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Tue, 26 Nov 2024 Today's Paper
Standard Chartered, in its most recent innovative affiliation, introduces Straight2Bank Wallet in partnership with Dialog Axiata’s eZ Cash platform to expand the cashless payment services.
Nations Trust Bank (NTB) American Express (Amex) cardmembers now stand a chance to win an all-expenses paid holiday of a lifetime to explore the world and experience the best it has to offer by simply using their cards for all purchases from July 1 t
Commercial Bank’s credit and debit card holders can stay at fancy hotels, purchase lifestyle electronic products, watch movies and enjoy online deals all at discounted rates offered throughout August and also enjoy zero percent interest offers
Seylan Bank PLC reported earnings of Rs.3.74 a share or Rs.1.32 billion for the June quarter (2Q17), recording an increase of 25 percent year-on-year (YoY) amid weaker growth in loans, compressed margins and higher loan loss provisions, the interim r
DFCC Bank PLC reported earnings of Rs.5.84 a share or Rs.1.54 billion for its April – June quarter (2Q17) compared to the Rs.747 million profit it recorded during the same period last year as the sale of shares it held in Commercial Bank helped
The country’s largest finance company, People’s Leasing & Finance PLC (PLC) posted a Rs.796 million net profit for the 1st quarter of 2018, down 25.9 percent compared to the same quarter last year, as the firm continued to feel the su
Abans Finance, a member of the Abans Group, has registered a pre-tax profit of Rs.197.4 million for the period ended 31st March 2017, compared to Rs.130.5 million recorded in the corresponding year of 2016, achieving a YoY growth of 51.29 perce
With the confidence and trust that has been build over the years in the Sri Lankan banking and financial services sector, the country’s No.1 brand steps into its successful 78th year of service as “Banker’s to the nation” on A
Created by the society, with the society, and for the society, ‘Sanasa movement’ is truly the largest and one-of-its-kind in the country with an ever-increasing membership.
The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) commenced a series of Investor Forums titled ‘Kotas welenda pola: nagarayen nagarayate’ with a view to showcasing the benefits of investi
Lankaputhra Development Bank has come forward to provide loan facilities to entrepreneurs who are already engaged in the orchid industry and who intend to grow orchid.
The mid-sized bank, Pan Asia Banking Corporation PLC, has reported a decline in its profits for the April-June quarter amid higher cost of funds and poor asset quality in a higher interest rate environment.
Amãna Takaful PLC (ATL), the only fully-fledged Takaful operator in the country and the flag bearer of the Takaful way of insurance in Sri Lanka, recently relocated its Akkaraipattu branch with the intention of serving its customers better.&nb
Union Assurance PLC (UA) was acknowledged with the Global Master Brand Status for the period of 2017 – 2018 at the first-ever Master Brand Award ceremony organised in Sri Lanka, which was held recently, at Taj Samudra, Colombo.
The branch-wide investor education campaign conducted by the Colombo Stock Exchange (CSE) has been well received over the first half of the year, with over 350 educational and awareness initiatives conducted in 2017.
In continuing to offer its customers the best leasing solutions in the market, Sampath Bank has once again introduced the lowest vehicle leasing interest rate in the country.
REUTERS: Morgan Stanley, Royal Bank of Canada and three other banks agreed to pay a combined US $ 111.2 million to settle U.S. litigation accusing them of rigging prices in the roughly US $ 5 trillion-a-day foreign exchange market.
For the second consecutive year, Fairfirst Insurance, the market leader for health insurance, won the title of Excellence in Medical Insurance, at the Fintelekt Insurance Industry Awards held in Mumbai recently.
Commercial Bank of Ceylon has introduced Mastercard debit cards with Chip and PIN technology for the first time in Sri Lanka.
Reaching out to its customer base, CLC made a few iconic additions to their existing branch network during the month of June.
People’s Bank achieved a unique milestone in its digitalisation drive with the opening of its fully-fledged Digital Centre by Prime Minister Ranil Wickremesinghe, at York Street, Colombo 1.
Ustocktrade, the world’s first retail alternative trading system (ATS), the mission of which is to bring Wall Street to Main Street, announced yesterday its launch in Sri Lanka, the first international expansion for Ustocktrade.
The number one bank in the country, Bank of Ceylon (BOC) has won the Best Employer Brand Award and Best Bank in Public Sector – Excellence and Leadership Award for the Banking and Financial Services Industry, presented at the event hosted by th
The CFA Society Sri Lanka announced the holding of the fifth Capital Market Awards on August 01st. The award ceremony recognises and rewards professionals who have established industry benchmarks and spearheaded governance and ethics to advance the d
National Development Bank PLC, the development lender turned commercial bank, reported earnings of Rs.4.48 a share or Rs.748. 1 million for the April -June quarter, recording an increase of 39.7 percent from a year ago as the bank managed to maintain
Sampath Bank, a name synonymous with the future of banking in Sri Lanka has long been a trail blazer in the industry with a long list of accolades to their name.
The Project Finance Team of HNB’s Corporate Banking Division congratulated the success of Wind Force (Pvt) Ltd on completion of their 10 MW solar power project in Vavuniya under the name of Vydexa (Lanka) Power Corporation (Pvt) Ltd.
IFC, a member of the World Bank Group, is partnering with Sri Lanka’s Commercial Bank of Ceylon (CBC) to help the bank increase investments in local companies focusing on renewable energy and energy-efficiency projects.
Softlogic Life Insurance, Sri Lanka’s fastest growing and most innovative Life Insurer, has been conferred with the top two awards, ‘Excellence in Agency Distribution’ and ‘Excellence in Claims’ at the Sri Lanka Insuranc
DFCC Bank opened its newest branch in Tissamaharama recently.
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