NDB Wealth Management team strengthened with strategic appointments

NDB Wealth Management, the largest private sector Asset Management firm in Sri Lanka with over Rs. 130 billion in total Assets Under Management (AUM), is the leading Unit Trust Management firm in the country offering clients investment services through private portfolio management and Unit Trust investments.

Union Assurance enters Bancassurance partnership with Standard Chartered

Sri Lanka’s largest Bancassurance provider, Union Assurance PLC has entered into a Bancassurance partnership with global banking giant Standard Chartered. This is a key milestone for Union Assurance as it further expands its Bancassurance footprint in Sri Lanka.

‘People’s Remittance Vaasi Kotiyai’ picks second monthly millionaire

People’s Bank picked the second millionaire in ‘People’s Remittance Vaasi Kotiyai, Ewannai Dinannai’ draw where the monthly winner of March along with daily and weekly winners between 15th March – 04th April were selected.

Commercial Bank dedicates 1Q22 to women-focussed events under Anagi banner

A series of women-focussed programmes and events took place at several branches of Commercial Bank of Ceylon in March, when the world observes the International Women’s Day, consequent to the bank dedicating the first quarter of 2022 to its flagship Anagi Women’s Banking portfolio.

Sampath Bank strengthens strategic partnership with Paycorp International

Sampath Bank PLC recently announced that its connection to UnionPay International (UPI) is now complete and that the Sampath Bank Payment Gateway powered by UnionPay 3DS 2.0 is open for business.

DFCC Bank unveils 25th offsite ATM/CRM at Panagoda Templeburg Industrial Zone

In line with its strategy to grow its presence, enhance financial inclusivity and promote digital transactions, DFCC Bank recently unveiled its 25th offsite ATM/CRM at the Templeburg Industrial Zone in Panagoda.

New LOLC Finance Chairman and CEO assume duties

In alignment with the financial sector consolidation plan of the Central Bank of Sri Lanka (CBSL), Commercial Leasing & Finance PLC (CLC) was merged with LOLC Finance PLC (LOFC), with effect from March 31, 2022.

Ceylinco Life voted Sri Lanka’s most popular life insurer for sixteenth year

Ceylinco Life has been voted Sri Lanka’s most popular life insurance company in 2021 and was presented the SLIM Kantar Peoples Award for a record 16th consecutive year at the awards gala hosted by the Sri Lanka Institute of Marketing (SLIM) on 21st March 2022.

ComBank Bangladesh redefines online banking with omni-channel CBC Digital

Commercial Bank Bangladesh, Commercial Bank of Ceylon’s largest overseas operation, has transformed the online banking experience it offers customers with the launch of CBC Digital – the bank’s single omni-channel online banking platform.

NSB wins Gold at Technovation Awards 2022

The fourth Technovation Awards organised by LankaPay, dedicated to rewarding innovations and achievements in the payment technology industry, was concluded at a gala event held at Shangri-La, Colombo recently.

NLF announces resignation of CEO

Nation Lanka Finance PLC (NLF) announced the resignation of the current CEO Suresh M. Amerasekera, effective from March 28, 2022.

Sampath Bank sweeps victory at Technnovation Awards

Sampath Bank was judged as the Most Innovative Bank at LankaPay Technnovation Awards 2022, a gala event held recently at Shangri-La Hotel, Colombo. The winners were picked by a distinguished panel of judges with long experience in banking and financial services.

People’sBank relocates Mulleriyawa service centre

People’s Bank Mulleriyawa service centre was ceremoniously declared opened at a new and enhanced location by People’s Bank Deputy General Manager Channel Management Mahinda Premanath recently.

ComBank SME Trade Fair concludes on high note

Diyatha Uyana was abuzz with local entrepreneurs at 120 stalls selling irresistible and exclusively Sri Lankan flavours, aromas, and innovations at the ‘SME Trade Fair 2022’ conducted recently by the Commercial Bank of Ceylon.

Amana Bank crosses Rs.100bn in deposits

Amana Bank crossed the Rs. 100 billion milestone in customer deposits as of 1Q 2022 thereby becoming one of the fastest licensed commercial banks to reach this mark within a very short period.

PayMaster wins award for ‘Most Popular Fintech Payment App in Sri Lanka’

PayMaster won the Gold Award for the Most Popular Fintech Payment App in Sri Lanka 2021at the recently concluded LankaPayTechnovation Awards 2022.

Kanrich Finance Nugegoda branch relocates

Kanrich Finance Limited, intending to deliver an advanced and highly efficient service to its trusted clientele, opened its newly relocated Nugegoda branch at Stanley Thilakaratne Mawatha, Nugegoda.

HNB brings back ‘Singithi Jumbo Avurudu’ campaign

HNB PLC launched its highly anticipated ‘Singithi Jumbo Avurudu’ campaign for its minor savers during the festive month of Avurudu once again to inculcate the habit of saving from a young age.

Sri Lanka Insurance holds ‘MDRT Day’ to felicitate top performers

Sri Lanka Insurance held the ‘MDRT Day 2022’ to award and recognize the MDRT achievers of Sri Lanka Insurance for the year 2021.

‘People’s Remittance Vaasi Kotiyai’ draw picks first monthly millionaire

People’s Bank picked the first millionaire in ‘People’s Remittance Vaasi Kotiyai, Ewannai Dinannai’ draw where the monthly winner of February along with daily and weekly winners for the 3rd and 4th weeks of February were selected. Accordingly, Rs.1 million cash prize will be awarded to the monthly winner while 2 weekly winners will be awarded 22-Karat gold sovereigns and prizes of Rs.10, 000 each will be presented to 14 daily winners.

ComBank innovates with Digital KYC procedure for ‘Flash’ accounts

An innovative video call identity verification feature has been introduced by the Commercial Bank of Ceylon to its ground-breaking digital bank account ‘Flash,’ making it possible for an account to be opened, activated and operated without ever visiting a bank branch.

HNB wins ‘Best IoT Initiative’ award at Asian Digital Finance Forum

HNB FIT, Asia’s first fitness related app launched by Sri Lanka’s HNB PLC, was crowned as the ‘Best IoT initiative’ at the Asian Digital Finance Forum and Awards recently.

Assetline opens 55th branch in Nugegoda

Assetline Leasing Company Limited ( ALCL) opened its 55th branch in Nugegoda on 28th March 2022.

CDB wins 5th consecutive National Business Excellence Award

Having always championed business excellence through its unique sustainable business model, Citizens Development Business Finance PLC (CDB) wore the crown in the Non-Banking financial Services Sector for the fifth consecutive year at the 17th National Business Excellence Awards 2022.

Seylan Cards - the essential card for Avurudu this year

Seylan Bank brings together over 300 merchants to offer exclusive deals on Seylan Cards this Sinhala and Tamil Avurudu season.

People’s Bank’s Medagama branch moves to new location

People’s Bank Medagama Branch was ceremoniously declared opened by People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku at its new location recently.

Ceylinco Life wins four National Business Excellence Awards

Ceylinco Life won four awards, including two Golds, one Silver and a Bronze, at the National Business Excellence Awards (NBEA) for 2021 presented by the National Chamber of Commerce of Sri Lanka (NCCSL) to honour Sri Lankan businesses that excel in their respective fields.

Sampath Bank rises as Preferred Cash Management Partner for wide range of businesses

Sampath Bank announced that it had registered a strong growth in demand for its Cash Management Solutions (CMS) from businesses across the island during 2021 and is showing steady growth.

ComBank to reward new Arunalu and Isuru account holders with gifts in April and May

Commercial Bank of Ceylon has announced that all customers who open new Arunalu children’s savings accounts or Isuru minors’ savings plans in April and May will be rewarded with a gift, adding further value to the benefits the account holders will enjoy during and beyond their childhood.

Ceylinco General Insurance selected as People’s General Insurance Brand for 16th consecutive year

Ceylinco General Insurance expresses its heartfelt gratitude to the people of Sri Lanka for being crowned the People’s General Insurance Brand of the Year at the 2022 SLIM Kantar People’s Awards, for an unprecedented 16th consecutive year.