NDB Bank to transform future of banking

The world is experiencing a period of rapid change. With past behaviours changing due to the disruption caused by the pandemic, technology has stepped into facilitate new behaviors as societies move forward in the new normal.

Sampath Bank Payment Gateway now accepts UnionPay cards

Sampath Bank announced that the Sampath Bank Payment Gateway, the only online solution which provides the most cost-effective and secure payment authorization and processing service, now accepts UnionPay credit and debit cards.

Amãna Bank announces Rs.260mn scrip dividend

Continuing its divided journey and having just concluded 10 years of operations, Amãna Bank recently announced its fourth consecutive annual dividend by offering its shareholders an interim scrip dividend of 10 cents per share for the financial year 2021.

Seylan Bank’s Ruwanwella branch gets spacious new location

Seylan Bank, the Bank with a Heart, relocated its Ruwanwella branch to a spacious new location recently, in order to better serve its customers.

DFCC Bank partners Quickmed.lk to facilitate benefits for credit cardholders

DFCC Bank has announced its partnership with Quickmed.lk to ensure greater accessibility and affordability, with regard to the services offered by the health and wellness pharmacy, for all DFCC credit cardholders.

Ceylinco Life lays foundation for eco-friendly Matale branch

Ceylinco Life has laid the foundation for a new eco-friendly branch building in Matale that will be constructed to the planet-friendly specifications adopted for all-new branches on company-owned land, taking another step in the expansion of green practices in its operations.

HNB offers higher returns for foreign currencies with FC Advantage

In a bid to encourage foreign currency account holders to save in designated currencies, Sri Lanka’s most customer-centric private sector bank HNB PLC offered Foreign Currency Advantage (FC Advantage) savings account holders with higher returns.

Softlogic Invest records 37% equity fund returns since inception

Softlogic Invest, one of the newest entrants into the unit trust industry, sealed the completion of its first financial year with the launch of the company’s inaugural annual report, documenting the year ending in March 2021.

LCB Finance gears for Rs.500mn IPO

LCB Finance is gearing to going public to raise up to Rs.500 million, offering a 15.82 percent stake or 125 million shares, at Rs.4 each.

HDFC Bank holds 36th AGM

HDFC Bank hosted its 36th Annual General Meeting (AGM) on September 17, 2021, at the bank’s head office on a virtual platform, in adherence to the government regulations and healthcare best practices to support prevent spread of COVID-19.

SampathCards offers Call and Convert 0% interest extended settlement plans

SampathCards continues to extend greater assistance to cardholders at a time when people in Sri Lanka and around the world are faced with unparalleled financial challenges brought about by the global pandemic. Providing the much-needed support to cardholders, SampathCards seeks to assist them meet essential expenses such as healthcare, education, etc. that cannot be deferred.

Seylan Bank-STAREMIT facilitate convenient remittances for Lankans in South Korea

Seylan Bank, the Bank with a Heart, announced its partnership with South Korea’s STAREMIT, enabling a convenient real-time money transfer option for Sri Lankans in South Korea.

HSBC Sri Lanka recognised as Best Consumer Digital Bank by Global Finance

HSBC has been recognised as the Best Consumer Digital Bank in Sri Lanka for 2021 by Global Finance at the World’s Best Consumer Digital Banks Awards in Asia-Pacific.

DFCC Bank increases advances of ‘Ranwarama’ pawning facility

DFCC Bank has increased the advances of its ‘DFCC Ranwarama’ pawning facility as a solution for families to meet their urgent cash requirements as many families are experiencing financial difficulties due to the COVID-19 outbreak that has had a significant impact on the Sri Lankan economy.

hSenid Mobile introduces Bank with ComBank on Viber

hSenid Mobile has expanded its footprint in helping revolutionise the banking sector in Sri Lanka by introducing ‘Bank with ComBank on Viber’.

AIA partners with Fortude to adopt Microsoft analytics for intelligent decision-making

AIA is expanding the use of analytics to meet its increasing business needs and demands.

ComBank enables bill payments via Cash Recycler Machines

Commercial Bank in partnership with Sri Lanka’s leading utility companies, mobile operators and insurance companies has launched a bill payment facility through its state-of-the-art Cash Recycler Machine (CRM) network, enabling customers to make their payments conveniently and securely.

Amana Takaful Insurance continues growth momentum in 2Q

Amana Takaful Insurance (ATI) announced that its 2021 first quarter record performance has been successfully sustained during the second quarter as well.

HNB Finance announces appointment of new Chairman

HNB Finance Plc (HNBF) recently announced the appointment of Dilshan Rodrigo as the company’s Chairman and as a Non-Independent, Non-Executive Director, effective from 10th of September.

HNBGl awarded ‘Motor Insurance Initiative of the Year’ at Insurance Asia Awards

HNB General Insurance Limited (HNBGI) was awarded the ‘Motor Insurance Initiative of the Year - Sri Lanka’ by the Insurance Asia Awards 2021 for the innovative insurance solution, ‘MotorGuard Pay As You Claim’.

LCB Finance appoints new Board Member

LCB Finance recently announced the appointment of Mahesh Katulanda to the company’s Board of Directors as a Non-Executive, Independent Director effective from 09th September 2021.

LOLC Al-Falaah’s Mudharabah Super Savings offers bonus profits

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC – Sri Lanka’s largest non-banking Financial Institution (NBFI) unveiled yet another pioneering savings product with a host of features and benefits to suit the needs of its diverse clientele.

NDB Ran Naya Service gives advance up to Rs. 80,000 at 0.64%

Urgent cash requirements are seen more often especially during this time when the country is facing an extended lockdown period.

Fitch affirms People’s Leasing and Finance PLC at A+ (lka), Outlook Stable

People’s Leasing & Finance PLC (PLC), was recently affirmed A+ (lka) with a ‘Stable Outlook’ by Fitch Ratings.

LOLC becomes Mastercard’s first Sri Lankan customer to join its Digital First programme

iPay, a unique payment aggregator introduced by LOLC - has become the first entity in Sri Lankato sign up for the Digital First programme, launched by Mastercard.

Sanasa Life and General Insurance’s digitalization drive gathers momentum

Sanasa Life Insurance Company and Sanasa General Insurance Company have demonstrated their commitment to digitalization by successfully migrating their workflow management to Google AppSheet with the help of Google’s largest local partner in Sri Lanka since 2010, Finetech Consultancy.

Orient Finance enters exciting new era celebrating 40 years of integrity

Orient Finance PLC, a member of the Janashakthi Group and leading financial service provider, celebrated 40 years of trustand integrity.

NTB multiplies foreign inward remittance locations via Singer partnership

Nations Trust Bank (NTB) recently appointed Singer (Sri Lanka) PLC as a sub-agent to disburse foreign inward remittances received through international money transfer companies.

Q+ Payment app upgraded with‘Online Pay’ feature

Commercial Bank has announced that it has enabled an innovative payment experience for the bank’s Q+ customers called ‘Q+ online Pay’ in the Q+ Payment app, the fastest-growing payment app in Sri Lanka.

Capital Alliance enters Bangladesh

The joint venture (JV) company recently established in Bangladesh by Sri Lanka’s Capital Alliance (CAL) became the first JV entity to receive the Trading Right Entitlement Certificate on the Dhaka Stock Exchange (DSE) from the Bangladesh Securities and Exchange Commission (BSEC).