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Passara District Hospital promotes the Commercial Bank.

August 8, 2019

Commercial Bank CSR Trust, carried out through the Passara Branch of the Bank, saw the installation at the Passara District Hospital of a complete water treatment plant that had previously received water polluted with agrochemicals and waste materials.

DFCC maintains a steady course despite turbulence

August 6, 2019

Core business of DFCC Bank posted a profit before tax of LKR 2,056 million and profit after tax of LKR 1,588 million for the period ended 30 June 2019 compared to profit before tax of LKR 2,373 million and profit after tax of LKR 1,837 million in the comparative period. After accounting for the one-off fair value loss on Commercial Bank of Ceylon PLC shares transferred to the trading portfolio,

Commercial Credit & Finance is moving to a fresh place

August 1, 2019

The commercial credit and finance PLC recently moved its Ambalantota office to a larger location in the city's heart. The relocated branch was opened by K.D's senior executive. Sanath Sujeewa was followed by regional manager Havidu Balasooriya.

Seylan Bank is relocating the branch of Badureliya

August 1, 2019

Seylan Bank has moved its Badureliya branch to a more comfortable facility with the recent banking facilities in reaction to the requirements of integrated banking facilities. The fresh branch will be available from 9 a.m. at Rathnapura Road, Badureliya.

ComBank has been awarded five prizes for Asian Banking & Finance.

July 26, 2019

In its 2019 Asian Banking and Finance Awards, the Commercial Bank of Ceylon continued the winning row of its year, receiving five prizes, two in the category "Wholesale Banking Awards," two in the category ' Retail Banking Awards' and one in the category ' Business & Investments Banking Awards.'

All microfinance organizations are subject to fresh legislation

July 26, 2019

A totally fresh Credit Regulatory Authority Act is being introduced by the Central Bank of Sri Lanka (CBSL) to tackle present problems faced by the nation's unaccountable micro-finance agencies (MFIs).

The 80th Anniversary Branch in Gampaha opens BOC, a landmark

July 25, 2019

The Banco of Ceylon (BOC), which has taken Gampaha Branch to its new location as the Commemoration Branch for the 80th anniversary, has reached yet another milestone, providing clients with more comfort.

NDBIB won Euromoney prize from Lanka’s Best Investment Bank

July 25, 2019

For the year 2019, the NDB Investment Bank (NDBIB) again won the prestigious Euromoney prize of the "Best Investment Bank in Sri Lanka." This marks the eighth consecutive victory for NDBIB, one of any investment bank's longest winning lines and coincides with Euromoney magazine's 50.

At ShilpaSena exhibition, ComBank is setting up a Math Lab

July 24, 2019

A math lab established by the Commercial Bank of Ceylon on the Shilpa Sena Fair for four days was a significant attraction for learners from many age groups at the request of the Sri Lanka Accreditation Committee for Conformity Assessment (SLABCC).

For 1H-19 Union Bank registers Rs 297 mn of PAT

July 24, 2019

In the context of challenging market circumstances that have tested business resilience across all industries, Union Bank found a powerful first half of the year with an important development in key bank income, with resultants before all taxes of Rs. 849 million.

HNB Assurance PLC opens the market at CSE to celebrate S&P SL 20 Entry

July 23, 2019

HNB Assurance PLC rang the opening bell at the Colombo Stock Exchange (CSE) today. The ceremony was organized to celebrate the inclusion of HNB Assurance PLCin the S&P SL20 Index following the 2019 mid-year index review. insurance partners Janashakthi give ‘ Live Life ‘

July 20, 2019

In partnership with leading lifestyle, health and fitness app, Janashakthi Insurance PLC presents a preventive way to make clients travel well with the innovating ' life solution.

ComBank Q+ is launched by the Commercial Bank –

July 19, 2019

ComBank Q+–the first Quick Response (QR)-based payment application to be introduced under LANKAQR–has been initiated by the Commercial Bank of Ceylon. This creates history by bringing new technology to customers ' life.

Possible tax breaks in Sri Lanka, primary policy not relaxing argument: the head of CBSLSL

July 18, 2019

He told reporters in Colombo after the announcement of the monthly monetary policy that government revenue fell with higher expenditure opening doors for a possible tax slip. The Monetary Council decided to keep policy interest rates at its present level at its recent monetary policy conference.

Easy payment plans for holders of ComBank Credit Card

July 17, 2019

The Commercial Bank of Ceylon has partnered with 35 major travel agents to give a purse-easy travel experience to bank credit card holders by buying airline tickets through the Easy Payment Plans (EPP) of the Bank. Credit cardholders can now buy their airline tickets and convert the payment to an EPP, a service that enables cardholders to pay from a variety of payment plans in equal monthly installments of their choice. This promotion will be accessible until the end of June 2020.

SDB bank signs MoU with SOALA Commercial Equipment

July 15, 2019

SDB bank and SOALA Commercial Equipment (Pvt) Ltd entered into a Memorandum of Understanding (MoU) to offer financial solutions for SOALA commercial equipment customers wishing to expand their businesses. The MoU was signed by the Chief Executive Officer of SDB bank Thilak Piyadigama and Founder and Managing Director of SOALA Commercial Equipment (Pvt) Ltd – Chaminda Abeygunasekara.

The 37th AGM of MBSL is highly significant

July 10, 2019

At the Galadari Hotel in Colombo in the presence of 300 shareholders, the Merchant Bank of Sri Lanka and Finance PLC (MBSL) held its 37th Annual General Meeting on 25.06.2019.

Merchant Bank of Sri Lanka mCash partners

July 10, 2019

An exchange between the Chief Executive Officer of Nalin Perera, Mobitel and Jude Gamalath Chair of MBSL and Finance for the partnership agreement is to be concluded.

HNB deals with the worldwide Spider Man screening: Far From Home

July 10, 2019

HNB has partnered in a collaboration with Sony Pictures and hosted Sri Lanka's most customer-friendly bank, Spider-Man: Far from Home for social media enthusiasts, a sophisticated corporate screening of the highly expected sequel to blockbuster.

ADB is providing US$ 160 million for the enhancement project on rail effectiveness

July 9, 2019

Asian Development Bank ADB is a powerful Sri Lankan development partner since 1966. In an effort to shift Sri Lanka's Ferrovial into the future, the Bank will provide the US $160 million in support of the rail efficiency enhancement project. According to Sri Widowati, the country director for ADB in Sri Lanka, debates have concluded regarding the suggested project and ADB hopes that the project will soon be approved by the Sri Lankan Government.

‘Miles on the Fly’ Crazy

July 8, 2019

The first instant-rewarded plan based on the air miles traveled by the Sampath card holders valid until 31 July 2019 was introduced by with Sampath Bank.'s' Fly Miles ' provides a discount equivalent to a straight line distance of miles from the departure and arrival airport to Sampath Cardholders.

Finance Asia’s ComBank ‘ Best SL Bank ‘

July 8, 2019

For the fifth time in the FinanceAsia Country Awards, the Commercial Bank of Ceylon lately got its coveted Best Bank of the Year award in Sri Lanka. Prins Perera, deputy general manager of the Treasury, accepted the prize on behalf of the Bank was depicted at the case held at St. Regis Hotel, Hong Kong.

UK Council NDB awards candidates ‘ English for Teaching ‘

July 8, 2019

NDB and the British Council lately granted more than 190 promising applicants for "English for Teaching" instruction at the DHPL / NDB Audience in Nawam Mawatha, a publication from government schools in ten areas. The teachers were from Government Schools from regions in Ampara, Trincomalee, Anuradhapura, Badulla, Eheliyagoda, Gampaha, Hatton, Matara, Vavuniya, and Yakarawatta.

The People’s Bank has ATM installed in Seruvavila Mangala Raja Maha VIharaya

July 3, 2019

Recently in Seruvavila Mangala Raja Maha VIharaya a People's Bank Automated Teller Machine (ATM) was installed and opened. It enables users, on all seven days of the week and 365 days of the year, to withdraw cash 24 hours a day.

Fitch confirms 5 financial businesses in Sri Lanka ; reviews the MIF view to negative

July 2, 2019

Fitch Ratings has updated and confirmed the MIF to Negative from Stable Outlook on Mercantile Investment and Finance, PLC. At the same time, Fitch confirmed its ratings on  –Central Finance Company PLC (CF)–LB Finance PLC (LB)–Senkadagala Finance PLC(Senka)–Leasing and financing firms (PLC)–People's Finance PLC(PLC) Sri Lanka's financial firms have been reviewed regularly by Fitch. At the end of this rating action commentary, there is a complete list of rating actions.

DFCC Bank offers benefits for vehicle permit holders

July 1, 2019

DFCC Bank is expanding advantages for vehicle permit holders in its recent offering. In addition to offering zero margins and concession commission for Letters of Credit (LCs), DFCC provides financing help through customized personal loan schemes for permit holders, unique insurance packages through its insurance partners, and 0 percent insurance premium installment plans through DFCC credit cards.

Sampath Bank completes 100% percent rights issue subscriptions.

July 1, 2019

Sampath Bank announced in a stock exchange filing that the Board of Directors was effective in allocating all the stocks remaining unsubscribed at the close of the Company's rights issue.

Team NSB Carrom wins twin awards

June 26, 2019

NSB carrom players Yohan Sampath and Asela Soysa bagged double title at the recently concluded Nationalized Services Novices Tournament.

ComBank starts accepting LankaPay-JCB cards

June 25, 2019

Ceylon's Commercial Bank has become one of the first banks in Sri Lanka to accept co-branded LankaPay JCB

BOC opens new branch in Laggala Green Town

June 13, 2019

The Ceylon Bank joined the newly constructed Laggala Green Town, replacing the ancient town submerged in the Moragahakanda Kalu Ganga reservoir project.

The 2018 ACCA Sustainability Awards for Union Assurance

June 10, 2019

Union Assurance emerged as the Winner in the Finance Services and Insurance Category at the ACCA Sri Lanka Sustainability Reporting Awards 2018 held on May 30. This is the 15th consecutive year that ACCA has organized this event and the 11th instance that UA was recognized for sustainable business practices. 

NDB holds Blood donation campaign

June 10, 2019

NDB partnered with the Nation Blood Bank to host a special blood donation campaign last week. The blood donation campaign organized by the NDB Staff Recreational Club (SRC) was held on May 30 and saw a massive response of volunteers among the Bank’s staff eager to donate a pint.

DFCC iConnect to facilitate employee EPF payments

May 30, 2019

The biggest testimony to the credentials of DFCC Bank as the industry leader in pioneering FinTech solutions in the banking and

Fitch upgrades the National Long Term ratings of Union Bank

May 27, 2019

Fitch Ratings Lanka has upgraded the National Long-Term Ratings of Union Bank to ‘BBB-(lka)’ from ‘BB+(lka)’ with a Stable Outlook.

Cargills Bank Appoints A New CCO

May 21, 2019

Cargills Bank announced the appointment of Darshana Ratnayake as its Chief Commercial Officer (CCO) with effect from May 2019.

ComBank Retain ‘Social Media Brand of the Year’ award

May 16, 2019

For the Second Consecutive year, the Commercial Bank of Ceylon was awarded the ‘Social Media Brand of the Year 2019’ at the 8th Global Customer Engagement Forum & Awards in Mumbai, sharing the honor with joint Gold winner Switzerland Tourism.

Nations Trust Bank with increasing non-performing loans.

May 14, 2019

Nations Trust Bank’s performance during the quarter ending March 31, 2019, reflected a continuation of the issues witnessed in the previous few quarters with increasing non-performing loans and moderation of credit growth.

HNB Group Records an Outstanding Profit Before Tax

May 14, 2019

Recently, Hatton National Bank posted a profit before tax of Rs 3.3 billion and a profit after tax of Rs 2 billion for the first quarter of 2019, despite all the market challenges

People’s Bank Secures International Awards.

May 3, 2019

People’s Bank was recently bestowed with two prominent awards on the global banking platform. The first prestigious award as the ‘Best Retail Bank in Sri Lanka’, Digital Bank in Sri Lanka’ and ‘The Most Improved Retail Bank in the Asia Pacific, Middle East and Africa’

Seylan Bank a Year on Year Growth.

May 3, 2019

A steady start was made in 2019 by Seylan Bank posting a Profit after Tax of Rs. 903 Million in Q1 despite less than ideal market conditions.

Nation Trust Banks, Prioritizes Human Resources

April 2, 2019

The launch of Nations Trust Bank’s Employee Trust Proposition is to be launched today (2nd April 2019) with an objective of being a leader in Human Resource Management.

Commercial Bank Continues Its Winning Streak By Receiving Awards.

April 1, 2019

Continuing its winning streak the Commercial Bank of Ceylon has won two more international awards – ‘Best Internet Bank – Sri Lanka’ and ‘Best Green Bank – Sri Lanka

People’s Bank Wins Two Coveted Awards Due to Exceptional Customer Service

March 23, 2019

At the recently conducted SLIM-Neilson People’s Awards 2019, People’s Bank was bestowed with the ‘People’s Service Brand of the Year’ and ‘People’s Banking Service Provider of the Year.

BOC Awarded ‘Best HR Organization to Work for’ for the Second Year.

March 21, 2019

Once again the Bank of Ceylon was recognized as the “Best HR Organizations to Work for” by the HRD Congress at the Taj Lands End, Mumbai, India in February 2019, for this was the second consecutive year.  

Bank Of Ceylon’s Relocated Katunayeke Branched, Commences For Operations.

March 13, 2019

The Katunayake IPZ Branch, of Bank of Ceylon, was relocated to a new premise recently, as it was considered a strategic move to add more convenience for customers in the area. Therefore, the opening ceremony took place with the participation of many important personalities.

A New Chairman of the National Savings Banks Appointed.

March 8, 2019

A Senior Banking Professional with over 40 years of experience in the banking industry, J. Chandrasekera assumed duties as Chairman of the National Savings Bank yesterday.

Union Assurance Records An Improved Growth Of GWP’s

March 7, 2019

In a challenging operating environment, Union Assurance PLC (UA) recorded an encouraging 11% growth in Gross Written Premiums (GWP).

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Cargills Bank Expands Network For Greater Customer Convenience.

February 22, 2019

A growing digitally driven financial entity, Cargills Bank reiterated its commitment to true digitization of Banking with the opening of three new Digizones in Colombo.

Ronald C Perera Re-Appointed As The Chairman Of Bank Of Ceylon.

February 15, 2019

President's Counsel, Ronald C. Perera, currently, is a Law Graduate from the University of Colombo

HNB A Sri Lankan Brand And Leader Recognized As The Greatest.

February 11, 2019

Adding to their tally of awards in 2018, Sri Lanka’s largest private sector Bank, HNB and its Chief Executive Officer (CEO) and Managing Director, Jonathan Alles were recognized as Asia’s Greatest Brands and Leaders 2018.


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