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Sun, 24 Nov 2024 Today's Paper
Driven by smart functionality and high utility, Nations Direct Enterprise (NDE) offers customised payments, cash management, trade and supply chain financing solutions to suit the unique needs of any type of business – be it corporates, MMEs or SME
The Clicklife App, an industry first comprehensive digital solution from Union Assurance that empowers customers to manage their policies, goes a step further by enabling customers to live a healthy lifestyle.
People’s Bank will make a major push towards bringing in more worker remittances to the country with various incentives programmes designed to encourage migrant workers to send more money through banking and other official channels.
National Development Bank PLC hosted the bank’s quarterly on-line Investor Earnings Call, subsequent to the release of its financial results for the financial year ended 31 March 2022.
Insurance brand Allianz has announced the launch of its new ‘Divitharana Insurance product, which provides comprehensive life and health insurance for policyholders and their loved ones, at an easily accessible and affordable price.
In one of the most historic mergers in Sri Lanka, LOLC Finance PLC, the largest NBFI in the country, merged with its sister company Commercial Leasing & Finance PLC (CLC), to become the largest non-banking financial institution (NBFI) in Sri Lanka ea
SDB bank recently entered into a joint initiative together with the Asian Development Bank (ADB), to provide a line of credit (LoC) to selected small and medium-sized enterprises (SMEs) in Sri Lanka, including those led by women, are first-time borro
NDB Bank recently launched a campaign to encourage inward remittances by providing cash prizes worth over Rs. 1 million for customers who collect their Western Union remittances from NDB Bank or any of the bank’s registered agencies including Regio
The Commercial Bank of Ceylon has enabled Senkadagala Finance PLC to become the first finance company in Sri Lanka to activate EMV 3DS fraud prevention technology in the authentication of Visa card transactions of latter’s customers.
Nations Trust Bank continues to expand its customer-centric banking solutions with the installation of the latest Cash Deposits and Withdrawal machine at the Keells Supermarket in Miriswatta, Gampaha.
HNB PLC sealed its reputation as Sri Lanka’s undisputed leader in retail banking, having been crowned as the Best Retail Bank in Sri Lanka for the 12th occasion at the prestigious International Excellence in Retail Financial Services Awards 2022 ho
People’s Bank picked the third millionaire in ‘People’s Remittance Vaasi Kotiyai, Ewannai Dinannai’ draw where the monthly winner of April along with daily and weekly winners between 05th April to 02nd May were selected.
The Commercial Bank of Ceylon has become the first bank in Sri Lanka to enable online payments to the Sri Lanka Standards Institution (SLSI) by linking the institution to ‘ComBank Digital,’ making it possible for customers to pay their fees to SL
HNB General Insurance Limited (HNBGI), a leading general insurance service provider in the country offering innovative motor, non-motor and takaful insurance solutions was awarded the Best General Insurance Company of the Year - Special Recognition A
Fitch Ratings has downgraded Cargills Bank Limited’s (CBL) National Long-Term Rating to ‘A+(lka)’, from ‘AA-(lka)’, and has placed the rating on Rating Watch Negative (RWN).
First Capital Holdings PLC (the Group), a member of the Janashakthi Group, reported loss after tax of Rs. 413 million for the year endedMarch 31, 2022, compared to a profit after tax of Rs. 2.1 billion in the previous year.
Amana Bank PLC reported some robust top and bottom line performance in the three months ended in March 31, 2022, but rising interest rates blunted the margins while the growth momentum could come to a standstill in the ensuing periods as the economy
With the ninth annual CFA Capital Market Awards - which recognize and reward professionals who have established benchmarks for the advancement of domestic capital market participants - scheduled to be held in June this year, the organizers of the eve
Users of Commercial Bank of Ceylon’s popular Q+ Payment App can now settle the outstanding due on credit cards issued by other banks via the in-app Bill Payments option, in addition to settling dues on credit cards issued by Commercial Bank.
Sampath Bank PLC has once again been ranked among ‘Most Loved Brands’ in the country, according to LMD’s Brands Annual for 2022, the bank announced.
Pan Asia Bank recently announced the appointment of Naleen Edirisinghe as its Chief Operating Officer (COO) with effect from 26th April 2022 to take the bank to the next phase of growth.
Continuing its legacy of excellence, Sri Lanka’s Life Insurance trailblazer Union Assurance has won four renowned global awards. These accolades by the Global Business Magazine recognize the Company’s industry-leading achievements in innovation a
Fitch Ratings has maintained ‘A+ (lka)’ National Insurer Financial Strength (IFS) Ratings of HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI).
Commercial Bank of Ceylon has announced it has partnered with several insurance companies to offer special life and general insurance products with unmatched low premium rates exclusively for women customers, under the bank’s Anagi Women’s Bankin
The third Emerging Asia Insurance Awards 2021 recognised LOLC General Insurance PLC as the Best General Insurance Company of the Year amongst the top insurance companies nominated from South East Asia.
DIMO, a leading diversified conglomerate in Sri Lanka, together with Allianz, one of the largest insurance and financial service providers in the world, recently introduced a state-of-the-art motor insurance and claim settlement scheme designed exclu
Higher provisions made for possible loan defaults and other losses likely arising from financial assets dented the profits at Nations Trust Bank PLC (NTB) in the three months to March 2022 although the core banking results were supported by stretched
Seylan Bank PLC reported some steady profits in the three months to March (1Q22) though the bank reported higher impairment provisions against foreign currency denominated financial investments and lacklustre growth.
DFCC Bank has relocated its branches in Aluthgama, Kaththankudi, Akkaraipattu, Nugegoda and Naula to offer an enhanced customer experience in these locations.
NTB recently announced the appointment of Sanjeev Jha to its Board, as a Non-Executive Director with effect from May 1, 2022.
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