- The ‘New Normal‘- taking Early Years Education to the next level – Footsteps Preschool virtual learning
- DFCC Bank’s Ranwarama Pawning Facility lends a helping hand to those with urgent cash requirements
- Ceylon Chamber Proposes Multi-Sectoral Approach For Post-Covid19 Economic Revival
- Cancellation of the licence of ‘The Finance Company PLC’
DFCC Bank’s Ranwarama Pawning Facility lends a helping hand to those with urgent cash requirements »
With many families experiencing financial instability due to the COVID-19 outbreak that has had a significant impact on the Sri Lankan economy, DFCC Bank introduces its “DFCC Ranwarama” Pawning Facility as a solution for families to meet their urgent cash requirements.
The Commercial Bank of Ceylon has announced a reduction of lending rates across the board in response to the present needs of individual and corporate borrowers and in line with the downward trend of interest rates in Sri Lanka.
Amãna Bank achieved a commendable Q1 performance in 2020, which saw its customer deposits grow by Rs 5.4 billion or by 8% to close the quarter at Rs 77.0 billion.
Two more leading educational institutions in Sri Lanka have appointed the Commercial Bank of Ceylon as their Internet Payment Gateway (IPG) service provider,
The operating profit of Sri Lanka’s Hatton National Bank (HNB) before VAT and taxes declined by 13.5% to Rs 4.2 Bn compared to Rs 4.9 Bn in the corresponding period of 2019, interim accounts showed.
SDB bank recently appointed Banking and Financial Tech expert Dinil Perera as Chief Digital Officer. His extensive banking-focused IT experience both in Sri Lanka and globally,
Former Pan Asia Banking Corporation (PABC) Chairman and head of Esna Group of Companies Eshana De Silva has been appointed as the new chairman of National Development Bank PLC (NDB).
ComBank makes Healthy growth in business volumes and an extraordinary contribution from other income, before the slowdown attributed to the COVID-19 pandemic,
As the world battles with the unprecedented impact of the COVID-19 pandemic, Seylan Bank in a joint initiative with its staff members have supported the Sri Lankan community with several initiatives to combat the impact of the pandemic.
People’s Bank has launched the Aswenna loan scheme, a unique product that is in line with the Government’s development programme to create a self-sufficient nation.
Sampath Bank continued to demonstrate its commitment to offer the best possible service to its customers across the Country by maintaining all essential banking services without interruption amidst curfew restrictions imposed during the COVID-19 lockdown.
Pan Asia Banking Corporation PLC concluded 2020 Q1 with the best ever financial results in a first quarter of an year in its 25 year history to report a Profit before tax of Rs.652 Mn
Colombo Premier commercial bank in Sri Lanka, DFCC Bank offers an unprecedented interest rates for one-year fixed deposits with a view to increasing the interest income of customers earn a monthly income by fixed deposits as a relief measure for COVID 19 impact.
The Commercial Bank of Ceylon, Sri Lanka’s largest payment card issuer, has announced a new partnership with Visa, the global payments technology leader, to launch CyberSource, a global payments management platform that will further expand the array of payment services available to any merchant looking for digital payment solutions.
Nations Trust Bank introduces Special Deposit Account supporting national effort to manage COVID-19 challenges »
Understanding the unprecedented challenges the country faces from COVID-19 and the impact on all citizens, Nations Trust Bank has launched a Special Deposit Account (SDA),
Sarvodaya Development Finance (SDF), a licensed Finance Company approved by the Central Bank of Sri Lanka, has come forward to assist in the battle against the COVID-19 pandemic. In keeping with the purpose of SDF,
The national insurer Sri Lanka Insurance, together with Ceylon Petroleum Corporation and Litro Gas donates 10,000 liters of surface disinfectants to be distributed among Municipal Councils,
Premier commercial bank in Sri Lanka, DFCC Bank offers an unprecedented interest rates for one-year fixed deposits with a view to increase the interest income
Amana Bank now provides its customers the ability to register for Internet & Mobile banking from the safety and comfort of their homes.
Despite its strong-footed entry into the first quarter of 2020, Union Bank’s core banking growth compressed since mid-March up until the end of the first quarter, owing to unprecedented economic impacts of the ongoing global pandemic.
Sri Lanka’s most digitally innovative bank, HNB PLC, announced the launch of AppiGo, a revolutionary platform which enables any business to rapidly establish end-to-end e-commerce capabilities with ease.
Sri Lanka Telecom, the national telecommunications provider, proudly announces the appointment of Mr. Lalith De Silva as the new Group Chief Executive Officer with effect from 7th February 2013.
The Commercial Bank of Ceylon has announced an upgrade to its ground-breaking all-digital banking app ‘Flash’ – Sri Lanka’s first fully-fledged Digital Bank Account when it was launched by the Bank last year.
With the spread of COVID-19 continuing to create unprecedented challenges to communities, Union Assurance PLC (UA) as an organization deeply committed to protect the well-being of its stakeholders,
In an effort to lessen the financial struggles that cardholders may face during this uncertain period, SampathCards has implemented a series of measures for all of its valued cardholders as the COVID-19 pandemic continues to bring fresh difficulties.
Sri Lanka’s Seylan Bank PLC staff apart from delivering essential services, contributed a days salary and the bank contributed an equal amount to fight COVID-19 in the country, the bank said.
Launches revolutionary platform ‘ComBank Simple Pay’ for first time in Sri Lanka, enabling SME entrepreneurs to digitize businesses
With international economies seeing a downturn due to the COVID-19 outbreak, Sri Lanka is working tirelessly to take all necessary steps to ensure the wellbeing of its citizens.
Union Assurance received the internationally acclaimed Celent Model Insurer Award for legacy and ecosystem transformation at the recently concluded event in New York,
AIA Lanka announced the renewal of their partnership with the Sri Lanka Cancer Society, for 2020. AIA will continue to donate Rs 100/- on behalf of every new policy sold in the year, to the Sri Lanka Cancer Society.
The only fully fledged Shari’ah compliant insurance service provider, Amãna Takaful Maldives conducted the ninth AGM on virtual platform for the first time.
The Board of Directors of SDB bank recently appointed Financial Institutions expert Dinithi Ratnayake as a Director of the bank. Her extensive banking and finance experience is set to further diversify and strengthen the bank’s formidable board.
Standard Chartered Sri Lanka steps up for clients affected by COVID-19 pandemic Affirms global commitment to be ‘Here for good’ »
Standard Chartered Sri Lanka has stepped up to support clients affected by the COVID-19 pandemic, announcing a series of relief measures and innovative concessions for the benefit of retail and corporate clients.
The Global Banking & Finance Awards UK recently announced Dr. Sulochana Segera as the winner of ‘Business Woman of the Year Sri Lanka’.
Amana Bank recently introduced ‘Bank on Wheels’, in line with the need of the customers to get their basic banking needs fulfilled amidst the Covid-19 outbreak that has forced all citizens to stay indoors, subsequently disrupting their day-to-day banking activities.
The Commercial Bank of Ceylon has announced a series of concessions for borrowers whose loans had already been classified as non-performing when the government’s measures against the spread of COVID-19 began to impact on businesses.
The Commercial Bank of Ceylon has announced it is extending its self-registration facility for Online Banking and for opening ‘Flash’ Digital Accounts till further notice to enable customers to continue to practice safety precautions even after travel restrictions are relaxed by the government.
Seylan Bank, the bank with a heart, has initiated a host of financial relief measures for all customers during these times of economic unpredictability.
HNB PLC announced a series of partnerships and digital innovations aimed at supporting customers and enterprises with uninterrupted access to all essential banking services during the COVID-19 global pandemic.
Sri Lankans confined to their homes by the COVID-19 pandemic were able to withdraw money virtually at their doorsteps thanks to the deployment of mobile ATM units by the Commercial Bank of Ceylon.
People’s Bank distributes over Rs.150 million to customers in 10 days via its Mobile Banking Vehicle »
launched with the objective of bringing banking services to the doorstep of customers who were unable to visit the bank due to the curfew situation caused by the Coronavirus, was successfully able to disburse over Rs.150 million to over 10,000 customers between the 1st to the 10th of April.
The general public is hereby informed that having considered the request made by the Union Bank of Colombo PLC (UBC), the Monetary Board of the Central Bank of Sri Lanka has granted approval for UBC to cease its operations as a Primary Dealer with effect from 01 May 2020.
Hiran Perera, Director Group Treasury, Softlogic, has been appointed to the Board of National Development Bank PLC with effect from April 23, 2020.
HNB PLC announced the implementation of a slew of special support measures to provide financial relief to their cardholders. The Bank said it had initiated these measures to help their valued customers and community tide over this difficult period, so that they could focus on other priorities and continue to provide the best for their families and themselves.
In aiding the prevailing situation in the country, a full-service commercial bank DFCC Bank, has made the responsible decision to provide financial concessions to its valued customers who have been affected by the Covid-19 pandemic, in accordance with the relief guidelines invoked by the Sri Lankan Government through the Central Bank of Sri Lanka (CBSL).
The staff of Amana Bank embarked on a stride to bring smiles to the faces of the Security Forces, Police and Health workers by gifting them with sweets and confectioneries on the following day of Avurudu as a gesture of tribute and appreciation of their invaluable services.
The CSR Trust of Commercial Bank of Ceylon has made a series of donations of essential equipment to hospitals to support doctors and healthcare personnel battling to treat victims and prevent the spread of the pandemic.
During this challenging period, DFCC Bank has tied hands with the Ceylon Chamber of Commerce (CCC) as the main sponsor and official banking partner to host a webinar to financially guide small and medium-sized enterprises through the current COVID-19 outbreak.
Ceylinco Life has announced it will pay up to Rs 1 million more on claims in respect of deaths due to COVID-19 to holders of life policies who pay their premiums on time.
With the COVID-19 crisis continuing to create unprecedented challenges to communities, Union Insurance PLC (UA) as an organization deeply committed to protect the wellbeing of all its stakeholders, announced a series of action plans to strengthen its commitment to tackle this global health, economic and social emergency.
HNB PLC announced a partnership with Pick Me to provide all its customers with free delivery through the service providers’ app.
HSBC partnered with World Vision to provide dry ration packs to the most vulnerable families affected by the current emergency situation in the country, due to COVID-19. The project is being carried out as part of World Vision’s new match funding initiative ‘Every rupee you give is doubled’ - where the humanitarian organization will match the contribution.
People’s Bank had taken steps to ensure that senior citizens who visited any bank branch on 2nd, 3rd and 6th April to claim their pensions were given a special service in a safe, hygienic environment in the wake of the difficult situation in the country caused by the Coronavirus pandemic.
The Ceylinco Group of Companies, appreciative of the roles being played by the armed forces and health personnel against the transmission of deadly COVID-19, donated a consignment of hand sanitizers, face masks, 21 thermometers,1000 hand gloves,100 safety kits and two brand new non-invasive ventilators that can be used in the treatment of COVID-19 victims to Lieutenant General Shavendra Silva,
NDB Bank recently launched the NDB NEOS Online Banking channel with a true omni-channel experience for the customers. During a time where social distancing is encouraged and curfew is active in various districts, NDB understands the need for customers to bank from the safety of their homes.
Seylan Bank continues to fully support customers across the island with an array of convenient banking services during these unprecedented times of limited mobility and social distancing.
Joining corporates in stepping up their efforts to fortify essential public health services Sri Lanka's leading private sector bank HNB PLC, donated 68 fire extinguishers to the National Institute of Infectious Diseases Hospital (IDH) yesterday.
Based on the direction of the Government and the guidelines of Central Bank of Sri Lanka towards supporting SMEs, other businesses and individuals, Amãna Bank has extended a helping hand to its customers in terms of a special relief moratorium to overcome the financial and economic challenges as a result of the Covid-19 outbreak.
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 15 April 2020, having observed the cumulative reduction of the key policy interest rates of the Central Bank,
Employees of the Central Bank of Sri Lanka has donated Rs. 13.1 million to the COVID – 19 Healthcare and Social Security Fund in support of Sri Lanka’s ongoing response to the COVID-19 pandemic.
In January this year, the LOLC Group announced of their agreement to sell it’s 70% stake held in Cambodia’s largest Microfinance Company, PRASAC, to the world’s sixth largest Commercial Bank and Korea’s biggest Commercial Bank, Kookmin for US$ 603Mn, a Rs. 120Bn in local currency terms.
Mr. Priyantha Talwatte, Chief Executive Officer of Nations Trust Bank PLC symbolically handed over medical scrub suits for frontline healthcare workers combating the COVID-19 pandemic in Sri Lanka, to Director General of Health Services, Dr. Anil Jasinghe, at the Department of Health in Colombo on, 11th April 2020.
Introducing a Special Deposit Account to Support the National Effort to Manage the Challenges Faced due to COVID-19 Outbreak »
Sri Lanka’s Government in consultation with the Monetary Board of the Central Bank has introduced a Special Deposit Account (SDA) with the view to seek assistance for the national effort to overcome the effects of COVID-19 outbreak in the country.
LOLC group of companies in collaboration with ‘Manusath Derana’ donated 75 PPEs, 06 face masks and 06 cans of sanitization liquid to Defence Secretary Maj. Gen. (Retd) Kamal Gunaratne on April 10.
AIA pledges support to help fight COVID-19 – provides free hospital cash and life insurance to staff of IDH, Mulleriyawa and Welikanda Hospitals »
AIA Insurance has pledged their support to help Sri Lanka fight COVID -19, at a meeting held on 07th April at the Ministry of Health, Nutrition and Indigenous Medicine, under the patronage of the Minister of Health and Indigenous Medical Services- Honourable (Mrs)Pavithra Wanniarachchi, Director General of Health Services-Dr. Anil Jasinghe and a number of other Senior Officials of the Ministry.
DFCC Bank, is committed to serving the nation, catering to the needs of the bank’s loyal clientele. During this time of crisis in the country, the Bank reiterates its pledge to serve all Sri Lankans by taking necessary precautions to provide uninterrupted financial services through Digital services and being agile according to the government and central bank directives to ensure the safety of all citizens.
Colombo 18th March 2020: Colombo 08th April 2020: The National Insurer, Sri Lanka Insurance, has taken many initiatives to pledge support to the government initiatives in the prevention of the spread of Covid 19.
Focused on providing support and service during this challenging time Nations Trust Bank has commenced deployment of mobile ATM services to many areas in the Western province.
Ceylinco Life has announced it is offering multiple online payment and communications options as well as facilitation of settlement of claims, to ensure policyholder requirements are met as they stay safe in their homes to protect themselves, their families and the community against the spread of COVID-19.
Fairfirst Insurance, which is a part of the global Fairfax Group, has donated Rs. 10 million, collected by its employees, to the ‘Fight for COVID-19 Fund, which was set up to support Government measures to contain the spread of new coronavirus.
Fairfirst Insurance announced the renewal of their partnership with the Colombo Colts Cricket Club as their Official Sponsor for 2020. The partnership, which commenced 2017 was renewed for the third year, with the objective of recognizing sportsmanship and nurturing sports.
Having identified the need for Personal Protective Equipment (PPE) and Infrared thermometers, AIA Insurance donated PPE with visors and Infrared thermometers worth LKR 1 Million, to the Base Hospital Homagama.
People’s Bank launches Mobile Banking Unit in Gampaha bringing banking services to customers’ doorsteps »
With the inability of customers to carry out regular banking activities as a result of the curfew imposed to combat the Coronavirus, People's Bank has launched its Mobile Banking Unit with the aim of bringing banking services to the doorstep of customers
In support of the efforts taken to combat the Covid 19 pandemic, the management of Ceylinco General Insurance donated 2 units of the German-made ICU ventilators at a cost of Rs 5.9 million to the National Hospital, Colombo, which will no doubt boost the capacity of the hospital.
In its milestone 25th year of operation, leading insurer, Janashakthi Insurance PLC recorded an impressive growth of 30% in first-year premiums for the financial year of 2019, with Gross Written Premiums (GWP) of LKR. 3.5 billion.
In keeping with its brand promise of being ‘Here for good’, particularly in times of adversity, Standard Chartered (the Group) has announced that it is launching a USD 50 million global fund aiding those affected by the COVID-19 pandemic.
Nations Trust Bank announced that Priyantha Talwatte has taken over the reins as Chief Executive Officer, succeeding former Director/Chief Executive Officer, Renuka Fernando. Mr. Talwatte who has been an integral part of the corporate management team of the Bank for the past 17 years, was appointed Deputy Chief Executive Officer and named Chief Executive Officer designate in January 2019.
The HDFC Bank has sent out a circular to all its branches with instructions on how to provide relief measures to its customers who are affected by the COVID 10 pandemic.
A financial donations to the COVID-19 Healthcare and Social Security Fund from the People’s Bank Group and the People’s Bank Pensioners Association »
A financial donations were made to strengthen the COVID-19 Healthcare and Social Security Fund, by the People’s Bank Group and the People’s Bank Pensioners Association at the President’s Office on 31st of March 2020. The relevant cheques were handed over to the President’s Secretary Dr. P. B. Jayasundera.
The Commercial Bank of Ceylon of Ceylon has announced it is deploying its ‘Bank-on-Wheels’ Mobile ATM units in areas where curfews are in force, to provide urgently needed access to cash to members of the public.
To provide you with essential banking services, we are coming to your doorstep
HNB bank will visit your doorstep.
NDB bank will visit for the following areas tomorrow. You may use an NDB card or any other bank’s card.
While the COVID–19 outbreak in the country has forced all citizens to remain indoors and has brought many banking activities to a halt, NDB has taken several steps to assist the Bank’s customers to perform their banking transactions in a secure and safe fashion with minimal contact.
All operations of the Kollupitiya Hatton National Bank (HNB) branch have been shut down for 14 days after COVID-19 has been checked positively by a parent of a staff member of the specific branch, the bank said.
Keeping in line with the Government’s directive of declaring Insurance as an essential service, HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) implemented a number of measures with immediate effect to serve its customers.
On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is supporting a joint initiative with SANASA Insurance to provide Sri Lankan farmers with online farming insurance facilities that would eliminate the need for rural farming communities to visit an insurance company or for an agent to visit a farm.
HSBC, the largest international bank in Sri Lanka, said yesterday it is offering a range of relief measures for its personal and corporate customers given the challenges presented by the ongoing novel-Coronavirus (“COVID-19”) pandemic.
Within the backdrop of a curfew, the government has declared banking as an essential service in the country, enabling the public to meet their essential needs.
President Gotabaya Rajapaksa has instructed commercial bank heads to keep their branches open as required. It is a measure for facilitating trade and other important activities, the Media Division of President said.
Environmental degradation occurs daily in Sri Lanka on a wide and unprecedented scale. Citizens face numerous issues due to environmental pollution with no proper mechanism to bring this to the attention of the relevant authorities.
The staff of Pan Asia Bank has come together in support of a worthy cause under the banner ‘Day of Charity’ that is aimed at putting books on the hands of underprivileged children living across Sri Lanka.
HNB Finance underscored its credentials in the digital realm with an imperious performance at the SLT Zero One Awards, sweeping gold awards for the Overall Best Website or Microsite as well as the Best Digital-Integrated Campaign and Best Website or Microsite from the financial sector.
Seylan Bank continues to widen their credit card offerings with the recent unveiling of their VISA Signature Credit Card. This launch marks the beginning of their journey to embark within the premier credit card market.
Sri Lanka Insurance (SLI) in support of the Government initiative to prevent the spreading of Covid 19 virus has launched a series of initiatives to provide a safe continuous service to its customers.
HNB Assurance PLC and its fully owned subsidiary HNB General Insurance Limited will honor all claims both life and medical related to COVID-19.
Being an organization deeply committed to protect the health and wellbeing of its policyholders; Union Assurance PLC, has taken several measures to serve its customers during this Covid19 outbreak.
The 17th Annual Inter Branch / Department Quiz programme organized by International Banking Division was successfully held at the Golden Rose, Boralesgamuwa recently with the participation of 102 teams. The objective of the quiz was to enhance the overall knowledge of the Bank’s staff.