LOLC Finance extends support to Southern region during pandemic

Having recognised the difficulties faced by businesses across the nation, LOLC Finance PLC enhanced and accelerated its commitment to extend its support to uplift and re-energise such impacted enterprises, in numerous ways.

HNB partners with Cinnamon Hotels to offer LANKAQR payment solutions

Pioneering the evolution of cashless and contactless payments in the tourism sector, Sri Lanka’s leading private sector bank HNB PLC partnered with Cinnamon Hotels & Resorts to launch the LANKAQR facility for the renowned hospitality chain’s portfolio of restaurants.

Sithumina Jayasundara appointed as HNB General Insurance CEO

HNB General Insurance Limited (HNBGI) announced the appointment of Sithumina Jayasundara as its Chief Executive Officer, effective January 1, 2022.

Lasitha Wimalaratne appointed as HNB Assurance CEO

HNB Assurance PLC (HNBA) announced the appointment of Lasitha Wimalaratne as its Chief Executive Officer, effective January 1, 2022.

People’s Leasing & Finance launches Credit app and DCHEQUE

Sri Lanka’s leading state-owned non-bank financial institution (NBFI) People’s Leasing & Finance PLC, keeping its footprint in digitalisation, launched two digital applications with facilities to provide online leasing facilities and to digitalise and decentralise the cheque printing process.

Nalin Karunaratne appointed to Orient Finance board

Orient Finance PLC, a member of the Janashakthi group, announced the appointment of Nalin Karunaratne as an Independent, Non-Executive Director to the company’s board of directors, with effect from December 21, 2021.

ComBank remittance promo to make 4 millionaires in first 4 months of 2022

Commercial Bank of Ceylon has announced that it is starting 2022 on a rewarding note with the launch of ‘Win a Million’, a remittance promotion that will make four instant millionaires in four months and reward another 40 recipients of remittances with a total of Rs.1 million in cash.

People’s Bank triumphant at Bristol Brain Battle-Corporate Quiz 2021

After an absorbing mind sport competition, the People’s bank quiz Team was crowned as the Champions at the Bristol Brain Battle Corporate Quiz, conducted for the second consecutive year.

Assetline Leasing opens 54th branch in Borella

Assetline Leasing Company Limited (ALCL) recently opened its 54th branch in Borella to further enhance customer accessibility and convenience.

Priyal Silva assumes duty as DGM Corporate and Offshore Banking at BOC

Veteran banker Priyal Silva assumed duty at Bank of Ceylon (BOC) as DGM at the Corporate and Offshore Banking Division.

People’s Bank’s quick digital loan processing facility expanded to 200 branches

People’s Bank, the pioneer in Sri Lanka’s digital banking sphere, reached yet another milestone when launched its 200th People’s Wiz credit facility-enabled branch in Athurugiriya, on December 27, 2021.

Tanuj Edward appointed as Orient Insurance MD

Orient Insurance Limited Chief Executive Officer Tanuj Edward was appointed to the company’s board as an Executive Director, recently.

LOLC Finance named as Finance Company for Credit Cards at Next 100 Global Awards

At the 2021 Next 100 Global Awards, LOLC Finance was named as the Finance Company for Credit Cards. The Next 100 Global Companies list recognises companies at the forefront whose strategies,

Janashakthi introduces Life App for fully digital solutions

Janashakthi Insurance PLC announced the launch of the Janashakthi Life App enabling customers to get information they need instantly, independently, accurately and conveniently.

NDB’s Santa’s Gift Box promo continues for fifth consecutive year

Christmas time and the festive season has always been a time of joy and laughter no matter the circumstances, and this remains especially true for young children.

DFCC Bank provides ‘Santa in your wallet’ for affordable, enjoyable festive season

DFCC Bank announced it will be extending an array of discounts, CashBack offers and other financial benefits to all DFCC cardholders in lieu of the upcoming festive season.

Alliance Finance gets second tranche of FMO dollar credit

Alliance Finance Company PLC (AFC) has received the second tranche of US$ 5 million from the Dutch Entrepreneurial Development Bank (FMO) as part of a long-term financing facility of US$ 10 million to expand its growing portfolio of MSME business.

Mastercard and Mahela come together to promote use of digital payments in Sri Lanka

Sri Lankan cricket legend Mahela Jayawardena joins Mastercard’s ongoing efforts to encourage digital payments usage across the country.

People’s Bank opens ATM in Madiwela

People’s Bank further expanded its wide ATM network by opening an ATM at the Sri Rahula Maha Vidyalaya, Madiwela, Sri Jayawardenepura Kotte swimming pool building.

NDB launches ‘Ratapuraama LANKAQR’ with CBSL in Negombo

NDB, being at the forefront of the digital banking landscape, has come forward to support the LANKAQR nationwide roll-out campaign launched by the Central Bank of Sri Lanka in the city of Negombo.

Sampath Bank offers reward of Rs.10 per US dollar for inward foreign remittances

Sampath Bank PLC is offering an additional reward of Rs.8 per US dollar for remittances made through the Sampath e-remittance service and converted into Sri Lankan rupees during the month of December 2021.

Arimac innovates and redefines Sri Lankan banking industry

Mobile payments have seen an increased development after the world faced the COVID-19 crisis in 2020. In the new socially distanced world, customers swiftly moved to digital solutions, whether it was for purchasing groceries or indulging in entertainment.

Daraz names Mastercard as ‘Most Valuable Payment Partner’ of 2021

Mastercard was recognized as the ‘Most Valuable Payment Partner’ by Daraz, Sri Lanka’s largest online shopping platform for generating ‘Highest Overall Payment Volume’; ‘Highest Overall Transaction Volume’; and ‘Highest Total Payment Volume’, during the Daraz Payment Partner Performance Awards 2021.

SampathCards delivers ‘Tidings of Great Joy’ this festive season

SampathCards has announced the roll out of a wide range of additional discounts and benefits to deliver tidings of great joy to Sampath Credit and Debit Cardholders during the festive season.

HNB and Cord360.com help exporters to integrate with global supply chains

Sri Lankan exporters now have an auxiliary pathway to effectively engage with global supply chains via a one-stop-shop solution facilitated by Sri Lanka’s leading private sector bank HNB PLC, in partnership with e-commerce platform Cord360.com.

People’s Bank promotes LankaQR facility in Negombo

The Central Bank of Sri Lanka launched another Lanka QR promotional programme in the Negombo area, under the patronage of CBSL Governor Ajith Nivard Cabraal recently and People’s Bank also participated in this programme.

Asia Asset Finance inaugurates 50th branch in Maskeliya

In what could be referred to as a milestone event, Asia Asset Finance PLC [AAF], one of Sri Lanka’s growing financial service providers, inaugurated its 50th branch in Maskeliya recently, thereby widening its geographical footprint further in the country.

BOC named ‘Bank of the Year 2021- Sri Lanka’ by The Banker Magazine

Bank of Ceylon was awarded the coveted title of ‘Bank of the Year 2021 – Sri Lanka’ by The Banker Magazine U.K. at an event held in London recently.

People’s Leasing upgrades and relocates Metropolitan branch

The Metropolitan branch of People’s Leasing & Finance PLC (PLC) has relocated its Metropolitan Branch to Vauxhall Street, Colombo 02.

Allianz launches ‘Precious’ brand campaign

Allianz Insurance has announced the launch of a new brand campaign under the theme, “It’s Precious, That’s Why Allianz”.