The Board Secretaries Forum, a joint initiative of the Sri Lanka Institute of Directors (SLID) and Institute of Chartered Corporate Secretaries of Sri Lanka, hosted a webinar and panel discussion on the role of the FIU and obligations of directors an

The initial public offering (IPO) of Sarvodaya Development Finance (SDF) will open to the public on November 23 and will comprise an initial issue of 22,727,273 shares raising Rs.500 million, followed by a green shoe issue of a further 22,727,273 sha

Softlogic Finance PLC returned to profit in the three months ended in September on very little provisions made for possible bad loans, after the company made a decision to curtail unsecured lending to small and medium enterprises, which caused severe

Seylan Bank, the Bank with a Heart, relocated its Mannar branch to a spacious new location on November 15, 2021.

LIC Lanka (Ltd) welcomes Eshanth Wijesinghe on board as a Director, with effect from August 2021.

People’s Bank further expanded its wide ATM network by opening an ATM at the University Grant Commission on November 16.

The LANKAQR Nationwide Rollout Campaign was launched recently at the Central Bank of Sri Lanka (CBSL), with the aim of promoting LANKAQR payments amongst the small and medium merchants as well as consumers throughout the nation. During this national

DFCC Bank, one of the premier commercial Banks in Sri Lanka, in its path towards securing a resilient nation through the facilitation of equitable and inclusive economic growth, seeks to comprehensively utilise one of the largest credit lines of US $

The initial public offering (IPO) by Lanka Credit and Business Finance Limited (LCBF), which successfully closed on October 26, 2021, within minutes of opening amidst strong investor interest, is set to debut for secondary market trading on the Colom

Sanasa General Insurance Company has restrengthened its corporate business development unit and the inauguration ceremony was held at the Sanasa Life insurance company auditorium earlier this month.

Jeevan Gnanam, initiator of the HatchX: Sri Lanka’s pioneer fintech accelerator, was recently honoured by awarding the Global Academy of Finance and Management (GAFM)’s Certification - Master Fintech Professional, for his contributions towards th

LOLC Al-Falaah has yet again secured three top awards at the recently concluded 10th SLIBFI (Sri Lanka Islamic Banking and Finance Institutions) Awards 2020/21.

People’s Bank marked yet another milestone in its award-winning, industry-leading digital transformation journey with the recent launch of People’s Pay Mobile Payment Wallet app.

Commercial Bank of Ceylon has become the first bank in Sri Lanka to deploy EMV 3DS fraud prevention technology in collaboration with Visa for authenticating payments made by credit, debit and pre-paid cards issued by the bank.

Commercial Bank of Ceylon was among the top 10 winners at the inaugural Women Friendly Workplace (WFWP) Awards jointly pioneered by Satyn, Sri Lanka’s first online magazine for women and the Chartered Institute of Management Accountants (CIMA) Sri

Sri Lanka’s leading state-owned non-bank financial institution (NBFI) People’s Leasing & Finance PLC recently unveiled its mobile application – PLC Touch – to facilitate a convenient user experience.

NDB Bank introduces the brand-new ZEE digital youth account, an exclusive digital journey, in the form of a savings account tailor-made for the new generation.

Considering the growing education cost and necessity of having funds for the education, the national insurer Sri Lanka Insurance provides reliable insurance solutions allowing parents to secure a bright future for their children.

N-able (Private) Limited, Sri Lanka’s leading technology solutions provider, advances into new frontiers by expanding its footprint beyond Sri Lanka to extend its design consultancy and engineering services to customers across prime international m

Big Bad Wolf Books has announced exciting news for everyone to hop on board the Wolf’s ship to browse and shop for hundreds and thousands of books at extremely affordable discounts on lk.bbwbooks.com for an additional four days until November 14, 2

The fourth consecutive edition of Sri Lanka’s most sought-after SLASSCOM National Ingenuity Awards, which seeks to recognise and celebrate innovation in the IT/BPM sector of the country, is all set to take centre stage on February 25, 2022.

Building on its long-standing efforts to drive the adoption and usage of LANKAQR-based payments in the island, Sampath Bank delivered LANKAQR payment acceptance capabilities to one of the country’s leading diversified conglomerates, Damro Group.

A book authored by People’s Bank Chief Legal Officer Muditha Peiris Karunarathne titled ‘Legal Aspects Relevant to Banking Activities’ was officially published recently.

NDB Bank, which has always made an effort to ensure gender equality within the workplace, received an honourable mention at the first-ever Women Friendly Workplace Awards (WFWP Awards) 2021, jointly pioneered by Satynmag.com and CIMA Sri Lanka.

Having established itself as the preferred, full-service investment bank in Sri Lanka, the CAL group is expanding into overseas markets such as Bangladesh. As the group takes its first international steps forward as part of the group’s expansion st

The first-ever Women Friendly Workplace Awards (WFWP Awards) 2021, jointly pioneered by Satynmag.com and CIMA Sri Lanka, was held recently at Cinnamon Grand.

Hatton National Bank PLC (HNB) embraced a timely partnership with Lakdhanavi Ltd (a member of LTL Holdings Group) to serve as the arranger/lead banker to a syndicated loan facility together with several other commercial banks for the development of 3

The Commercial Bank of Ceylon recently participated in the Central Bank of Sri Lanka’s (CBSL) ‘rgmqrdu LANKAQR’ programme’s nationwide rollout campaign to promote cashless digital payments via the LANKAQR platform.

Enhancing convenience and accessibility while continuously adding value to their offerings, Assetline Leasing entered into an agreement with Cargills Bank to facilitate leasing payments via any of the over 460 Cargills Food City outlets Island wide.

DFCC Bank PLC delivered some solid financial performance for the three months to September, as the bank continued to grow its loans while the trading of foreign exchange added a massive gain in the three months characterised by the extreme volatility