ComBank offers discounts up to 25% for ‘Anagi’, ‘Udara’ account holders at Nawaloka

Commercial Bank of Ceylon has joined hands with Nawaloka Hospitals PLC, Sri Lanka’s first premier multi-specialty hospital chain, to offer its ‘Anagi’ women’s savings account holders and ‘Udara’ senior citizens account holders discounts of up to 25 percent on selected treatments and health screening packages.

Union Bank 2Q profit up on expanding margins, fees

Union Bank of Colombo PLC got off to a robust start to the year in the first quarter, with growth in loans and solid profits but the virus-related restrictions reimposed from mid-April threw a wrench into that growth, as the bank recorded a degrowth in loans and assets, although profits were higher in the quarter ended in June from a low base a year ago.

ComBank offers free debit cards to teens opening new Dotcom savings accounts

Teenagers and pre-teens who open new Dotcom teen savings accounts with Commercial Bank of Ceylon will be offered a debit card, free of charge, until the end of August, the bank has announced.

HSBC Sri Lanka has done it again

On the backdrop of completing 129 years of operation in the country, HSBC Sri Lanka continued its leadership position as the best International Retail Bank of the year, at Asian Banking & Finance Retail Banking Awards 2021, for the fifth time, since 2016.

SDB bank geared for Rs.4.5bn SPO on August 5

With SDB bank set to host its Secondary Public Offering (SPO) in early August, investor forums both locally and globally continue to discuss the differentiated investment potential the bank’s strategic SME growth focus carries.

People’s Bank relocates Thambala branch

The opening ceremony of the newly relocated Thambala branch of People’s Bank was held on July 26, 2021, under the auspices of People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku.

Seylan Bank launches state-of-the-art data centre in Colombo

Seylan Bank recently unveiled its state-of-the-art data centre located at Seylan Towers, No. 90, Galle Road, Colombo 3.

ComBank ranked as Strongest Bank Brand in Sri Lanka once again

The Commercial Bank of Ceylon has once again been recognised as the ‘Strongest Bank Brand’ in the country in 2021 by Brand Finance, one of the world’s leading independent brand valuation consultancies.

DFCC Bank pioneers launch of 24-hour online ‘DFCC Leasing Flash Promo’

DFCC Bank has come forward with the ‘DFCC Leasing Flash Promo’, a 24-hour online leasing promotion which offers 0.5 percent interest rate reduction on existing leasing rates.

Sithumina Jayasundara elected SLII President

Sithumina Jayasundara, Chief Operating Officer of HNB General Insurance Limited has been elected as the 19th President of the Sri Lanka Insurance Institute (SLII).

HNB powers real-time online payments to IRD with LankaClear

Sri Lanka’s most digitally-innovative private sector bank HNB PLC, joined hands with LankaClear (Pvt) Ltd. to pioneer the real-time online direct payment facility to the Inland Revenue Department (IRD) through its corporate payment solutions platform PAYFAST.

NDB Wealth’s Income Fund paves way for new investment opportunities

NDB Wealth, the expert wealth and financial planner has always provided investors with solid and sensible investment plans to help enhance their financial growth.

Sampath Bank introduces helpline for Business Startup Advisory Services

Sampath Bank PLC announced the launch of a helpline for Business Start-up Advisory Services under its flagship entrepreneurship development programme, ‘Sampath Saviya,’recently.

NDB relocates Narahenpita branch for customer convenience

NDB recently relocated its Narahenpita branch to a more conveniently accessible location in Kirula Road, Narahenpita to provide a better service experience to the bank’s clientele in the area, open from Monday to Friday 9.00 a.m. to 3.00 p.m.

Seylan Bank honours sales force for steering the brand

Seylan Bank acknowledged its top-performing sales executives at the Annual Sales Awards 2020.

HNB ranked among Top 1,000 World Banks 2021 once again

Sri Lanka’s largest retail bank HNB PLC achieved another important milestone in its transformation journey, after once again securing its ranking in the prestigious UK-based The Banker Magazine’s Top 1,000 World Banks for the fifth year in a row.

Ceylinco Life opens latest Green branch on company land in Piliyandala

Ceylinco Life has placed another Green pin on its branch map with the opening of its latest eco-friendly branch in Piliyandala in a purpose-designed building constructed to the environment-friendly specifications adopted for all new branches on company-owned land.

ComBank powers Durdans Hospital with POS devices for contactless payments

Commercial Bank of Ceylon has deployed all-in-one, Android-powered point-of-sale terminals to Durdans Hospital in Colombo to enable customers to make convenient and secure tap-and-go and scan-and-pay payments.

CDB supports agricultural sector from frontline

Citizens Development Business Finance PLC (CDB), lauded as one of the Top Ten Corporate Citizens for Sustainability in Sri Lanka, has come forward to support and enhance the agriculture sector in Sri Lanka.

Sri Lanka Insurance holds Annual General Meeting via Zoom online

Sri Lanka Insurance held its Annual General Meeting via Zoom online platform on July 7, 2021.

Astrue Alpha leads sri Lankan mutual fund industry with highest rate of return

The active trading strategy and the short-term outlook adopted as a result of high volatility in the equity market have made Asset Trust Management (Pvt) Ltd.’s flagship unit trust fund Astrue Alpha a clear winner in terms of returns to investors.

ComBank re-launches website with tri-lingual content and other enhancements

The Commercial Bank of Ceylon has announced that itswebsite, now an indispensable tool for millions of customers and information seekers, has been re-launched as a trilingual resource, with a series of cutting-edge enhancements.

Seylan Bank partners with PayHere to empower biz with online payments

Seylan Bank has joined hands with PayHere to empower Sri Lankan small businesses with online payments. This strategic partnership allows the new merchants to join PayHere with any local bank account.

M Power Capital celebrates 7 years of resounding success and growth

Established in February 2014 with a vision to provide clients with innovative and customized solutions in corporate finance, M Power Capital (MPC) is celebrating seven years of hard won success and growth.

NDB Bank recognized as one of SL’s Best workplaces by Great Place to Work

National Development Bank PLC (NDB Bank), Sri Lanka’s 4th largest listed bank was recently recognized as one of the 40 Best workplaces in Sri Lanka by the independent analysts at Great Place to Work in Sri Lanka.

People’s Bank ranked amongst world’s Top 1000 Banks yet again

People’s Bank has been named amongst the Top 1000 Banks in the world by The Banker Magazine UK for the fourth consecutive year.

Visa appoints Avanthi Colombage as Country Manager for Sri Lanka and Maldives

Visa Inc., the world’s leader in digital payments, announced the appointment of Avanthi Colombage as Country Manager Sri Lanka and the Maldives for Visa.

Sampath Bank delivers customisable total cash management solutions for businesses of all sizes

Sampath Bank reiterated its commitment to supporting businesses around the island with the integration of its extensive suite of corporate cash management services under one umbrella, to offer greater convenience to its customers.

Fitch affirms People’s Bank at ‘AA-(lka)’; Outlook Stable

Fitch Ratings has affirmed the National Long-Term Rating of People’s Bank (Sri Lanka) (PB) at ‘AA-(lka)’. The Outlook is Stable.

Fitch affirms Bank of Ceylon at ‘CCC’ and ‘AA- (lka)/Stable

Fitch Ratings has affirmed Bank of Ceylon’s (BOC) Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘CCC’.