Pioneer in microfinance, HNB Grameen Finance Ltd, recently announced the appointment of Hasitha Wijesundara to the director board of the company with effect from September 27, 2016.

Union Bank of Colombo PLC saw its net profits for the quarter ended September 30, 2016 (3Q16) 

A comprehensive revamp of the website of Commercial Bank of Ceylon has dramatically changed the 

AIA Sri Lanka yesterday announced the appointment of Pankaj Banerjee as its new Chief Executive 

In order to strengthen the capital structure of UB Finance Co. Ltd, its parent company Union Bank of 

Sarvodaya Development Finance announces the appointment of Channa de Silva as its new 

Sarvodaya Development Finance announces the appointment of Channa de Silva as its new Chairman on the retirement of Eastman Narangoda, who led the successful transformation process of Sarvodaya Development Finance formerly known as Deshodaya Developm

Fitch Ratings Lanka has assigned People’s Leasing & Finance PLC’s (PLC, AA-(lka)/Stable) senior debentures of up to Rs.8 billion a final National Long-Term Rating of ‘AA-(lka)’.

Vallibel Finance stamped its stature as a development crusader, putting a little known southern town on the radar, while at the same time, taking its novel brand of financial stewardship to yet another hill station.  

Union Bank of Colombo PLC saw its net profits for the quarter ended September 30, 2016 (3Q16) rising as much as 74 percent to Rs.133.2 million from a year ago, on the back of modest growth seen in the bank’s loan book, but the margins came unde

Cargills Bank opened its latest branch in Galle recently, increasing its branch network to 12 as it continues its journey of expansion.

Fitch Ratings has assigned Bank of Ceylon’s (BOC; AA+(lka)/Stable) proposed subordinated debentures of up to Rs.8 billion an expected national long-term rating of ‘AA(lka)(EXP)’. The debentures, which are to have tenors of five and

Asian Alliance Insurance PLC, which commenced operations in 2001, announced its corporate name change to Softlogic Life Insurance PLC, with the launch of its brand Softlogic Life.

The Nittambuwa branch of MBSL & Finance PLC has moved to bigger, better and more convenient premises to enhance service quality for customers. 

Chandrika Wijitha Sri, an account holder at the Kiribathgoda People’s Bank branch, was the 17th lucky winner of the weekly People’s Bank Foreign Remittance Gold Fortune 2016.

REUTERS: Sri Lankan shares edged up yesterday from a 12-week closing low hit in the previous 

Union Assurance, a leading player in the Sri Lankan insurance sector, continuing its efforts to identify 

REUTERS: Britain’s major banks are set to report stronger-than-expected results this week, 

Further strengthening the bank’s commitment to encourage the habit of saving among Sri Lankans, 

DFCC Bank has launched its debenture issue to raise Rs. 4 billion with an option to go up to Rs. 7 billion in the event of an over subscription. 

Along with the government initiatives for financial inclusion, Bank of Ceylon has brought forward 

REUTERS: The Sri Lankan rupee edged down yesterday due to importer dollar demand and a lack of 

In an effort to enhance the effectiveness of directors in the region, the Institute of Chartered 

NDB Investment Bank (NDBIB) successfully advised Mobitel (Private) Limited in its recent acquisition of e-Channelling PLC.  The transaction was announced on the floor of the Colombo Stock Exchange on September 5, and the acquisition was executed

Sri Lanka’s pioneering development bank, DFCC Bank, is steadily increasing its market share by providing innovative products and services backed by technology. 

The 24th annual National Chamber of Exporters of Sri Lanka (NCE) Awards, which fetes outstanding exporters was held on September 30, at the Hilton Colombo.

The National Development Bank PLC was felicitated with awards for Best Use of Mobile Technology (Banking Industry) and Best Use of Mobile Technology in financial services for its newly introduced NDB mobile banking app at the recently held South Asia

Senior public servants who wish to progress in the field of accountancy, can now apply for the Chartered Public Finance Accountancy (CPFA) qualification offered by  CA Sri Lanka along with its public sector wing, the Association of Public Financ

Nine former employees of Seylan Bank Plc last week filed six separate cases in the District Court of Colombo before District Judge M.Y. Irshadeen against Seylan Bank Plc and six other trust companies, namely ESOTS Ltd, SESOT Ltd, SEYSHOP Ltd, SOTSE L

RETUERS: The Sri Lankan rupee ended slightly weaker yesterday on importer dollar demand and as foreign investors sold bonds in the absence of Central Bank intervention, said dealers.