International thought leaders to share best practices in finance transformation

?The Association of Chartered Certified Accountants (ACCA – Sri Lanka) and the Sri Lanka Association of Software and Service Companies (SLASSCOM) will conduct a unique thought leadership forum addressing the opportunities and best practices...

SDB’s Sahasapura branch relocated at Dematagoda

?Sahasapura branch of the SANASA Development Bank (SDB) reached to its new premises at Dematagoda on April 9th. SDB Sahasapura branch was shifted to Kolonnawa Road, Dematagoda, Colombo 09 ...

Ceylinco Life moves into own buildings in Kandy and Matara

Ceylinco Life has relocated its branch offices in Kandy and Matara to company-owned buildings to better serve customers in these two key cities and their suburbs.

HSBC’s ‘home&Away’ launches exclusive spa offers

?HSBC cardholders can pamper themselves with the most luxurious spa treatments to help repair, rejuvenate and replenish their mind and body with the latest range of offers from HSBC’s global home&Away Privilege Programme. 

Commercial Credit and DIMO tie-up to support SMEs

?Commercial Credit & Finance PLC and Diesel & Motor Engineering PLC (DIMO) recently entered in to a business strategic alliance, in a bid to further strengthen small and medium entrepreneurs.

Union Assurance sets industry benchmark higher with 11.5% dividend

?Union Assurance declared an 11.5 percent dividend rate on their Life Advantage Plan for 2014.  This is a significantly higher return on interest than the minimum guaranteed rate of 8 percent,...

Sampath Bank celebrates 28th anniversary

?Sampath Bank recently commemorated its 28th anniversary with an all-night pirith ceremony and ‘’Heel Daney’’ held at the bank’s head office in Colombo 02. Organized annually by the Samapth Bank Buddhist Association...

ComBank launches unique short-term ‘Millionaire’s Account’

?A new, aspiration targeted investment plan that enables account holders to build up a minimum balance of Rs 1 million within a specific period without a high initial investment, has been launched by the Commercial Bank of Ceylon, the largest private sector bank in Sri Lanka.

ComBank’s ATMs set new records this ‘Avurudu’

?If withdrawals from the ATMs of Commercial Bank in the ‘Avurudu’ season are anything to go by, Sri Lankans celebrated their New Year on a grand scale in 2015, establishing new records for cash dispensed from the largest automated teller network owned by a single bank in the country.

Softlogic Finance opens branches in Senkadagala and Pamankada

?Softlogic Finance PLC has affirmed its aggressive expansion strategy by opening two fully-fledged branches in Senkadagala, Kandy and Pamankada Colombo 6 within a single week.

LB Finance opens newest branch in Valachchenai

?LB Finance PLC opened its newest branch in Valachchenai recently, offering an exciting range of financial products for its community. This occasion was graced by Chandana Wijerathna...

Pan Asia Bank ‘Nivasa’ housing loans – A fast and convenient solution

?Pan Asia Bank, in response to the increased customer demand for housing loans, has commenced promoting its “Nivasa” housing loan scheme with a host of value added features.

The 3-member committee’s 19 page report falls far short of proper inquiry

1) One week prior to the bond issue,  who were the officials the Central Bank Governor was in touch with at the Department Of Public Debt concerning the bond issue (with 30-year maturity)?

Standard Chartered Bank to support  SLCHBC website

?The Sri Lanka-China Business Council (SLCHBC) announced the support of Standard Chartered Sri Lanka, for its website, http://www.srilankachinabusiness.cn/. 

ComBank hosts remittance customers at ‘Avurudu’ event

?Commercial Bank remittance customers were hosted at a colourful ‘Avurudu’ event that included partaking of the traditional meal, at the bank’s Kiribathgoda branch recently.

Ceylinco ‘People’s Insurance Brand of the Year’ again

?Sri Lankans young and old voted Ceylinco Insurance their undisputed choice yet again, by selecting Ceylinco as the ‘People’s Insurance Brand of the Year’ at People’s Awards 2015, for an unprecedented ninth consecutive time.

Amãna Takaful recognises employees for exceptional performance

?Amãna Takaful (ATL) recently held its annual awards under the theme ‘Think Big’.  At the event, the company’s top employees were recognized for their exceptional performance

‘Isuru Pirunu Suba Ganedenu’ from Union Bank

?With the objective of encouraging and rewarding customers who save with Union Bank, the bank announced the launch of ‘Isuru Pirunu Subaganedenu’, an attractive Avurudu promotion. 

NDB introduces innovative knowledge-sharing through NDB e-Digest

?NDB recently introduced ‘NDB e-Digest’, the first e-newsletter in the industry that features useful lifestyle and banking-related content. The newsletter is a bimonthly issue despatched via e mail, to those who have subscribed.

Avurudu Ganudenu with Bank of Ceylon

?Being a bank that has a deeper commitment towards the nation, Bank of Ceylon (BoC) has upheld traditions and cultural values of the country in every possible manner and in this spirit, the bank has...

DVB launches special ‘Salli Mallai’ Avurudu promo

?DFCC Vardhana Bank (DVB), Sri Lanka’s fastest-growing commercial bank, recently launched a special ‘Salli Mallai’ Avurudu promotion to celebrate the Sinhala and Tamil New Year. 

Amana Takaful goes for GrayMatter’s Insurance Analytics (IA+)

?Insurer Amana Takaful PLC, Sri Lanka, announced their decision to go with GrayMatter’s Insurance Analytics (IA+) to execute their Business Analytics program across Life & Non Life Insurance in Colombo.  

Union Bank certified as first private bank on CEFTS

?Union Bank (UBC) is the first private bank to be certified to the Common Electronic Fund Transfer Switch (CEFTS) creating greater banking convenience.   As a Bank synonymous for technology firsts in the banking industry in Sri Lanka...

LB Finance joins Toyota Lanka for “Hybrid family day”

LB Finance joined hands with Toyota Lanka for ‘Hybrid family day’ held at Taj Samudra on March 21st. This event was organized by Toyota Lanka to introduce their fleet....

Ceylinco Life policyholders to receive Rs 2.4 bn as April bonuses

?Ceylinco Life has announced a pay-out of more than Rs 2.4 billion in April 2015 in the form of annual bonuses and ‘Avurudu cash’ bonuses to over 300,000 policyholders.

HSBC holds symposium on creating competitive edge

? “Creating a competitive edge through Centralisation, Technology and Partnership”, a symposium with the participation of subject experts from the Bank, Larry Campbell, Group Chief Knowledge Officer at HSBC

Seylan Panadura branch relocates

?Seylan Bank Panadura branch was re-located to new premises at Galle Road, Panadura with the objective of providing its clientele with a more efficient service in a comfortable and spacious surrounding.

Comtrust Equity Fund maintains Rs.2 dividend for fifth consecutive year

?The Comtrust Equity Fund declared a dividend of Rs.2.00 for the year ended 31 March 2015 (FY15), one of the highest dividend payment for the current year by an Equity Fund in the Unit Trust industry.

Sampath Credit Cards offer biggest seasonal discounts

?As preparations are underway for the celebration of this festive season, Sampath Credit Cards has embraced the spirit of the occasion and has extended attractive offers to its MasterCard and Visa credit cardholders at its numerous partnered Outlets Island wide. 

Asian Alliance Insurance confirms growth strategy; moves to new, larger office

?For better accessibility to customers and in-line with its growth strategy, Asian Alliance Insurance PLC, part of the Softlogic group, announced the relocation of its life corporate office to its own premises at R. A. De Mel Mawatha, Colombo 3.