Fitch Ratings has revised the outlook on Sri Lanka Insurance Corporation’s (SLIC) Insurer Financial Strength (IFS) rating to Stable from Negative and affirmed the IFS rating at ‘B+’. 

The Merchant Bank of Sri Lanka (MBSL) & Finance PLC has kicked off 2017 with new 3-year strategic plan, after the most complex but successful consolidation in Sri Lanka’s financial sector history, MBSL is now poised to enter a new era of gr

After six decades of nurturing small and medium businesses to become leading enterprises in their respective sectors, DFCC Bank launched Vardhana Sahaya, effectively extending its expertise to the small enterprise category. 

Union Bank’s Pettah branch was relocated to spacious new premises at 111 Main street Colombo 11, offering a redefined banking experience to customers. 

Standard Chartered’s Priority Banking unveiled its flagship Centre at 22A Sir Marcus Fernando Mawatha, Colombo 7 at a ceremony graced by clients and staff. 

REUTERS:  The top Federal Reserve official charged with financial regulation said last week that he would resign, just a week after the new administration of President Donald Trump said it would undertake a review of what it sees as onerous bank

Fairfax Financial Holdings Ltd. will pay US $144 million for New Zealand insurer Tower Ltd., giving it an instant, significant presence in a growing, emerging market.

Nations Trust Bank recently partnered with Damro to offer their American Express and Master Card credit cardholders a special 30 month interest-free installment plan at no extra charges and 10 percent savings for purchases made on a wide range of ele

Union Assurance is constantly re-defining its service offerings and the ways in which it interacts with and gets feedback from its key stakeholders. 

The Commercial Bank of Ceylon recently interacted with 160 entrepreneurs from the Gampaha and Puttalam districts at a programme held in Wennappuwa as part of t

The financial institutions received a strong push by the leading local software development company hSenid to get onboard the financial technology (Fintech) platform to reap the benefits of the ongoing disruption across all industries.

DFCC Bank continued in its efforts to drive the growth of its network reaffirming its commitment towards advancing financial inclusivity, in the month of February. The newest branch was opened in Nawalapitiya recently, located at No: 13B, Urban Counc

Sampath Bank’s largest fully-owned subsidiary, Siyapatha Finance, ceremonially relocated its Negombo branch located at No: 187, Thaladuwa Road, Negombo, to a more convenient fully-fledged branch at No: 287, Main Street, Negombo recently.  

Amãna Takaful PLC (ATL) proudly unveiled its latest revolutionary insurance schemes, ‘Smart Rider Cover’ - a compelling insurance scheme for motorbikes and ‘Tuk Tuk Full’- a unique insurance scheme for three-wheelers, a

Intellect Design Arena Ltd, a digital technology product provider across banking and insurance, announced that Citizens Development Business Finance PLC (CDB) has gone live with Intellect’s Digital Face, an omnichannel solution catering to the

Having marked Sri Lanka’s Independence Day, it’s time to start preparing for your own financial independence. Meaning different things to different people, financial independence can, for example, result in being debt free or even having

The Ceylon Chamber of Commerce (CCC) is inviting corporate firms to be a part of its annual Business Events Calendar of the year 2017/2018, which plans to hold a series of key business events, forums, seminars and discussions throughout the year.

On the popular theme ‘Birth of Freedom’, People’s Bank has taken steps to grant Isuru Udana gift certificates to babies born during the Independence Week.

Bank of Ceylon’s (BOC) annual report 2015 won the Best Presented Annual Report Award in the Public Sector Banking Institutions category,

Sri Lanka’s fastest growing commercial bank, Pan Asia Banking Corporation PLC’s (PABC) Saviya microfinance loan scheme is designed to assist development of livelihood for prospective entrepreneurs who remain largely overlooked by the main

The leading non-bank finance company in Sri Lanka, People’s Leasing and Finance PLC (PLC), subsequent to opening its 101st and 102nd branches in Walasmulla and Kinniya, commissioned its 103rd branch ceremonially in Warakapola, at No: 177, Kan

The national mobile service provider, Mobitel, has partnered with Cooplife Insurance Limited to increase its institute partner network for insurance premium payments via mCash.

Being the number one bank in Sri Lanka, Bank of Ceylon (BOC) manages several funds at present and has decided to extend portfolio management service (PMS) to all clients including individuals, corporates and trust funds through its Investment Banking

Shopping with National Development Bank PLC (NDB) Good Life cards was better than ever with the biggest bill wipe out last season. The customers stood a chance of winning by simply shopping for Rs.25,000 on anything, anywhere with their NDB Good Life

An annual, countrywide campaign to widen the life insurance net through interaction with the masses gets underway on Saturday, February 11, when Ceylinco Life launches its Life Insurance Week (LIW). 

REUTERS: Deutsche Bank posted a net loss of 1.9 billion euros (US $ 2.05 billion) in the fourth quarter as legal costs for past misdeeds outstripped gains from a rebound in bond trading. Germany’s flagship lender missed the higher expectations

CFA Sri Lanka announced that Royal Institute of Colombo has won the local competition of the CFA Institute Research Challenge and now advances to the Asia Pacific Regional where it will compete against universities from Asia Pacific.  

Continuing its rapid growth momentum in the new year, HNB, Sri Lanka’s premier private sector commercial bank, announced the opening of its newly relocated Customer Centre at Galle Road, Colombo 03.

Lanka Hospitals and the National Insurance Trust Fund (NITF) for the 7th consecutive year, entered into an affiliation offering government employees access to high quality private healthcare services at affordable costs. 

Two students of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) emerged as champions of the South Asian region at the inaugural IFRS Quiz Contest organized by the South Asian Federation of Accountants (SAFA).