REUTERS:  AIA Group Ltd, the world’s third-largest life insurer by market value, clocked a 20 percent increase in new business in the third quarter aided by strong sales in its main markets of China and Hong Kong.

NDB was crowned as Best Overall Local Bank in South Asia for BRI (Belt & Road Initiative) at the Asiamoney New Silk Road Finance Awards 2017. 

HSBC Sri Lanka celebrated Deepavali, the festival of lights with customers and staff at HSBC branches in Wellawatte, Galle, Jaffna and Kandy recently.

Prime Finance PLC, a unit of Prime Lands (Pvt.) Ltd, yesterday announced the appointment of Rasika Kaluarachchi as its CEO with effect from October 10, 2017.

Pan Asia Bank known for its innovative financial products, recently unveiled a value added Children’s Savings Account under the name ‘Mithuru Max’ with a redesigned gift scheme.

Union Assurance with its preeminent services continued for more than three decades hasalways focused its efforts to deliver the best, customized insurance solutions to the communities which they operate, powered with innovation the and integrated wit

LB Finance, Sri Lanka’s pioneer in innovative financial services recently relocated its Samanthurai branch to a new location in No.25, Hijra Junction, Samanthurai recently. This occasion was graced by two Executive Directors Niroshan Udage,&nbs

In a continuing effort to partner its clients and support them to achieve their aspirations, Sri Lanka’s leading retail bank, HNB PLC, announced that it would be reducing interest rates on all of its core personal financial products – spa

Standard Chartered once again brings to its credit cardholders a one-of-a-kind proposition – the freedom to shop and to be one of the lucky winners to have the bank pay off the outstanding balance on the credit card.

NDB introduced its latest product NDB Achara, a loan proposition solely dedicated to the pensioners of the country.

Following the declaration of 1st September as National Insurance Day and Insurance Awareness Month well underway, it was a most opportune moment to consult two top professionals in the industry. 

The 2016 Annual Report of Ceylinco Life has won three awards at the ARC Awards in Tokyo, one of the largest and most prestigious competitions in the world honouring excellence in annual reports. Sri Lanka’s life insurance market leader received

In its latest rating review, Fitch Ratings Lanka has affirmed the National Long-Term Rating of Amãna Bank at BB(lka) with a ‘Stable’ outlook.  

Sampath Bank, in its continuing commitment to emphasize the importance of saving, has introduced an exciting gift promotion that will both incentivize and help depositors save money. 

With the objective of enriching the convenience of banking to its customers, Amana Bank’s main branch located in Colombo 3 has expanded its banking services to 365 days, with business hours on weekdays scheduled from 9.00am to 7.00pm and on wee

Allianz Life Insurance Lanka, in a bid to provide their customers with greater convenience recently launched their automated underwriting platform ‘AUSYS’. 

In commemoration of Deepavali yesterday, People’s Bank organized a series of ceremonies at the Wellawatte branch.

HSBC Sri Lanka has once again been recognised for its digital capabilities by winning the Best Consumer Digital Bank Country award by Global Finance at the Best Digital Bank Awards 2017, and this is the 11th time that HSBC has won this prestigious aw

Bank of Ceylon is ready to multiply your happiness when you remit money from abroad to your loved ones, filling your homes with goods that will add happiness to your day-to-day life, BOC ‘Pita Pita Rata Thegi’ will offer customers a chanc

Islamic Finance Forum for South Asia (IFFSA) 2017 under the theme ‘Cooperation I Consolidation I Concentration’ organised by UTO EduConsult in conjunction with KPMG as Knowledge Partner and Adl Capital as Key Event Partner will be held on

Further strengthening its network spread across the island, Sri Lanka’s fastest growing life insurer Softlogic Life opened five branches in - Anuradhapura, Badulla, Kurunegala, Seeduwa and Weligama, during the September quarter.

Seylan Bank’s International Trade Services Department was relocated to a new premises at the Seylan Bank Head Office to provide more convenience to its customers. The Imports and Exports

Fitch Ratings has assigned Nations Trust Bank PLC’s (NTB, A(lka)/Stable) Sri Lanka rupee-denominated proposed Basel III-compliant subordinated unsecured debentures an expected National Long-Term Rating of ‘A-(lka)(EXP)’.

While experiencing the beauty of Deepavali, the Hindu Festival of Lights, always bear in mind that planning ahead makes any of life’s milestones even better.

Fitch Ratings has assigned Seylan Bank PLC’s (A-(lka)/Stable) proposed Basel III-compliant subordinated debentures an expected National Long Term Rating of ‘BBB+(lka)(EXP)’.

Nations Trust Bank introduces Nations Flexi Deposit, a scheme tailor-made for fixed deposits with a flexible investment period of the customer’s own choosing to receive the benefits of high interest earnings.

Have you thought about your retirement? Or has planning for it seemed so complicated and overwhelming that you put it aside for later? If so, then you are not alone. Most people find planning for retirement an expensive task with tons of paperwork, l

Spreading the thoughts of showing Sri Lanka the path to achieving enduring success, Union Assurance (UA) has taken steps to launch a special brand awareness programme, which commenced its activation programmes throughout the island from October 9 and

The International Accounting Standard Board (IASB) issued a new insurance contracts standard, International Financial Reporting Standards (IFRS) 17 Insurance Contracts. Ernst & Young (EY) finds that this will trigger a landmark shift in the finan

Marking a milestone in its 56 years long history, People’s Bank recently opened its 100th self-banking unit in the People’s Bank Trincomalee regional head office premises.