Banking Archives - Page 125 of 278

November 17, 2022

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People’s Bank, Sri Lanka’s Premier Licensed Commercial Bank, was recognised by the Institute of Certified Management Accountants of Sri Lanka (CMA) for its 2021 Annual Report as one of the top ten ‘Best Integrated Annual Reports” in the country at the recently concluded CMA Excellence in Integrated Reporting Awards 2022. The integrated […]

November 15, 2022

People’s Leasing and Finance PLC (PLC), launched the “Senehas Minors’ Fixed Deposit” for the first time in Sri Lanka from the Non–Bank Finance Institution sector (NBFI). The official launching ceremony of the “Senehas Minors Fixed Deposit” was held on the 10th Of November 2022 at the People’s Leasing Head Office under the […]

November 15, 2022

Amana Bank has successfully continued its growth trajectory to record a Profit Before Tax of LKR 940.0 million for the nine months ending 30 September 2022, showcasing its resilient performance amidst a challenging economic environment. The Bank’s PBT achievement reflects a 28% YoY growth compared to the 2021 corresponding period PBT of […]

November 15, 2022

Strengthening the digital presence of Sri Lankan businesses, private sector bank HNB PLC partnered with South Asia’s leading e-commerce platform Daraz to on-board the bank’s extensive network of SMEs. The collaboration enables HNB SME customers to gain access to a wide range of services and facilities to establish an online presence. HNB […]

November 15, 2022

The Commercial Bank of Ceylon has become the highest-ranked bank and one of the five best-performing companies in Sri Lanka for the 14th consecutive year in the latest Business Today Top 40 ranking released in November 2022. Sri Lanka’s largest private sector bank, Commercial Bank has been placed third in the overall […]

November 15, 2022

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Colombo, 14 November, 2022 – Seylan Bank, the Bank with a Heart, has enhanced its mobile banking app with features that ensure better security and further convenience to its customers. With mobility being severely affected under current circumstances, the upgraded app will be an ideal solution to conduct regular banking transactions from […]

November 14, 2022

• Total operating income doubles to Rs 100 Bn • Impairment for first nine months exceeds Rs 60 Bn • Local currency deposits grow by Rs 146 Bn • Tier I capital ratio and total capital ratio at 11.31% and 14.36%, respectively • Liquidity coverage ratio at 218.5% Hatton National Bank […]

November 11, 2022

A first for Sri Lanka, DFCC Bank, a fast-growing, customer-centric card issuer, launched the “Make a Wish” Campaign, a truly customer-centric initiative to allow customer wishes to be made known to the Bank. Customers can record their wishes about what they want to see in terms of seasonal card offers through a […]

November 11, 2022

Amidst widespread economic uncertainty during the year 2022, Sampath Bank maintained a strong capital base and a steady liquidity profile. Proactive efforts to identify challenges and implement appropriate strategies has allowed the Bank to further reinforce its strength and stability. The Bank has also continued to lead by example in demonstrating its […]

November 11, 2022

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 9-month gross income up 62.91% to Rs 195.6 Bn. and 89.58% to Rs 76 Bn. in Q3  Impairment provisioning nearly triples to Rs 52.3 Bn. for 9 months: Rs 34.3 Bn. increase over first 9 months of 2021 mainly on account of government securities  Loan book grows by […]

People’s Bank’s 2021 Annual Report recognised at the CMA Excellence in Integrated Reporting Awards 2022

People’s Leasing launches “Senehas Minors’ Fixed Deposit” to encourage children to save money.

Amana Bank demonstrates stability and resilience recording a 9 Month PBT of Rs 940 Mn, continuing its growth momentum

HNB – Daraz collaboration offers SMEs access to an e-commerce platform

ComBank highest-ranked bank in ‘Business Today Top 40’ for 14th year

Online convenience further enhanced with revamped Seylan Mobile Banking App

HNB stands strong in turbulent times

Make a Wish with DFCC Bank Credit Cards

Sampath Bank moves ahead steadily to prove its ability to withstand strong headwinds.

Operationally strong ComBank Group posts healthy topline growth, amidst prudent provisioning