Fitch affirms Siyapatha Finance at ‘A(lka)’

?Fitch Ratings Lanka has affirmed Siyapatha Finance PLC’s (SLFL) National Long-Term Rating at ‘A(lka)’. The Outlook is Stable.  The agency has also affirmed SLFL’s outstanding senior unsecured debentures at National Long-Term Rating ‘A(lka)’ and...

Fitch upgrades AMCL to ‘BBB+(lka)’

?Fitch Ratings Lanka has upgraded Sri Lanka-based AMW Capital Leasing and Finance PLC’s (AMCL) National Long-Term Rating to ‘BBB+(lka)’ from ‘BB-(lka)’. 

findmyfare.com and StanChart extend ‘Fly Out For Free’ offer

?Sri Lanka’s largest online travel company, findmyfare.com recently launched the ‘Fly Out For Free’ offer for Standard Chartered credit cardholders and gave them the chance to fly to any destination for free. 

Asian Alliance Insurance opens branch in Kilinochchi

?The newest addition to the regional distribution network of Asian Alliance Insurance PLC was ceremoniously opened at Kadirapokku Junction, Kilinochchi recently. 

Standard Chartered introduces exclusive Avurudu offers

?Standard Chartered’s credit cardholders are once again in for a seasonal treat as the bank is partnering with selected retail outlets to bring exclusive offers to their clients.

Fast-tracking your way up the corporate ladder A great leader builds an enduring legacy that goes be

?As leaders, the most important thing we must understand is the nature of our impact on others and the factors that compose our career legacies. This legacy is composed of three parts: the first two are through our decisions and our successes.

Providence and US’ Wolters Kluwer Financial Services bring IFRS to local banks

?Providence, a provider of IT and technology related services, along with Wolters Kluwer Financial Services, a worldwide provider of compliance, risk management and audit solutions, has brought the latest and most up-to-date solution for IFRS – OneSumX to Sri Lanka. 

Vallibel Finance announces Rs.1 bn debenture issue

Vallibel Finance PLC, the name-bearer of the Vallibel Group, announced the issuance of 5-year (2015-2020) rated, guaranteed ( Capital & Two Interest Installments ) ...

AMW Capital Leasing surpasses Rs. 1 bn in Fixed Deposits

?AMWCL, having commenced fixed deposit mobilization in the latter part of 2013 announced the achievement of Rs. 1 billion in public deposits within a short period of time. 

ComBank promotes e-remittances in Northern region

?Commercial Bank recently concluded a successful week-long campaign in the Northern region to educate the public about the superior products and services offered by the Bank for remittances, and to raise awareness about the dangers of using illegal methods to receive money from overseas. 

Sampath Bank bags Runner-Up in Banking Category

?Sampath Bank has yet again made news by winning the award for runner-up in the category of Banking Industry at the prestigious Sustainability Reporting Awards 2014, organized by the Association of Chartered Certified Accountants (ACCA) Sri Lanka. 

HNB Assurance unveils ‘Liya Harasara’ third edition

?The International Women’s Day is celebrated worldwide on March 8. In order to celebrate this special day HNB Assurance has once again initiated ‘Liyaharasara’, a special tribute towards women, by commemorating this day with a special campaign carried throughout this month. 

Fitch affirms Melsta Regal Finance at ‘A+(lka)’; Outlook Stable

?Fitch Ratings has affirmed Melsta Regal Finance Ltd’s (MRF) national long-term rating at ‘A+(lka)’. The outlook is stable. MRF’s rating reflects Fitch’s expectation of support from its ultimate parent, Distilleries Company of Sri Lanka (DIST; AAA(lka)/Stable).

Berendina expands microfinance services to Horowpathana

?Berendina Micro Investments Ltd opened its first branch in Horowpathana in the Anuradhapura District recently. Berendina Micro Investments Ltd is established to extend the microfinance services of the Berendina group...

Seylan wins Effie for ‘Seylan Sure’ communication campaign

?Seylan Bank won a Bronze award for its communication campaign on its premier savings product Seylan Sure, at the recently concluded Effie Awards, organised by the Sri Lanka Institute of Marketing. 

ComBank promotes Mobile & Online banking at Biyagama EPZ

?More than 5000 customers enrolled for Commercial Bank’s Mobile and Online Banking service at a promotional event focused on the Bank’s Biyagama branch and the Biyagama Export Processing Zone recently.

Union Bank unveils new look in Nawala

?Union Bank of Colombo PLC (UBC) recently introduced a redefined banking experience with a new outlook and ambience to its head office and new branches.  Cascading this initiative to its existing branches, the new....

LIC (Lanka) launches unique investment cum insurance plan

?LIC (Lanka) has launched a unique investment cum insurance plan, MONEY PLUS, which gives a guaranteed return of 12 percent p.a.  This is a single premium  plan for  a fixed  5 year term. 

Ceylinco Life produces record 41 MDRT qualifiers in 2015

?Life insurance leader Ceylinco Life has set a new record in sales achievement, with 41 of the company’s sales team qualifying for membership of the Million Dollar Round Table (MDRT) in 2015.

ComBank opens 242nd branch in Batapola

?Commercial Bank of Ceylon (ComBank) has opened its latest branch in Sri Lanka in Batapola, extending the services of the country’s largest private bank to this southern town.

Union Assurance life launches ‘Union Higher Education Month’

?The latest in a series of innovative programmes planned for this year, Union Assurance has launched the Union Higher Education Month, starting from March 1 to March 31. Union Assurance Life has recognized the need for support for parents and...

Seylan signs Internet Payment Gateway Agreement with SLT

?Sri Lankan Telecom (SLT) Chief Financial Officer Udeni Samararatne and Seylan Bank PLC Director/Chief Executive Officer Kapila Ariyaratne signed the Internet Payment Gateway Agreement in the presence of ...

DFCC Vardhana Bank upgrades operations in Gangodawila

?DFCC Vardhana Bank (DVB), Sri Lanka’s fastest growing commercial bank, recently upgraded its extension office which is located at 601/1 High Level Road, Gangodawila into a fully-fledged branch. 

Pan Asia Bank records over 34% credit growth and 265% growth in PAT

Pan Asia Bank recorded an impressive 265 percent growth in profit after tax...

‘Dine and Smile’ at 52 restaurants for ComBank cardholders

Commercial Bank’s popular dining out promotion ‘Dine and Smile’ has returned...

Amãna Bank records first profitable quarter with Rs.88.5mn PBT

Amãna Bank, Sri Lanka’s one and only licensed commercial bank operating in full conformity to the non-interest-based Islamic banking model,...

What to look for when purchasing a life insurance policy, courtesy Janashakthi

Whether fresh out of school or ready to settle down and start a family, it’s important to plan for the future.

CIMA to elevate public sector performance growth

CIMA Sri Lanka in its endeavour to harness public sector professionals with its expertise in the management accounting...

Amãna Bank offers Gold Certificate Financing

Amãna Bank offers Gold Certificate Financing as an innovative alternative for conventional pawning.   

UB Finance continues growth momentum in 1Q

Leveraging on the solid platform built over the past three years, UB Finance continued its growth momentum into the first quarter of 2016/17.