Strengthening its product portfolio, the dynamic insurance arm of the LOLC group, LOLC Insurance, launched two new products under its two entities, LOLC General Insurance Limited and LOLC Life Assurance Limited. 

Commercial Bank of Ceylon (ComBank) has announced the achievement of several milestones in service delivery in 2016 through operational developments that complemented its stellar financial 

Amana Bank PLC for its October-December quarter reported a loss of five cents a share or Rs.60.8 million from a net profit of Rs.37.4 million recorded during the same period from a year ago, the interim financial accounts released to the Colombo Stoc

Amana Takaful PLC (ATL) was reaffirmed ISO 9001:2008 certification for both its General and Family (Life) Takaful businesses as part of its endeavour to continuously provide high service standards to its discerning customers.

Deloitte powered ahead in 2016 as its global fee income grew by 5 percent to US $ 36.8 billion (£ 29.52 billion), nudging it ahead of Big Four rival PwC. 

A top delegation from BDO International including its Chief Executive Officer Martin van Roekel and CEO Asia Pacific Stephen Darley visited the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently. 

Avurudu is the festive season that all Sri Lankans wait for, regardless of ethnicity. Apart from kavum, kokiss and games in the sun, what most Sri Lankans wait for are the excellent savings and offers to be had during Sri Lanka’s most festive s

With the International Women’s Day only a few days away, the time to ‘Be Bold For Change’ is now – and what better way to take that big leap towards ultimate financial freedom and parity than finally taking charge of your own

Fitch Ratings has affirmed Ceylon Dollar Bond Fund’s international fund credit quality rating at ‘B+f’ and fund market risk sensitivity rating at ‘S5’. The fund is managed by Ceylon Asset Management (CAM).

The Commercial Bank of Ceylon recently hosted the bank’s top customers and business partners in the United Arab Emirates, a country with an expatriate Sri Lankan population estimated at 300,000. Popular Sri Lankan artistes Bhathiya, Santhush an

Having launched Sri Lanka’s first insurance comparison web platform, technology-driven insurance broking company InsureMe Insurance Brokers (Pvt) Limited introduced yet another innovative concept to the corporate world. 

Mastercard announced a global partnership with Oracle that is designed to deliver a streamlined digital payment experience to the retail and hospitality industries at the Mobile World Congress. The partnership will initially focus on three needs for

Union Bank launched ‘KalinAvuruduGanudenu’, an early-bird offer of exciting gifts for savings; in preparation for the upcoming Sinhala and Tamil New Year.

Ceylinco Insurance PLC, which runs Sri Lanka’s market leading life insurance business based on gross written premiums (GWPs), recorded earnings of Rs.87.19 a share or Rs.2.3 billion for the December quarter (4Q16), up 38 percent year-on-year (Y

Delivering an unprecedented new level of banking convenience to patients, visitors, and employees, Sri Lanka’s largest private sector bank, HNB PLC in partnership with the Softlogic Group’s healthcare arm, Asiri Health, opened its newest

State-owned National Insurance Trust Fund has concluded the procurement of a reinsurance programme for its agricultural insurance schemes. 

If good dining brings smiles to the diners, Commercial Bank’s credit and debit card holders will be smiling a lot over the next two months as they enjoy the Bank’s latest ‘Dine & Smile’ promotion.  Sixty four popular

NDB Good Life credit cards has now become better than ever, with amazing discounts on leading supermarkets, branded clothing and much more. 

REUTERS: The equities research division of the Americas unit of Hong Kong-based brokerage CLSA has been shut down, a spokeswoman said on Monday, clarifying an earlier report that the entire Americas section would be closed.

Commencing in February this year, the nation’s premier vehicle importer and distributor, Indra Traders, struck a partnership with Sri Lanka’s leading private sector bank, Hatton National Bank (HNB), to offer customers mega benefits in add

Strengthening its fundamental ethos of rewarding customer loyalty, Nations Trust Bank (NTB) rewarded 50 American Express (Amex) cardmembers with Apple’s latest flagship device at the Abans iStore recently.

REUTERS: AIA Group Ltd, the world’s third-largest life insurer by market value, said on Friday new business rose 28 percent in 2016, buoyed by strong customer demand in its main markets in China and Hong Kong.

Teejay Lanka PLC rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) recently. The bell ringing ceremony was organised by the CSE to celebrate Teejay as the latest addition to the S&P Sri Lanka 20 Index. 

Pan Asia Banking Corporation PLC (PABC), a mid-sized bank, reported earnings of Rs.4.65 a share or Rs.346 million for the October-December quarter, up 19 percent year-on-year (YoY), the interim financial accounts showed.  

Commercial Bank of Ceylon has been recognised as the Best Internet Bank in Sri Lanka in 2016 by the prestigious Global Banking & Finance Review of the UK.

People’s Leasing & Finance PLC has appointed Ahamed Sabry Ibrahim as the CEO-Designate with effect from November 15, 2016, as the long-standing CEO D.P. Kumarage is set to retire.  

Specialized project financier turned a fully-fledged commercial bank, DFCC Bank PLC, saw its December quarter (4Q16) earnings soaring 74 percent from a year ago to Rs.759.1 million or Rs.2.86 a share, largely supported by trading and other incomes, p

The National Development Bank PLC (NDB) group, a leading project lender in the country, saw its performance being negatively affected by the rising interest rates as the loan growth slowed significantly while the margins remained stubbornly lower as

REUTERS: The Reserve Bank of India’s six-member monetary policy committee cited concerns about inflation in holding rates in February, with three mentioning the need to shift the policy stance to “neutral” from “accommodative,

Sri Lanka’s premier and award-winning technology conglomerate, Epic Technology Group, synonymous for innovative world-class technology solutions, was on show at the eighth Annual Mobile Money & Agent Banking Summit 2017, held in Myanmar on