Category: Banking and Finance
WCIC’s 40th anniversary celebrations continue with empowering future female entrepreneurs workshop
As part of its year-long 40th Anniversary celebrations, the Women’s Chamber of Industry and Commerce (WCIC) hosted another flagship initiative, Empowering Future Female Entrepreneurs, at Trace Expert City. The event brought together 60 ambitious female undergraduates from 16 universities across Sri Lanka for a full day of learning, mentorship, and inspiration. The program is one […]
Commercial Bank of Ceylon Leadership Meets Bangladesh Bank Governor to Deepen Regional Ties
The corporate leadership of Commercial Bank of Ceylon, led by Mr Sharhan Muhseen, Chairman and Mr Sanath Manatunge, Managing Director/Chief Executive Officer, recently visited the Bank’s operations in Bangladesh and met with Dr Ahsan H. Mansur, Governor of Bangladesh Bank, in Dhaka. Discussions at the meeting centred on the nation’s financial stability and policy direction, […]
Epic Technology Group dominates at National ICT Awards 2025
Epic Technology Group reaffirmed its supremacy in Sri Lanka’s ICT and fintech landscape by securing the highest number of awards at the 27th National ICT Awards – NBQSA 2025, organized by the Sri Lankan section of BCS, The Chartered Institute for IT. The prestigious awards ceremony was held on 10 October 2025 at Hotel Taj […]
London-Colombo FinTech WealthOS demonstrates breakthrough migration capability
The technology built by WealthOS, a London/Colombo-based cloud-native wealth tech SaaS, has powered the migration of 126,000 UK ISA and Junior ISA accounts from Embark (FNZ) to Quai Digital, its flagship UK client and a London-based white-label digital savings and investment platform services provider. The migration was conducted on behalf of The Children’s ISA (TCI), […]
Sri Lanka’s banks present far-reaching proposals to Finance Minister to drive economic recovery
Sri Lanka’s banking sector has placed itself at the heart of the country’s economic recovery roadmap, presenting a far-reaching set of proposals for inclusion in the 2026 National Budget. The proposals, developed and submitted by the Sri Lanka Banks’ Association (SLBA) on behalf of all licensed commercial banks, were shared with Deputy Minister of Finance, […]
Sri Lankan business leaders to participate in 2025 UN private sector forum
On the invitation of the United Nations Secretary-General, António Guterres, three representatives from UN Global Compact Network Sri Lanka (Network Sri Lanka) will participate in the 2025 United Nations Private Sector Forum (PSF), a high-level roundtable that brings together a select group of global private sector leaders to drive forward sustainable economic growth as a […]
HNB felicitates employees who completed 25 years of service
Sri Lanka’s leading private sector bank, HNB PLC organized a ceremony recently to felicitate their employees who completed 25 years of service at the Bank. HNB organized a gala event to recognize 160 employees who had joined in 1999/2000. This highly anticipated event was attended by HNB Managing Director and CEO Damith Pallewatte, SVP/Chief Human […]
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Fitch Ratings has assigned DFCC Bank PLC’s (A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed blue bonds of up to LKR3 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’. The bonds, which would be the first listed blue bond issuance in Sri Lanka, will mature in three, four or five years. The proceeds from the […]
ComBank becomes the first Sri Lankan bank to cross USD 1 Bn. in market cap
Rings ceremonial bell at Colombo Stock Exchange to celebrate milestone The Commercial Bank of Ceylon PLC’s milestone of becoming the first bank in Sri Lanka with a market capitalisation of more than US$ 1 billion was celebrated at the Colombo Stock Exchange (CSE), where the Bank was invited to ring the ceremonial bell. Commercial Bank […]
ComBank creates history in Q2 as first private sector bank with assets of Rs. 3 trillion
Group deposits surpass Rs. 2.5 Tn. mark Loan book grows by Rs. 206 Bn. in 6 months to Rs. 1.73 Tn., disbursements average Rs. 34.33 Bn. per month Group net interest income up 17.39% to Rs. 68.81 Bn. Improves NIM and CASA Total taxes increase by over 60% for 6 months to Rs 24.42 Bn. […]
Nations Trust Bank delivers 26% loan growth in 1H 2025 supporting economic revival
Nations Trust Bank PLC reported strong results for the six months ending 30th June 2025, achieving a Profit After Tax (PAT) of LKR 9Bn, reflecting a healthy 10% year-on-year growth. Nations Trust Bank, Director & Chief Executive Officer, Hemantha D Gunetilleke, stated, “The Bank’s performance in 1H 2025 highlights our commitment to economic growth and […]
‘Invest Sri Lanka’ forum to be held in Singapore to boost foreign investment
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the stock broking industry, are conducting an ‘Invest Sri Lanka’ Investor Forum in Singapore on 12 th August 2025. Building on the momentum of the successful foreign investor forum held in Colombo during March this year, the […]