Ceylinco Insurance ranked in 9th position amongst SL’s Most Respected Corporates

Ceylinco Insurance was placed in the ninth position amongst the nation’s Most Respected and Admired Corporates for the year 2021 and thus becomes the Most Respected Insurer in Sri Lanka for yet another year.

BOC appoints K.E.D. Sumanasiri as new General Manager

Veteran banker K.E.D. Sumanasiri has assumed duties as General Manager of Bank of Ceylon (BOC), Sri Lanka’s number one commercial bank.

Anil Tittawella to lead next phase of Janashakthi Life’s growth

Leading insurer Janashakthi Insurance PLC announced the appointment of Anil Tittawella as the company’s Chairman, with effect from August 11, 2021. Tittawella succeeds Prakash Schaffter, as he steps down from his role as Executive Chairman. Schaffter will continue to function as Executive Deputy Chairman of Janashakthi Insurance PLC.

NDB launches Musaeus College – Affinity Credit Card

NDB Bank recently launched an innovative Affinity Credit Card in partnership with the Musaeus College Past Pupils’ Association.

Seylan Tikiri introduces online account opening

Seylan Bank, the Bank with a Heart, has introduced online account opening for Seylan Tikiri, the number one minor savings brand in the market, in line with its responsible banking principles.

NDB felicitated at International Finance Awards 2021

National Development Bank PLC (NDB) was awarded Best Islamic Finance Bank – Sri Lanka 2021 and the Best Project and Infrastructure Finance Bank – Sri Lanka 2021, at the International Finance Awards 2021.

KPMG SL recognised as LMD Most Respected Entity financial services sector winner

KPMG Sri Lanka has been recognised as LMD Most Respected Entity – sector winner for financial services sector.

Sampath Bank offers rates up to 7% through Special Deposit Account

Inviting individuals and organisations around the world to invest their foreign currency savings in Sri Lanka and earn greater returns, Sampath Bank is offering highly attractive rates of up to 7 percent through the Sampath Special Deposit Account.

Fitch Ratings affirms DFCC Bank’s National Long-Term Rating at ‘A+(lka)’

Reflecting DFCC Bank’s unparalleled positioning as one the strongest contenders in the banking and financial services sector of Sri Lanka, Fitch Ratings has affirmed DFCC Bank’s National Long-Term Rating at ‘A+(lka)’.

Ceylinco Life launches customer app for full access to services

Ceylinco Life has announced the launch of ‘Ceylife Digital’, the company’s own mobile app, to bring unprecedented fingertip convenience to existing as well as potential customers by providing seamless access to insurance-related services, including the opportunity to purchase new policies and settle premiums.

MBSL looks to a successful rights issue

State-owned Bank of Ceylon’s (BOC) subsidiary Merchant Bank of Sri Lanka and Finance PLC (MBSL) plans to raise Rs.2.24 billion in fresh capital via a rights issue.

Assetline introduces new leasing and loan facility

Reputed for providing innovative, hassle-free and accessible leasing solutions to Sri Lankans from all corners in the country and all walks of life, Assetline Leasing has come forward with yet another initiative, a ‘Leasing and Loan’ facility for acquiring registered vehicles.

NDB conducts Investor Earnings Call on first half results

National Development Bank PLC (NDB) hosted the bank’s quarterly online Investor Earnings Call on August 10, 2021, to discuss the bank’s financial results, subsequent to the release of its financial results for the financial quarter ended on June 30, 2021.

Fintrex Finance introduces Vishwasa fixed deposits

Fintrex Finance Limited recently introduced its fixed deposit product to the public.

Union Bank balance transfer eases credit card debt with affordable repayment plans

Union Bank’s credit card balance transfer aims to help credit cardholders to ease their credit card debt in a structured manner that is more affordable and convenient.

Union Assurance Premier Club launches best-in-class rewards for insurance advisors

Union Assurance PLC set a benchmark with the launch of an industry first rewards and recognition programme - Union Assurance Premier Club. The platform is designed to recognise the company’s insurance advisors, who have portrayed world-class salesmanship and customer service.

NTB launches unique FD product with floating interest rate

Nations Trust Bank PLC (NTB) launched ‘Nations RI$E’, a unique US dollar fixed deposit product, the bank announced recently.

ComBank ranked as Sri Lanka’s Most Respected Bank for 17th successive year

Commercial Bank of Ceylon has been ranked the Most Respected Bank in Sri Lanka for the 17th consecutive year in the 2021 listing of the Most Respected Entities in Sri Lanka compiled by LMD.

HNB-Singer partnership to offer exciting deals on John Deere tractors and agri machinery

Sri Lanka’s leading private sector bank HNB PLC partnered with Singer, Sri Lanka’s premier consumer durable retailer and sole agents for John Deere in Sri Lanka, to offer customers convenient leasing solutions on tractors and agri machinery.

Kanrich Finance relocates Wennappuwa branch

Kanrich Finance Limited, intending to deliver an advanced and highly efficient service to its trusted clientele, opened its newly-relocated Wennappuwa branch at No: 7, Chilaw Road, Lunuwila Junction, Wennappuwa.

Union Bank announces appointment of new Deputy Chairman and changes to board

The board of directors of Union Bank announced the appointment of Trevine Fernandopulle as the new Deputy Chairman, with effect from August 30, 2021.

Fitch Ratings affirms NDB’s National Long-Term Credit Rating at A+; Outlook Stable

Fitch Ratings has affirmed NDB’s National Long-Term Rating at A+, with the Outlook as Stable, in its annual rating action on National Development Bank PLC for 2021.

Softlogic Life lauded among Top 100 Best Global MDRT companies in world

Sri Lanka’s fastest-growing life insurance company Softlogic Life was recently honoured among the Top 100 Best Global MDRT companies in the world by the premier global association for finance professionals, Million Dollar Round Table (MDRT).

Sampath Bank rises to Top 5 in Sri Lanka’s Most Respected Entities Listing

Sampath Bank PLC has been ranked fifith in LMD’s Most Respected Entities in Sri Lanka 2021 rankings, based on a survey commissioned and conceptualised by LMD and conducted by Nielsen.

AIA ranked as # 45 in Best Workplaces Asia list

AIA Insurance is proud to be recognised in the Best Workplaces in Asia list - Large Category, making it the first time AIA Sri Lanka is recognised in this prestigious international list.

BOC celebrates 82nd anniversary on an austere note

Bank of Ceylon (BOC), the ‘Banker’s to the Nation’, completes 82 years of leading the Sri Lankan banking and finance landscape.

LCB Finance gears for CSE listing

Lanka Credit and Business Finance Limited (LCB Finance) is preparing for the next milestone in its journey by listing its shares on the Colombo Stock Exchange (CSE) through an Initial public offering (IPO).

People’s Bank refurbishes Polonnaruwa regional head office, Dehiattakandiya branch

People’s Bank recently refurbished its Polonnaruwa regional head office and Dehiattakandiya branch, which were reopened under the auspices of People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku.

Amãna Bank completes 10 years of people-friendly banking

Amãna Bank, Sri Lanka’s one and only licensed commercial bank to fully operate on non-interest-based banking principles, has successfully completed 10 years of its people-friendly banking operations.

Vijitha Herath assumes duties as Sri Lanka Insurance Chairman

Renowned engineering professional Eng. Vijitha Herath assumed duties as Chairman of state-owned Sri Lanka Insurance, yesterday.