at the Capital Market Awards & Forecast Dinner organised by CFA Society Sri Lanka. 

Ceylon Guardian sustains consistent performance in all portfolios

Ceylon Guardian Investment Trust PLC recorded a profit after tax of Rs. 1.92 billion, given positive market conditions in 2014/15. 

BOCs Fortune branches lead way in industry standards transformation

In its history spanning 76 years, the No.1 Bank in Sri Lanka, the Bank of Ceylon has always stayed true to its mandate of being the Bankers to the Nation. 

Janashakthi launches book to commemorate 20 years in insurance

Janashakthi Insurance recently launched the book ‘Taming Risk – The Janashakthi Story’ by author Michelle Gunawardana at the Cinnamon Grand hotel. 

ComBank launches low cost insurance for micro borrowers

?A low cost insurance scheme that will protect micro borrowers has been launched by Commercial Bank of Ceylon in association with two insurance companies, Ceylinco Insurance and BIMA.

Sampath Bank expands off-site ATM network

?The newest ATM of Sampath Bank was ceremonially opened at Dandugama, Ja Ela, by Upali Dharmasiri, AGM Recoveries.

Seylan Bank becomes first to introduce crowd sourcing

On Wikipedia, the general understanding of crowd sourcing is the process of getting work or funding, usually online, from a crowd of people. The word is a combination of the words ‘crowd’ and ‘outsourcing’.

Sampath Bank launches exclusive online loan application

?Sampath Bank has yet again provided customers with a platform of online technological convenience. With the introduction of an online loan application, Sampath Bank customers are now extended with an exclusive web-based solution to inquire and apply for loans. 

Union Bank launches VISA international debit card

?Union Bank, one of Sri Lanka’s top five private commercial banks in market capitalisation and one of the fastest growing banks in Sri Lanka, added yet another pragmatic feature to its fast growing retail portfolio, with the launch of Union Bank VISA international debit card. 

Insurance Institute of India officials visit Sri Lanka

A team from Insurance Institute of India, Mumbai, under the leadership of  Sri. P Venugopal, Secretary General Insurance Institute of India, Mumbai  is visiting Sri Lanka from August 5 to 7. 

Bank of Ceylon celebrates 76 years of dedicated service

Bank of Ceylon celebrated 76 years on the 1st August 2015. Envisioned to lead the Sri Lankan banking sector for another hundred...

Lanka ORIX Finance enters Kaduwela

Lanka ORIX Finance PLC (LOFC) opened its latest branch in Kaduwela recently. 

Banking sector NIMs will be further pressurized: NTB CEO

Going forward, the banking sector margins will further come under pressure due to the twin challenges of lower interest rates and the uptick...

Seylan offers best savings for credit cardholders during August

The August holiday season just got bigger and better with Seylan Bank’s Credit Card promotions. 

Asian Alliance’s Travel Smart gains market share

Asian Alliance Insurance’s ‘Travel Smart’ travel policy marks its first year milestone with an impressive...

LOLC Insurance rewards and recognizes top sales performers

LOLC Insurance Company Ltd, one of Sri Lanka’s fastest growing companies in the life and general insurance sectors, 

HSBC first-half profits up 10% on China investing frenzy

HSBC Holdings said its first-half profit climbed a better than expected 10 percent,

National Forum for Life Insurance Advisors today

All arrangements have been made to launch the 2015 National Forum for Life Insurance Advisors (NAFLIA) conference today. 

Golden Key reinstalling depositors’ confidence with compensation

A compensation payment plan is currently underway to pay depositors of the Golden Key Credit Card Company. 

People’s Bank finalizes 2020 strategic plan with MTI

?People’s Bank, after a six-month strategizing process in consultation with Bahrain-based MTI Consulting, has submitted the final draft of the 2020 strategic plan, for board approval. 

Seylan Bank 2Q net up by 54% over lower loan impairments, non-fund incomes

Seylan Bank PLC posted a net profit of Rs.1.05 billion for the quarter ended June 30, 2015 (2Q15) recording an increase of 54 percent from a year ago, while for the six months ended June 30, 2015 (1H15) the group made a net profit of Rs.1.72 billion...

Pan Asia Bank posts record first half after-tax profit of Rs.451mn

?Pan Asia Banking Corporation PLC has posted a record after-tax profit of Rs.450.7 million for the first half of 2015 fiscal year (1H15), recording an increase of 156 percent from the corresponding period last year. This resulted in an earnings per share of Rs.3.08, risen from Rs.1.20 a year ago. 

Nations Trust continues steady performance

Nations Trust Bank closed the first six months ending June 30, 2015 with a post-tax profit of Rs.1,257 million...